v0.7.2-5

Announcing NON-MANDATORY upgrade v0.7.2-5, with fixes that only apply to testnet. Mainnet features are unchanged from v0.7.2-4.
This release includes the following improvements and updates:

• Fix testnet transaction funding issue for multi-currency sendcurrency commands
• Fix testnet currency conversions
• Fix opids for sendcurrency

The Verus DeFi Testnet -- THERE IS NO TESTNET RESET

All new 'sendcurrency' features described above now work on both mainnet and testnet. In addition, testnet can source funds for DeFi features from private z-addresses as well. Again, use of these feature in the GUI is currently accessible only from Settings->Coin settings.

This is the most groundbreaking testnet the Verus project has ever released, and we believe it holds the potential to improve and reshape the DeFi industry. There are truly so many new capabilities and blockchain firsts working now on testnet that it’s hard to adequately cover them all. Below is a list of new capabilities active on the v0.7.2 testnet that will be on mainnet in the near future when considered fully hardened, tested, and ready for worldwide, public scale. Until then, Verus testnet is a fully decentralized blockchain network with 50% proof of work, 50% proof of stake, worldwide availability, and is running all of the new Verus protocols that are being tested and hardened for mainnet. All currencies and assets on the Verus testnet have absolutely no value and may be reset at any time in the interest of testing for mainnet. If you would like a representative basket of Verus testnet currencies that you can use to try out all of the new protocols from anywhere in the world, simply visit the Verus Discord and ask in the #pbaas-development channel. You can use this link as an invite to the Verus Discord: https://discord.gg/gecZsCf

• DeFi and cross-currency liquidity integrated with blockchain processing, fees, VerusID, and Verus PoP, 51% hash-attack resistant consensus algorithm - This is a massive set of platform capabilities that take DeFi further than any project in crypto today. We will list it here and describe it below. Using it is simple. Understanding the implications of what such a protocol can do when rent free and integrated in a truly decentralized public blockchain is a process of realizations that is likely to be similar to layers of an onion. We will do our best to explain below.

• System-wide queries for fractional basket currencies for arbitrage, investment discovery, or conversion bargain hunting - The new RPC API, getcurrencyconverters (final name at mainnet, TBD), enables instant queries of any full node for all registered currencies above a fixed liquidity threshold that contain one or more reserve currencies. This new API enables wallets or applications to easily query the entire blockchain network of fractional currencies, determine which provides the best conversion rate at acceptable liquidity, and either convert at the best possible rates worldwide, or select only better-than-market rates and arbitrage to earn.

• Enhanced VerusIDs with Verus Vault technology - This capability extends the already groundbreaking VerusID revocable, recoverable, provable, friendly name blockchain addresses and identities to include an advanced time lock capability that does not prevent staking on locked funds, enabling easy implementation of things like vesting, trusts, protocols for theft-proofing funds, simplifying estate planning, and much more. With Verus Vault technology, your funds, identity, and estate planning can be done in a fully self-sovereign manner, with the peace of mind in knowing you are protected from lost or stolen private keys.

• Verus Fee Pooling technology A sustainable mining and staking fee and revenue model while strengthening, rather than creating risk of weakening blockchain security, by preserving immediate incentive to maximize per-block fees, while smoothing fee distribution to miners and stakers over time, fully addressing the legitimate concerns expressed and still not addressed by Vitalik Buterin with respect to ETH and ETH 2.0 (https://blog.ethereum.org/2016/07/27/inflation-transaction-fees-cryptocurrency-monetary-policy/). In the fee pooling model, which is an extremely powerful, yet simple solution to enabling a mining and staking economy, all fees are gathered from transactions in a block as usual, then the fees, also calculated as usual, are added to a common, persistent pool of collected fees, and the current block miner or staker takes up to 1% of the aggregate fee pool.

Verus Vault - Advanced Time Locking of Identities

On the new Verus testnet, we have introduced a capability we cal Verus Vault, which both provides options for a theft-resistant workflow of identity management, but also enables many use cases from trusts to vesting schedules, to escrow alternatives, estate planning and more. The concept is simple, but the ramifications when combined with the already unique revocation and recovery capabilities offered by VerusID on mainnet are immense.

The Verus Vault use case, which was originally described in the conception of the feature, is the ability to timelock an ID, which would prevent any spending of any funds controlled by that ID, while still allowing the ID and all its funds to be used for staking. If the timelock was set for one day when locked, the unlock operation itself will require a waiting period of one day, which can only be circumvented by a revocation followed by recovery operation. In practice, this means that even if someone compromises your private keys while an ID is locked, they cannot spend any of the funds (though they could stake them and delegate rewards to another address, which you could immediately see) unless they unlock the ID first and wait one day. If you notice that your ID has been unlocked by someone other than you, you can revoke and recover before any funds are lost at all. If you wanted to get extremely secure, to the point of covering a case where someone may steal your private keys without you knowing and then lay in wait until you unlock your identity, so they can pounce on your funds before you lock it again, you can actually modify the controlling private keys of an identity before unlocking it, which ensures that the unlocked funds become usable again under the control of freshly made, uncompromised keys. While we believe this unique Verus technology actually provides for fully theft-proof workflows and protection of all assets on the network under the control of an ID, we will generally refer to the technology as "theft-resistant" and disclaim all guarantees of fitness for any particular purpose as part of the "experimental software" disclaimer.

In addition to use cases related to theft resistance and delayed lock opening, Verus Vault can be used to provide more standard forms of time-locking by simply time locking and unlocking in one operation, leaving the unlock period immediately counting down. This capability could be used to provide time locked funds to team members, children, employees, or structured in a way to provide time locked deal and payment terms. The uses for this technology are certainly beyond those that we have already thought of, and we look forward to seeing how people leverage this powerful new protocol capability.

Verus Desktop allows CLI commands for native coins. To run CLI for VRSCTEST, go to settings, coin settings, then select Verus Testnet (VRSCTEST) from the drop-down menu

• Time Lock:
  The timelock parameter defines the unlock height of the identity.

  run updateidentity '{"name": "ID@", "flags": 0, "timelock": <Unlock block height>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Time Delay:
  The timelock parameter defines how many blocks to delay an ID's unlock when the flags are set back to an unlocked state.

  run updateidentity '{"name": "ID@", "flags": 2, "timelock": <Unlock block delay>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Revoking an identity will clear its locked status, regardless of time delay or unlock height.
• A locked identity cannot revoke itself.

Conversion Queries

The getcurrencyconverters API retrieves all currencies that have at least 1000 VRSC in reserve, are greater than 10% VRSC reserve ratio, and have all listed currencies as reserves

• E.g. BTC ETH:

  run getcurrencyconverters btc eth
  

  Will return all currencies that have btc/eth markets at or above the liquidity threshold.

Sending and Converting Currency

Warning: All testnet coins/currencies have no value and will disappear whenever VRSCTEST is reset

The sendcurrency API can be used to send and convert funds.

• Sending VRSCTEST from a single address (bob@) to a single recipient (alice@):

  run sendcurrency "bob@" '[{"currency":"vrsctest","address":"alice@","amount":10}]' 
  

• Sending VRSCTEST from all wallet funds to two recipients (alice@ and bob@):

  run sendcurrency "*" '[{"currency":"vrsctest","address":"alice@","amount":10},{"currency":"VRSCTEST","address":"bob@","amount":10}]' 
  

• Converting VRSCTEST to a fractional basket currency, VRSC-BTC:

  run sendcurrency "*" '[{"address":"bob@","amount":10, "convertto":"VRSC-BTC"}]' 
  

• Converting VRSCTEST to another reserve, BTC through a fractional currency, VRSC-BTC:

  run sendcurrency "*" '[{"address":"bob@","amount":10, "convertto":"BTC","via":"VRSC-BTC"}]' 
  

• Preconverting to new currency, NEWCOIN, before it is active:

  run sendcurrency "*" '[{"address":"alice@","amount":10, "convertto":"NEWCOIN", "preconvert":true, "refundto":"alice@"}]' 
  

Defining a Currency

To create a currency of a specific name, you need an ID of the same name. The co...

v0.7.2-4

v0.7.2-4 WITH THE WORLD'S FIRST FRIENDLY-NAME, zk-SNARK ADDRESSES FOR MAINNET AND TESTNET

Announcing CRITICAL FOR GUI upgrade v0.7.2-4 with the following improvements and fixes:

• Added RFOX claim button for migrated funds
• Verus Desktop will not shut down daemons that it did not start when the app is closed.
• Show details screen instead of blank screen, if there is an application crash
• Added update notifier, which will automatically notify all GUI users of new updates as they become available
• As a reminder, this GUI release also includes a first run and menu item to bootstrap a Verus full node, making setup easier
• Critical GUI-only security fixes

The following new features are not yet included in the main GUI screens, but can be accessed via 'Settings->Coin settings'

• sendcurrency can now use sapling addresses as native currency funding sources and destinations for any transaction.
• An identity's z-address can now be referred to by appending :private to an ID. E.g "idname@:private". This form of z-address will also be able to be used on sendcurrency outputs.
• New wildcards on address source will be:
  • All transparent addresses (both R and IDs)
    "*"
  • All R-addresses
    "R*"
  • All i-addresses
    "i*"
• sendcurrency will now be an asynchronous API that will return an operation ID, as z_sendmany does, and complete in the background. It will also have its status available through z_getoperationstatus.

NOTE: Due to the zero knowledge nature of z-addresses, a z-address is an endpoint in your VerusID which can be changed if you revoke and recover an ID, funds held on a private address or endpoint are not able to be redirected to the newly recovered ID unless you still have control over the z-address itself. Transparent funds controlled by an ID are recovered when the ID is revoked and recovered, even if you have lost the keys. This is a fundamental limitation of zero-knowledge privacy, not an error and not something to be fixed. Please consider this when using friendly-name private addresses as funds and not just message endpoints.

The Verus DeFi Testnet -- THERE IS NO TESTNET RESET

All new 'sendcurrency' features described above now work on both mainnet and testnet. In addition, testnet can source funds for DeFi features from private z-addresses as well. Again, use of these feature in the GUI is currently accessible only from Settings->Coin settings.

This is the most groundbreaking testnet the Verus project has ever released, and we believe it holds the potential to improve and reshape the DeFi industry. There are truly so many new capabilities and blockchain firsts working now on testnet that it’s hard to adequately cover them all. Below is a list of new capabilities active on the v0.7.2 testnet that will be on mainnet in the near future when considered fully hardened, tested, and ready for worldwide, public scale. Until then, Verus testnet is a fully decentralized blockchain network with 50% proof of work, 50% proof of stake, worldwide availability, and is running all of the new Verus protocols that are being tested and hardened for mainnet. All currencies and assets on the Verus testnet have absolutely no value and may be reset at any time in the interest of testing for mainnet. If you would like a representative basket of Verus testnet currencies that you can use to try out all of the new protocols from anywhere in the world, simply visit the Verus Discord and ask in the #pbaas-development channel. You can use this link as an invite to the Verus Discord: https://discord.gg/gecZsCf

• DeFi and cross-currency liquidity integrated with blockchain processing, fees, VerusID, and Verus PoP, 51% hash-attack resistant consensus algorithm - This is a massive set of platform capabilities that take DeFi further than any project in crypto today. We will list it here and describe it below. Using it is simple. Understanding the implications of what such a protocol can do when rent free and integrated in a truly decentralized public blockchain is a process of realizations that is likely to be similar to layers of an onion. We will do our best to explain below.

• System-wide queries for fractional basket currencies for arbitrage, investment discovery, or conversion bargain hunting - The new RPC API, getcurrencyconverters (final name at mainnet, TBD), enables instant queries of any full node for all registered currencies above a fixed liquidity threshold that contain one or more reserve currencies. This new API enables wallets or applications to easily query the entire blockchain network of fractional currencies, determine which provides the best conversion rate at acceptable liquidity, and either convert at the best possible rates worldwide, or select only better-than-market rates and arbitrage to earn.

• Enhanced VerusIDs with Verus Vault technology - This capability extends the already groundbreaking VerusID revocable, recoverable, provable, friendly name blockchain addresses and identities to include an advanced time lock capability that does not prevent staking on locked funds, enabling easy implementation of things like vesting, trusts, protocols for theft-proofing funds, simplifying estate planning, and much more. With Verus Vault technology, your funds, identity, and estate planning can be done in a fully self-sovereign manner, with the peace of mind in knowing you are protected from lost or stolen private keys.

• Verus Fee Pooling technology A sustainable mining and staking fee and revenue model while strengthening, rather than creating risk of weakening blockchain security, by preserving immediate incentive to maximize per-block fees, while smoothing fee distribution to miners and stakers over time, fully addressing the legitimate concerns expressed and still not addressed by Vitalik Buterin with respect to ETH and ETH 2.0 (https://blog.ethereum.org/2016/07/27/inflation-transaction-fees-cryptocurrency-monetary-policy/). In the fee pooling model, which is an extremely powerful, yet simple solution to enabling a mining and staking economy, all fees are gathered from transactions in a block as usual, then the fees, also calculated as usual, are added to a common, persistent pool of collected fees, and the current block miner or staker takes up to 1% of the aggregate fee pool.

Verus Vault - Advanced Time Locking of Identities

On the new Verus testnet, we have introduced a capability we cal Verus Vault, which both provides options for a theft-resistant workflow of identity management, but also enables many use cases from trusts to vesting schedules, to escrow alternatives, estate planning and more. The concept is simple, but the ramifications when combined with the already unique revocation and recovery capabilities offered by VerusID on mainnet are immense.

The Verus Vault use case, which was originally described in the conception of the feature, is the ability to timelock an ID, which would prevent any spending of any funds controlled by that ID, while still allowing the ID and all its funds to be used for staking. If the timelock was set for one day when locked, the unlock operation itself will require a waiting period of one day, which can only be circumvented by a revocation followed by recovery operation. In practice, this means that even if someone compromises your private keys while an ID is locked, they cannot spend any of the funds (though they could stake them and delegate rewards to another address, which you could immediately see) unless they unlock the ID first and wait one day. If you notice that your ID has been unlocked by someone other than you, you can revoke and recover before any funds are lost at all. If you wanted to get extremely secure, to the point of covering a case where someone may steal your private keys without you knowing and then lay in wait until you unlock your identity, so they can pounce on your funds before you lock it again, you can actually modify the controlling private keys of an identity before unlocking it, which ensures that the unlocked funds become usable again under the control of freshly made, uncompromised keys. While we believe this unique Verus technology actually provides for fully theft-proof workflows and protection of all assets on the network under the control of an ID, we will generally refer to the technology as "theft-resistant" and disclaim all guarantees of fitness for any particular purpose as part of the "experimental software" disclaimer.

In addition to use cases related to theft resistance and delayed lock opening, Verus Vault can be used to provide more standard forms of time-locking by simply time locking and unlocking in one operation, leaving the unlock period immediately counting down. This capability could be used to provide time locked funds to team members, children, employees, or structured in a way to provide time locked deal and payment terms. The uses for this technology are certainly beyond those that we have already thought of, and we look forward to seeing how people leverage this powerful new protocol capability.

Verus Desktop allows CLI commands for native coins. To run CLI for VRSCTEST, go to settings, coin settings, then select Verus Testnet (VRSCTEST) from the drop-down menu

• Time Lock:
  The timelock parameter defines the unlock height of the identity.

  run updateidentity '{"name": "ID@", "flags": 0, "timelock": <Unlock block height>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Time Delay:
  The timelock parameter defines how many blocks to delay an ID's unlock when the flags are set back to an unlocked state.

  run updateidentity '{"name": "ID@", "flags": 2, "timelock": <Unlock block delay>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Revoking an identity will clear its locked...

v0.7.2-3

Announcing NON-MANDATORY upgrade v0.7.2-3 with the following improvements and fixes:

• Easy, built in bootstrap option for new Verus installs or as a menu option to fix an existing installation
• Fixes a rare issue in wallet synchronization for IDs that have been transferred between wallets in a specific combination of transfers and spends of prior outputs. In the cases seen, the wallet maintained some outputs as unspent, when in fact they were spent on the blockchain. We have seen a very small number of people hit this issue after transferring IDs between owners and/or separate wallets and having spent prior outputs on transactions that still have valid UTXOs to the ID. If you have encountered such an issue, this version will properly synchronize the wallet with a full rescan. If you have not, use of this version will prevent the issue from ever occurring.
• Stricter updateidentity paramater checks to ensure that revocation and recovery IDs are already registered, valid IDs on the blockchain before accepting a change
• Adds support for RFOX ERC20 token
• Fixes an issue that may occur when sending Ethereum or ERC20 tokens that can cause the send to throw an error

Testnet Reset

The testnet was deleted and relaunched on v0.7.2-2. Testnet is available to anyone who wants to try it and can be selected just like other coins in the wallet as symbol "VRSCTEST". IF YOU HAVE LAST LAUNCHED VRSCTEST FROM A VERSION PRIOR TO v0.7.2-2, PLEASE DELETE YOUR BLOCKCHAIN STATE BY FOLLOWING THE INSTRUCTIONS AT THE BOTTOM OF THE RELEASE NOTES BEFORE RUNNING THIS UPDATE

The New Verus DeFi Testnet

This is the most groundbreaking testnet the Verus project has ever announced, and we believe it holds the potential to improve and reshape the DeFi industry. There are truly so many new capabilities and blockchain firsts working now on testnet that it’s hard to adequately cover them all. Below is a list of new capabilities active on the v0.7.2 testnet that will be on mainnet in the near future when considered fully hardened, tested, and ready for worldwide, public scale. Until then, Verus testnet is a fully decentralized blockchain network with 50% proof of work, 50% proof of stake, worldwide availability, and is running all of the new Verus protocols that are being tested and hardened for mainnet. All currencies and assets on the Verus testnet have absolutely no value and may be reset at any time in the interest of testing for mainnet. If you would like a representative basket of Verus testnet currencies that you can use to try out all of the new protocols from anywhere in the world, simply visit the Verus Discord and ask in the #pbaas-development channel. You can use this link as an invite to the Verus Discord: https://discord.gg/gecZsCf

• DeFi and cross-currency liquidity integrated with blockchain processing, fees, VerusID, and Verus PoP, 51% hash-attack resistant consensus algorithm - This is a massive set of platform capabilities that take DeFi further than any project in crypto today. We will list it here and describe it below. Using it is simple. Understanding the implications of what such a protocol can do when rent free and integrated in a truly decentralized public blockchain is a process of realizations that is likely to be similar to layers of an onion. We will do our best to explain below.

• System-wide queries for fractional basket currencies for arbitrage, investment discovery, or conversion bargain hunting - The new RPC API, getcurrencyconverters (final name at mainnet, TBD), enables instant queries of any full node for all registered currencies above a fixed liquidity threshold that contain one or more reserve currencies. This new API enables wallets or applications to easily query the entire blockchain network of fractional currencies, determine which provides the best conversion rate at acceptable liquidity, and either convert at the best possible rates worldwide, or select only better-than-market rates and arbitrage to earn.

• Enhanced VerusIDs with Verus Vault technology - This capability extends the already groundbreaking VerusID revocable, recoverable, provable, friendly name blockchain addresses and identities to include an advanced time lock capability that does not prevent staking on locked funds, enabling easy implementation of things like vesting, trusts, protocols for theft-proofing funds, simplifying estate planning, and much more. With Verus Vault technology, your funds, identity, and estate planning can be done in a fully self-sovereign manner, with the peace of mind in knowing you are protected from lost or stolen private keys.

• Verus Fee Pooling technology A sustainable mining and staking fee and revenue model while strengthening, rather than creating risk of weakening blockchain security, by preserving immediate incentive to maximize per-block fees, while smoothing fee distribution to miners and stakers over time, fully addressing the legitimate concerns expressed and still not addressed by Vitalik Buterin with respect to ETH and ETH 2.0 (https://blog.ethereum.org/2016/07/27/inflation-transaction-fees-cryptocurrency-monetary-policy/). In the fee pooling model, which is an extremely powerful, yet simple solution to enabling a mining and staking economy, all fees are gathered from transactions in a block as usual, then the fees, also calculated as usual, are added to a common, persistent pool of collected fees, and the current block miner or staker takes up to 1% of the aggregate fee pool.

Verus Vault - Advanced Time Locking of Identities

On the new Verus testnet, we have introduced a capability we cal Verus Vault, which both provides options for a theft-resistant workflow of identity management, but also enables many use cases from trusts to vesting schedules, to escrow alternatives, estate planning and more. The concept is simple, but the ramifications when combined with the already unique revocation and recovery capabilities offered by VerusID on mainnet are immense.

The Verus Vault use case, which was originally described in the conception of the feature, is the ability to timelock an ID, which would prevent any spending of any funds controlled by that ID, while still allowing the ID and all its funds to be used for staking. If the timelock was set for one day when locked, the unlock operation itself will require a waiting period of one day, which can only be circumvented by a revocation followed by recovery operation. In practice, this means that even if someone compromises your private keys while an ID is locked, they cannot spend any of the funds (though they could stake them and delegate rewards to another address, which you could immediately see) unless they unlock the ID first and wait one day. If you notice that your ID has been unlocked by someone other than you, you can revoke and recover before any funds are lost at all. If you wanted to get extremely secure, to the point of covering a case where someone may steal your private keys without you knowing and then lay in wait until you unlock your identity, so they can pounce on your funds before you lock it again, you can actually modify the controlling private keys of an identity before unlocking it, which ensures that the unlocked funds become usable again under the control of freshly made, uncompromised keys. While we believe this unique Verus technology actually provides for fully theft-proof workflows and protection of all assets on the network under the control of an ID, we will generally refer to the technology as "theft-resistant" and disclaim all guarantees of fitness for any particular purpose as part of the "experimental software" disclaimer.

In addition to use cases related to theft resistance and delayed lock opening, Verus Vault can be used to provide more standard forms of time-locking by simply time locking and unlocking in one operation, leaving the unlock period immediately counting down. This capability could be used to provide time locked funds to team members, children, employees, or structured in a way to provide time locked deal and payment terms. The uses for this technology are certainly beyond those that we have already thought of, and we look forward to seeing how people leverage this powerful new protocol capability.

Verus Desktop allows CLI commands for native coins. To run CLI for VRSCTEST, go to settings, coin settings, then select Verus Testnet (VRSCTEST) from the drop-down menu

• Time Lock:
  The timelock parameter defines the unlock height of the identity.

  run updateidentity '{"name": "ID@", "flags": 0, "timelock": <Unlock block height>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Time Delay:
  The timelock parameter defines how many blocks to delay an ID's unlock when the flags are set back to an unlocked state.

  run updateidentity '{"name": "ID@", "flags": 2, "timelock": <Unlock block delay>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Revoking an identity will clear its locked status, regardless of time delay or unlock height.
• A locked identity cannot revoke itself.

Conversion Queries

The getcurrencyconverters API retrieves all currencies that have at least 1000 VRSC in reserve, are greater than 10% VRSC reserve ratio, and have all listed currencies as reserves

• E.g. BTC ETH:

  run getcurrencyconverters btc eth
  

  Will return all currencies that have btc/eth markets at or above the liquidity threshold.

Sending and Converting Currency

Warning: All testnet coins/currencies have no value and will disappear whenever VRSCTEST is reset

The sendcurrency API can be used to send and convert funds.

• Sending VRSCTEST from a single address (bob@) to a single recipient (alice@):

  run sendcurrency "bob@" '[{"currency":"vrsctest","address":"alice@","amount":10}]' 
  ``...
  

v0.7.2-2

Verus v0.7.2-2 is a mandatory for pools and notaries, but not generally mandatory Verus node and wallet upgrade, with support for the new Verus testnet (VRSCTEST) with fully decentralized finance, advanced ID capabilities, and DeFi liquidity system integrated into the new network protocol. While most of the changes in this release are focused on testnet, the mainnet support does include some improvements and a fix for the getblocktemplate API used by pools

Testnet Reset

The testnet was deleted and relaunched on v0.7.2-2. Testnet is available to anyone who wants to try it and can be selected just like other coins in the wallet as symbol "VRSCTEST". IF YOU HAVE LAST LAUNCHED VRSCTEST FROM A VERSION PRIOR TO v0.7.2-2, PLEASE DELETE YOUR BLOCKCHAIN STATE BY FOLLOWING THE INSTRUCTIONS AT THE BOTTOM OF THE RELEASE NOTES BEFORE RUNNING THIS UPDATE

The New Verus DeFi Testnet

This is the most groundbreaking testnet the Verus project has ever announced, and we believe it holds the potential to improve and reshape the DeFi industry. There are truly so many new capabilities and blockchain firsts working now on testnet that it’s hard to adequately cover them all. Below is a list of new capabilities active on the v0.7.2 testnet that will be on mainnet in the near future when considered fully hardened, tested, and ready for worldwide, public scale. Until then, Verus testnet is a fully decentralized blockchain network with 50% proof of work, 50% proof of stake, worldwide availability, and is running all of the new Verus protocols that are being tested and hardened for mainnet. All currencies and assets on the Verus testnet have absolutely no value and may be reset at any time in the interest of testing for mainnet. If you would like a representative basket of Verus testnet currencies that you can use to try out all of the new protocols from anywhere in the world, simply visit the Verus Discord and ask in the #pbaas-development channel. You can use this link as an invite to the Verus Discord: https://discord.gg/gecZsCf

• DeFi and cross-currency liquidity integrated with blockchain processing, fees, VerusID, and Verus PoP, 51% hash-attack resistant consensus algorithm - This is a massive set of platform capabilities that take DeFi further than any project in crypto today. We will list it here and describe it below. Using it is simple. Understanding the implications of what such a protocol can do when rent free and integrated in a truly decentralized public blockchain is a process of realizations that is likely to be similar to layers of an onion. We will do our best to explain below.

• System-wide queries for fractional basket currencies for arbitrage, investment discovery, or conversion bargain hunting - The new RPC API, getcurrencyconverters (final name at mainnet, TBD), enables instant queries of any full node for all registered currencies above a fixed liquidity threshold that contain one or more reserve currencies. This new API enables wallets or applications to easily query the entire blockchain network of fractional currencies, determine which provides the best conversion rate at acceptable liquidity, and either convert at the best possible rates worldwide, or select only better-than-market rates and arbitrage to earn.

• Enhanced VerusIDs with Verus Vault technology - This capability extends the already groundbreaking VerusID revocable, recoverable, provable, friendly name blockchain addresses and identities to include an advanced time lock capability that does not prevent staking on locked funds, enabling easy implementation of things like vesting, trusts, protocols for theft-proofing funds, simplifying estate planning, and much more. With Verus Vault technology, your funds, identity, and estate planning can be done in a fully self-sovereign manner, with the peace of mind in knowing you are protected from lost or stolen private keys.

• Verus Fee Pooling technology A sustainable mining and staking fee and revenue model while strengthening, rather than creating risk of weakening blockchain security, by preserving immediate incentive to maximize per-block fees, while smoothing fee distribution to miners and stakers over time, fully addressing the legitimate concerns expressed and still not addressed by Vitalik Buterin with respect to ETH and ETH 2.0 (https://blog.ethereum.org/2016/07/27/inflation-transaction-fees-cryptocurrency-monetary-policy/). In the fee pooling model, which is an extremely powerful, yet simple solution to enabling a mining and staking economy, all fees are gathered from transactions in a block as usual, then the fees, also calculated as usual, are added to a common, persistent pool of collected fees, and the current block miner or staker takes up to 1% of the aggregate fee pool.

Verus Vault - Advanced Time Locking of Identities

On the new Verus testnet, we have introduced a capability we cal Verus Vault, which both provides options for a theft-resistant workflow of identity management, but also enables many use cases from trusts to vesting schedules, to escrow alternatives, estate planning and more. The concept is simple, but the ramifications when combined with the already unique revocation and recovery capabilities offered by VerusID on mainnet are immense.

The Verus Vault use case, which was originally described in the conception of the feature, is the ability to timelock an ID, which would prevent any spending of any funds controlled by that ID, while still allowing the ID and all its funds to be used for staking. If the timelock was set for one day when locked, the unlock operation itself will require a waiting period of one day, which can only be circumvented by a revocation followed by recovery operation. In practice, this means that even if someone compromises your private keys while an ID is locked, they cannot spend any of the funds (though they could stake them and delegate rewards to another address, which you could immediately see) unless they unlock the ID first and wait one day. If you notice that your ID has been unlocked by someone other than you, you can revoke and recover before any funds are lost at all. If you wanted to get extremely secure, to the point of covering a case where someone may steal your private keys without you knowing and then lay in wait until you unlock your identity, so they can pounce on your funds before you lock it again, you can actually modify the controlling private keys of an identity before unlocking it, which ensures that the unlocked funds become usable again under the control of freshly made, uncompromised keys. While we believe this unique Verus technology actually provides for fully theft-proof workflows and protection of all assets on the network under the control of an ID, we will generally refer to the technology as "theft-resistant" and disclaim all guarantees of fitness for any particular purpose as part of the "experimental software" disclaimer.

In addition to use cases related to theft resistance and delayed lock opening, Verus Vault can be used to provide more standard forms of time-locking by simply time locking and unlocking in one operation, leaving the unlock period immediately counting down. This capability could be used to provide time locked funds to team members, children, employees, or structured in a way to provide time locked deal and payment terms. The uses for this technology are certainly beyond those that we have already thought of, and we look forward to seeing how people leverage this powerful new protocol capability.

Verus Desktop allows CLI commands for native coins. To run CLI for VRSCTEST, go to settings, coin settings, then select Verus Testnet (VRSCTEST) from the drop-down menu

• Time Lock:
  The timelock parameter defines the unlock height of the identity.

  run updateidentity '{"name": "ID@", "flags": 0, "timelock": <Unlock block height>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Time Delay:
  The timelock parameter defines how many blocks to delay an ID's unlock when the flags are set back to an unlocked state.

  run updateidentity '{"name": "ID@", "flags": 2, "timelock": <Unlock block delay>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Revoking an identity will clear its locked status, regardless of time delay or unlock height.
• A locked identity cannot revoke itself.

Conversion Queries

The getcurrencyconverters API retrieves all currencies that have at least 1000 VRSC in reserve, are greater than 10% VRSC reserve ratio, and have all listed currencies as reserves

• E.g. BTC ETH:

  run getcurrencyconverters btc eth
  

  Will return all currencies that have btc/eth markets at or above the liquidity threshold.

Sending and Converting Currency

Warning: All testnet coins/currencies have no value and will disappear whenever VRSCTEST is reset

The sendcurrency API can be used to send and convert funds.

• Sending VRSCTEST from a single address (bob@) to a single recipient (alice@):

  run sendcurrency "bob@" '[{"currency":"vrsctest","address":"alice@","amount":10}]' 
  

• Sending VRSCTEST from all wallet funds to two recipients (alice@ and bob@):

  run sendcurrency "*" '[{"currency":"vrsctest","address":"alice@","amount":10},{"currency":"VRSCTEST","address":"bob@","amount":10}]' 
  

• Converting VRSCTEST to a fractional basket currency, VRSC-BTC:

  run sendcurrency "*" '[{"address":"bob@","amount":10, "convertto":"VRSC-BTC"}]' 
  

• Converting VRSCTEST to another reserve, BTC through a fractional currency, VRSC-BTC:

  run sendcurrency "*" '[{"address":"bob@","amount":10, "convertto":"BTC","via":"VRSC-BTC"}]' 
  

• Preconverting to new currency, NEWCOIN, before it is active:

  run sendcurrency...
  

v0.7.2-1

This update is required to continue participating on the testnet launched in v0.7.2

Verus v0.7.2-1 is a non-mandatory but highly recommended Verus node and wallet upgrade, with fully decentralized finance and liquidity system activated on the new Verus testnet. While most of the new capabilities in this release are focused on testnet, the mainnet support does include some performance improvements and also fixes an issue that may occur in an edge case of revocation and recovery of IDs, which can result in a revoked ID being irrecoverable from an earlier version than v0.7.2.

Testnet Reset

The testnet was deleted and relaunched on v0.7.2-1. Testnet is available to anyone who wants to try it and can be selected just like other coins in the wallet as symbol "VRSCTEST". IF YOU HAVE LAST LAUNCHED VRSCTEST FROM A VERSION PRIOR TO v0.7.2, PLEASE DELETE YOUR BLOCKCHAIN STATE BY FOLLOWING THE INSTRUCTIONS AT THE BOTTOM OF THE RELEASE NOTES BEFORE RUNNING THIS UPDATE

The New Verus DeFi Testnet

This is the most groundbreaking testnet the Verus project has ever announced, and we believe it holds the potential to improve and reshape the DeFi industry. There are truly so many new capabilities and blockchain firsts working now on testnet that it’s hard to adequately cover them all. Below is a list of new capabilities active on the v0.7.2 testnet that will be on mainnet in the near future when considered fully hardened, tested, and ready for worldwide, public scale. Until then, Verus testnet is a fully decentralized blockchain network with 50% proof of work, 50% proof of stake, worldwide availability, and is running all of the new Verus protocols that are being tested and hardened for mainnet. All currencies and assets on the Verus testnet have absolutely no value and may be reset at any time in the interest of testing for mainnet. If you would like a representative basket of Verus testnet currencies that you can use to try out all of the new protocols from anywhere in the world, simply visit the Verus Discord and ask in the #pbaas-development channel. You can use this link as an invite to the Verus Discord: https://discord.gg/gecZsCf

• DeFi and cross-currency liquidity integrated with blockchain processing, fees, VerusID, and Verus PoP, 51% hash-attack resistant consensus algorithm - This is a massive set of platform capabilities that take DeFi further than any project in crypto today. We will list it here and describe it below. Using it is simple. Understanding the implications of what such a protocol can do when rent free and integrated in a truly decentralized public blockchain is a process of realizations that is likely to be similar to layers of an onion. We will do our best to explain below.

• System-wide queries for fractional basket currencies for arbitrage, investment discovery, or conversion bargain hunting - The new RPC API, getcurrencyconverters (final name at mainnet, TBD), enables instant queries of any full node for all registered currencies above a fixed liquidity threshold that contain one or more reserve currencies. This new API enables wallets or applications to easily query the entire blockchain network of fractional currencies, determine which provides the best conversion rate at acceptable liquidity, and either convert at the best possible rates worldwide, or select only better-than-market rates and arbitrage to earn.

• Enhanced VerusIDs with Verus Vault technology - This capability extends the already groundbreaking VerusID revocable, recoverable, provable, friendly name blockchain addresses and identities to include an advanced time lock capability that does not prevent staking on locked funds, enabling easy implementation of things like vesting, trusts, protocols for theft-proofing funds, simplifying estate planning, and much more. With Verus Vault technology, your funds, identity, and estate planning can be done in a fully self-sovereign manner, with the peace of mind in knowing you are protected from lost or stolen private keys.

• Verus Fee Pooling technology A sustainable mining and staking fee and revenue model while strengthening, rather than creating risk of weakening blockchain security, by preserving immediate incentive to maximize per-block fees, while smoothing fee distribution to miners and stakers over time, fully addressing the legitimate concerns expressed and still not addressed by Vitalik Buterin with respect to ETH and ETH 2.0 (https://blog.ethereum.org/2016/07/27/inflation-transaction-fees-cryptocurrency-monetary-policy/). In the fee pooling model, which is an extremely powerful, yet simple solution to enabling a mining and staking economy, all fees are gathered from transactions in a block as usual, then the fees, also calculated as usual, are added to a common, persistent pool of collected fees, and the current block miner or staker takes up to 1% of the aggregate fee pool.

Verus Vault - Advanced Time Locking of Identities

On the new Verus testnet, we have introduced a capability we cal Verus Vault, which both provides options for a theft-resistant workflow of identity management, but also enables many use cases from trusts to vesting schedules, to escrow alternatives, estate planning and more. The concept is simple, but the ramifications when combined with the already unique revocation and recovery capabilities offered by VerusID on mainnet are immense.

The Verus Vault use case, which was originally described in the conception of the feature, is the ability to timelock an ID, which would prevent any spending of any funds controlled by that ID, while still allowing the ID and all its funds to be used for staking. If the timelock was set for one day when locked, the unlock operation itself will require a waiting period of one day, which can only be circumvented by a revocation followed by recovery operation. In practice, this means that even if someone compromises your private keys while an ID is locked, they cannot spend any of the funds (though they could stake them and delegate rewards to another address, which you could immediately see) unless they unlock the ID first and wait one day. If you notice that your ID has been unlocked by someone other than you, you can revoke and recover before any funds are lost at all. If you wanted to get extremely secure, to the point of covering a case where someone may steal your private keys without you knowing and then lay in wait until you unlock your identity, so they can pounce on your funds before you lock it again, you can actually modify the controlling private keys of an identity before unlocking it, which ensures that the unlocked funds become usable again under the control of freshly made, uncompromised keys. While we believe this unique Verus technology actually provides for fully theft-proof workflows and protection of all assets on the network under the control of an ID, we will generally refer to the technology as "theft-resistant" and disclaim all guarantees of fitness for any particular purpose as part of the "experimental software" disclaimer.

In addition to use cases related to theft resistance and delayed lock opening, Verus Vault can be used to provide more standard forms of time-locking by simply time locking and unlocking in one operation, leaving the unlock period immediately counting down. This capability could be used to provide time locked funds to team members, children, employees, or structured in a way to provide time locked deal and payment terms. The uses for this technology are certainly beyond those that we have already thought of, and we look forward to seeing how people leverage this powerful new protocol capability.

Verus Desktop allows CLI commands for native coins. To run CLI for VRSCTEST, go to settings, coin settings, then select Verus Testnet (VRSCTEST) from the drop-down menu

• Time Lock:
  The timelock parameter defines the unlock height of the identity.

  run updateidentity '{"name": "ID@", "flags": 0, "timelock": <Unlock block height>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Time Delay:
  The timelock parameter defines how many blocks to delay an ID's unlock when the flags are set back to an unlocked state.

  run updateidentity '{"name": "ID@", "flags": 2, "timelock": <Unlock block delay>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Revoking an identity will clear its locked status, regardless of time delay or unlock height.
• A locked identity cannot revoke itself.

Conversion Queries

The getcurrencyconverters API retrieves all currencies that have at least 1000 VRSC in reserve, are greater than 10% VRSC reserve ratio, and have all listed currencies as reserves

• E.g. BTC ETH:

  run getcurrencyconverters btc eth
  

  Will return all currencies that have btc/eth markets at or above the liquidity threshold.

Sending and Converting Currency

Warning: All testnet coins/currencies have no value and will disappear whenever VRSCTEST is reset

The sendcurrency API can be used to send and convert funds.

• Sending VRSCTEST from a single address (bob@) to a single recipient (alice@):

  run sendcurrency "bob@" '[{"currency":"vrsctest","address":"alice@","amount":10}]' 
  

• Sending VRSCTEST from all wallet funds to two recipients (alice@ and bob@):

  run sendcurrency "*" '[{"currency":"vrsctest","address":"alice@","amount":10},{"currency":"VRSCTEST","address":"bob@","amount":10}]' 
  

• Converting VRSCTEST to a fractional basket currency, VRSC-BTC:

  run sendcurrency "*" '[{"address":"bob@","amount":10, "convertto":"VRSC-BTC"}]' 
  

• Converting VRSCTEST to another reserve, BTC through a fractional currency, VRSC-BTC:

  run sendcurrency "*" '[{"address":"bob@","amount":10, "convertto":"BTC","via":...
  

Verus v0.7.2 with Verus DeFi Platform and Theft-resistant VerusIDs on Testnet

We are excited to announce Verus v0.7.2, non-mandatory but highly recommended Verus node and wallet upgrade, with fully decentralized finance and liquidity system activated on the new Verus testnet. While most of the new capabilities in this release are focused on testnet, the mainnet support does include some performance improvements and also fixes an issue that may occur in an edge case of revocation and recovery of IDs, which can result in a revoked ID being irrecoverable from an earlier version than v0.7.2.

Testnet Reset

The testnet was deleted and relaunched on this release. Testnet is available to anyone who wants to try it and can be selected just like other coins in the wallet as symbol "VRSCTEST". IF YOU HAVE LAST LAUNCHED VRSCTEST FROM A VERSION PRIOR TO THIS, PLEASE DELETE YOUR BLOCKCHAIN STATE BY FOLLOWING THE INSTRUCTIONS AT THE BOTTOM OF THE RELEASE NOTES BEFORE RUNNING THIS UPDATE

The New Verus DeFi Testnet

This is the most groundbreaking testnet the Verus project has ever announced, and we believe it holds the potential to improve and reshape the DeFi industry. There are truly so many new capabilities and blockchain firsts working now on testnet that it’s hard to adequately cover them all. Below is a list of new capabilities active on the v0.7.2 testnet that will be on mainnet in the near future when considered fully hardened, tested, and ready for worldwide, public scale. Until then, Verus testnet is a fully decentralized blockchain network with 50% proof of work, 50% proof of stake, worldwide availability, and is running all of the new Verus protocols that are being tested and hardened for mainnet. All currencies and assets on the Verus testnet have absolutely no value and may be reset at any time in the interest of testing for mainnet. If you would like a representative basket of Verus testnet currencies that you can use to try out all of the new protocols from anywhere in the world, simply visit the Verus Discord and ask in the #pbaas-development channel. You can use this link as an invite to the Verus Discord: https://discord.gg/gecZsCf

• DeFi and cross-currency liquidity integrated with blockchain processing, fees, VerusID, and Verus PoP, 51% hash-attack resistant consensus algorithm - This is a massive set of platform capabilities that take DeFi further than any project in crypto today. We will list it here and describe it below. Using it is simple. Understanding the implications of what such a protocol can do when rent free and integrated in a truly decentralized public blockchain is a process of realizations that is likely to be similar to layers of an onion. We will do our best to explain below.

• System-wide queries for fractional basket currencies for arbitrage, investment discovery, or conversion bargain hunting - The new RPC API, getcurrencyconverters (final name at mainnet, TBD), enables instant queries of any full node for all registered currencies above a fixed liquidity threshold that contain one or more reserve currencies. This new API enables wallets or applications to easily query the entire blockchain network of fractional currencies, determine which provides the best conversion rate at acceptable liquidity, and either convert at the best possible rates worldwide, or select only better-than-market rates and arbitrage to earn.

• Enhanced VerusIDs with Verus Vault technology - This capability extends the already groundbreaking VerusID revocable, recoverable, provable, friendly name blockchain addresses and identities to include an advanced time lock capability that does not prevent staking on locked funds, enabling easy implementation of things like vesting, trusts, protocols for theft-proofing funds, simplifying estate planning, and much more. With Verus Vault technology, your funds, identity, and estate planning can be done in a fully self-sovereign manner, with the peace of mind in knowing you are protected from lost or stolen private keys.

• Verus Fee Pooling technology A sustainable mining and staking fee and revenue model while strengthening, rather than creating risk of weakening blockchain security, by preserving immediate incentive to maximize per-block fees, while smoothing fee distribution to miners and stakers over time, fully addressing the legitimate concerns expressed and still not addressed by Vitalik Buterin with respect to ETH and ETH 2.0 (https://blog.ethereum.org/2016/07/27/inflation-transaction-fees-cryptocurrency-monetary-policy/). In the fee pooling model, which is an extremely powerful, yet simple solution to enabling a mining and staking economy, all fees are gathered from transactions in a block as usual, then the fees, also calculated as usual, are added to a common, persistent pool of collected fees, and the current block miner or staker takes up to 1% of the aggregate fee pool.

Verus Vault - Advanced Time Locking of Identities

On the new Verus testnet, we have introduced a capability we cal Verus Vault, which both provides options for a theft-resistant workflow of identity management, but also enables many use cases from trusts to vesting schedules, to escrow alternatives, estate planning and more. The concept is simple, but the ramifications when combined with the already unique revocation and recovery capabilities offered by VerusID on mainnet are immense.

The Verus Vault use case, which was originally described in the conception of the feature, is the ability to timelock an ID, which would prevent any spending of any funds controlled by that ID, while still allowing the ID and all its funds to be used for staking. If the timelock was set for one day when locked, the unlock operation itself will require a waiting period of one day, which can only be circumvented by a revocation followed by recovery operation. In practice, this means that even if someone compromises your private keys while an ID is locked, they cannot spend any of the funds (though they could stake them and delegate rewards to another address, which you could immediately see) unless they unlock the ID first and wait one day. If you notice that your ID has been unlocked by someone other than you, you can revoke and recover before any funds are lost at all. If you wanted to get extremely secure, to the point of covering a case where someone may steal your private keys without you knowing and then lay in wait until you unlock your identity, so they can pounce on your funds before you lock it again, you can actually modify the controlling private keys of an identity before unlocking it, which ensures that the unlocked funds become usable again under the control of freshly made, uncompromised keys. While we believe this unique Verus technology actually provides for fully theft-proof workflows and protection of all assets on the network under the control of an ID, we will generally refer to the technology as "theft-resistant" and disclaim all guarantees of fitness for any particular purpose as part of the "experimental software" disclaimer.

In addition to use cases related to theft resistance and delayed lock opening, Verus Vault can be used to provide more standard forms of time-locking by simply time locking and unlocking in one operation, leaving the unlock period immediately counting down. This capability could be used to provide time locked funds to team members, children, employees, or structured in a way to provide time locked deal and payment terms. The uses for this technology are certainly beyond those that we have already thought of, and we look forward to seeing how people leverage this powerful new protocol capability.

Verus Desktop allows CLI commands for native coins. To run CLI for VRSCTEST, go to settings, coin settings, then select Verus Testnet (VRSCTEST) from the drop-down menu

• Time Lock:
  The timelock parameter defines the unlock height of the identity.

  run updateidentity '{"name": "ID@", "flags": 0, "timelock": <Unlock block height>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Time Delay:
  The timelock parameter defines how many blocks to delay an ID's unlock when the flags are set back to an unlocked state.

  run updateidentity '{"name": "ID@", "flags": 2, "timelock": <Unlock block delay>, "minimumsignatures": 1, "primaryaddresses": ["t-address"]}'
  

• Revoking an identity will clear its locked status, regardless of time delay or unlock height.
• A locked identity cannot revoke itself.

Conversion Queries

The getcurrencyconverters API retrieves all currencies that have at least 1000 VRSC in reserve, are greater than 10% VRSC reserve ratio, and have all listed currencies as reserves

• E.g. BTC ETH:

  run getcurrencyconverters btc eth
  

  Will return all currencies that have btc/eth markets at or above the liquidity threshold.

Sending and Converting Currency

Warning: All testnet coins/currencies have no value and will disappear whenever VRSCTEST is reset

The sendcurrency API can be used to send and convert funds.

• Sending VRSCTEST from a single address (bob@) to a single recipient (alice@):

  run sendcurrency "bob@" '[{"currency":"vrsctest","address":"alice@","amount":10}]' 
  

• Sending VRSCTEST from all wallet funds to two recipients (alice@ and bob@):

  run sendcurrency "*" '[{"currency":"vrsctest","address":"alice@","amount":10},{"currency":"VRSCTEST","address":"bob@","amount":10}]' 
  

• Converting VRSCTEST to a fractional basket currency, VRSC-BTC:

  run sendcurrency "*" '[{"address":"bob@","amount":10, "convertto":"VRSC-BTC"}]' 
  

• Converting VRSCTEST to another reserve, BTC through a fractional currency, VRSC-BTC:

  run sendcurrency "*" '[{"address":"bob@","amount":10, "convertto":"BTC","via","VRSC-BTC"}]' 
  

• **Preconverting to new currency, NEWCOIN,...

v0.7.1-5

New in v0.7.1-5

• This non-mandatory release is compatible with mainnet with minimal changes from v0.7.1-1. It contains fixes necessary to continue participating in the testnet launched in v0.7.1-1, without reset of your wallet or holdings, if you started using the VRSCTEST multi-currency testnet in v0.7.1-1 or later. You should be able to synchronize easily, but if you are unable to synchronize VRSCTEST shortly after connecting, try deleting the data in your VRSCTEST folder, and retain the wallet.dat file.
• Added ability to load coin from file using Verus-Coin-Importer
• Updated Zcash daemon to v3.1.0

Verus Testnet with Multi-currency Fractional Reserves and Currency Launch Protocol

Verus multi-currency fractional reserve baskets are UTXO-based, fractional reserve currencies with anti-front running, simultaneously solved, provably fair liquidity system for all currencies and tokens in or imported into the PBaaS system.

While Verus daemon v0.7.1-4 has no improvements for mainnet operation, it offers full support for the new Verus Testnet multi-currency technology preview. On testnet, the new "sendcurrency" API, which is already available on Verus mainnet in its simplified form, is enhanced with new multi-currency parameters. The first parameter, "currency":"currencyname" - where the default on testnet for currency name is "vrsctest", specifies the source currency of the send. The next, "convertto":"currencyname", allows conversion from one currency to either a fractional currency where it is a reserve or a reserve of the fractional currency of the source.

An end to front running

Conversion will always be at the same rate as all conversions processed in one group of transactions. There is also no spread between the conversion to and from a currency. All transactions in a aggregation of import blocks, which will be detailed in later documentation, are simultaneously solved in all currency conversion directions and all converted at the same rate, all getting the same price in each direction as any person who may be exchanging in the other.

There is a fee, 0.025% for conversions, 100% of which goes to miners and stakers. While it is not yet implemented, we also intend to add an implied volatility fee, which will be charged variably on imbalanced blocks of transactions, making blocks that change the price of a currency significantly pay more of an implied volatility fee, and ensuring that relatively volatile currency baskets offset any potential impermanent loss to liquidity providers risk with earnings from implied volatility fees. At the same time, currency baskets that are less volatile relative to the constituent currencies will typically have lower implied volatility fees and lower earnings for liquidity providers to offset a lower risk of impermanent loss.

The Best Way to Launch a Currency

Currency launches with Kickstarter-like minimums to activate or, if not met, automatically refund, dynamic currency launch pricing, based on participation, pre-launch participation price discounts, pre-conversion reserve currency carveouts, and price-neutral launch pre-allocations, all specified in easy to understand commands and parameters, no programming necessary!

Currencies can be launched to accept a range of other currencies and with or without fractional reserve capabilities. Verus import/export protocol was designed to make integration with other block chains provable and easy, and there are already external bridges in progress that expect to enable automatic send/receive of any Verus network token between Verus and ETH/ERC20 tokens, where currencies can be sent between Verus and ETH, expressed as Verus currencies on the Verus network, and exposed automatically on ETH as an ERC20 token.

While this 0.7.1 testnet enables on-chain token currency definition, the same advances will soon be available on the Verus merge mining and multi-chain technology which was running on testnet last year. When enabled, this will make it possible for Verus network chains to operate fully independently, yet be dynamically merge mineable along with Verus and up to 20 other Verus network blockchains on a single hash, earning rewards and powering all chains simultaneously. All network blockchains will provide the same fractional currency capabilities, both for on-chain tokens as well as native zk-SNARK supporting currencies as well.

Testnet Reset

The testnet was deleted and relaunched on this release. IF YOU HAVE LAST LAUNCHED VRSCTEST FROM A VERSION PRIOR TO THIS, PLEASE DELETE THE FOLLOWING DIRECTORIES BEFORE RUNNING THIS NEW UPDATE:
Linux:

~/.komodo/VRSCTEST
~/.verustest

MacOS

 ⁨Users⁩/⁨{YourUserName}/⁨Library⁩/⁨Application Support⁩/⁨Komodo/VRSCTEST
 ⁨Users⁩/⁨{YourUserName}/⁨Library⁩/⁨Application Support⁩⁨/VerusTest

Windows

"%APPDATA%"\Komodo\VRSCTEST
"%APPDATA%"\VerusTest

Launching the testnet:

./verusd -chain=VRSCTEST

Disclaimer

This is experimental and unfinished software. Use at your own risk! No warranty for any kind of damage!
Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The enclosed copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

MacOS:
https://www.virustotal.com/#/file/1a77bbb14487787666fe0a05d2fd9f7dbdd4dcc141d8885028687a66a3eac555/detection
Linux-AMD64: https://www.virustotal.com/#/file/da5dc99d1ea232723868624e4e71c0144120a98ea77217cc3ef670b4d73958f4/detection
Linux-ARM64: https://www.virustotal.com/#/file/33a3e84665b44cf5ffff58ca03790ef4d8a2f27d6f412edfdc40c65101475c80/detection
Windows:
https://www.virustotal.com/#/file/1df20165fe08d5fd6480c255334b1191cc688def4e60df837b19ebc151203e39/detection

Avast and Kaspersky may flag the software as "not-a-virus" or "PUP". These are warnings that you are installing mining software, which may be installed by a third party to exploit your PC.
To find out more about the false positives, review the following resources:
https://blog.malwarebytes.com/detections/pup-optional-bitcoinminer/
https://www.kaspersky.com/blog/not-a-virus/18015/

Verifying Downloads

A txt file containing the signer, standard sha256 file checksum, and signature, is included for each download. These packages have been signed with the identity "Verus Coin Foundation Releases@".

1. Extract downloaded archive
2. Verify signature for the extracted app or installer using the extracted textfile.
3. Run installer or place appimage in desired directory

v0.7.1-4

New in v0.7.1-4

• This non-mandatory release is compatible with mainnet with minimal changes from v0.7.1-1. It contains fixes necessary to continue participating in the testnet launched in v0.7.1-1, without reset of your wallet or holdings, if you started using the VRSCTEST multi-currency testnet in v0.7.1-1 or later. You should be able to synchronize easily, but if you are unable to synchronize VRSCTEST shortly after connecting, try deleting the data in your VRSCTEST folder, and retain the wallet.dat file.

Verus Testnet with Multi-currency Fractional Reserves and Currency Launch Protocol

Verus multi-currency fractional reserve baskets are UTXO-based, fractional reserve currencies with anti-front running, simultaneously solved, provably fair liquidity system for all currencies and tokens in or imported into the PBaaS system.

While Verus daemon v0.7.1-4 has no improvements for mainnet operation, it offers full support for the new Verus Testnet multi-currency technology preview. On testnet, the new "sendcurrency" API, which is already available on Verus mainnet in its simplified form, is enhanced with new multi-currency parameters. The first parameter, "currency":"currencyname" - where the default on testnet for currency name is "vrsctest", specifies the source currency of the send. The next, "convertto":"currencyname", allows conversion from one currency to either a fractional currency where it is a reserve or a reserve of the fractional currency of the source.

An end to front running

Conversion will always be at the same rate as all conversions processed in one group of transactions. There is also no spread between the conversion to and from a currency. All transactions in a aggregation of import blocks, which will be detailed in later documentation, are simultaneously solved in all currency conversion directions and all converted at the same rate, all getting the same price in each direction as any person who may be exchanging in the other.

There is a fee, 0.025% for conversions, 100% of which goes to miners and stakers. While it is not yet implemented, we also intend to add an implied volatility fee, which will be charged variably on imbalanced blocks of transactions, making blocks that change the price of a currency significantly pay more of an implied volatility fee, and ensuring that relatively volatile currency baskets offset any potential impermanent loss to liquidity providers risk with earnings from implied volatility fees. At the same time, currency baskets that are less volatile relative to the constituent currencies will typically have lower implied volatility fees and lower earnings for liquidity providers to offset a lower risk of impermanent loss.

The Best Way to Launch a Currency

Currency launches with Kickstarter-like minimums to activate or, if not met, automatically refund, dynamic currency launch pricing, based on participation, pre-launch participation price discounts, pre-conversion reserve currency carveouts, and price-neutral launch pre-allocations, all specified in easy to understand commands and parameters, no programming necessary!

Currencies can be launched to accept a range of other currencies and with or without fractional reserve capabilities. Verus import/export protocol was designed to make integration with other block chains provable and easy, and there are already external bridges in progress that expect to enable automatic send/receive of any Verus network token between Verus and ETH/ERC20 tokens, where currencies can be sent between Verus and ETH, expressed as Verus currencies on the Verus network, and exposed automatically on ETH as an ERC20 token.

While this 0.7.1 testnet enables on-chain token currency definition, the same advances will soon be available on the Verus merge mining and multi-chain technology which was running on testnet last year. When enabled, this will make it possible for Verus network chains to operate fully independently, yet be dynamically merge mineable along with Verus and up to 20 other Verus network blockchains on a single hash, earning rewards and powering all chains simultaneously. All network blockchains will provide the same fractional currency capabilities, both for on-chain tokens as well as native zk-SNARK supporting currencies as well.

Testnet Reset

The testnet was deleted and relaunched on this release. IF YOU HAVE LAST LAUNCHED VRSCTEST FROM A VERSION PRIOR TO THIS, PLEASE DELETE THE FOLLOWING DIRECTORIES BEFORE RUNNING THIS NEW UPDATE:
Linux:

~/.komodo/VRSCTEST
~/.verustest

MacOS

 ⁨Users⁩/⁨{YourUserName}/⁨Library⁩/⁨Application Support⁩/⁨Komodo/VRSCTEST
 ⁨Users⁩/⁨{YourUserName}/⁨Library⁩/⁨Application Support⁩⁨/VerusTest

Windows

"%APPDATA%"\Komodo\VRSCTEST
"%APPDATA%"\VerusTest

Launching the testnet:

./verusd -chain=VRSCTEST

Disclaimer

This is experimental and unfinished software. Use at your own risk! No warranty for any kind of damage!
Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The enclosed copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

MacOS:
https://www.virustotal.com/#/file/da6293c333e92952ba87de6f7bf028a1239419fdb2708dc405863e1e6a73a368/detection
Linux-AMD64: https://www.virustotal.com/#/file/01972bf6f7e81929876e57914d8b7140ba89b930dbdcea35c107ec14f3a91548/detection
Linux-ARM64: https://www.virustotal.com/#/file/5f90f646e18d87eb543933d3935f9cb4280c4050cde10065d5530b52e878676f/detection
Windows:
https://www.virustotal.com/#/file/f02c4edae176816d7fd5f85afa56f0b170b6088338695edc00027272c34a78bd/detection

Avast and Kaspersky may flag the software as "not-a-virus" or "PUP". These are warnings that you are installing mining software, which may be installed by a third party to exploit your PC.
To find out more about the false positives, review the following resources:
https://blog.malwarebytes.com/detections/pup-optional-bitcoinminer/
https://www.kaspersky.com/blog/not-a-virus/18015/

Verifying Downloads

A txt file containing the signer, standard sha256 file checksum, and signature, is included for each download. These packages have been signed with the identity "Verus Coin Foundation Releases@".

1. Extract downloaded archive
2. Verify signature for the extracted app or installer using the extracted textfile.
3. Run installer or place appimage in desired directory

v0.7.1-3

New in v0.7.1-3

• This non-mandatory release is compatible with mainnet with mininal changes from v0.7.1-1. It contains fixes necessary to continue participating in the testnet launched in v0.7.1-1 and 0.7.1-2, without reset of your wallet or holdings, if you started using the VRSCTEST multi-currency testnet in v0.7.1-1 or "-2". You should be able to synchronize easily, but if you are unable to synchronize VRSCTEST shortly after connecting, try deleting the data in your VRSCTEST folder, and retain the wallet.dat file.
• Improved staking supply calculation
• Added ability to export ETH private keys.

Verus Testnet with Multi-currency Fractional Reserves and Currency Launch Protocol

Verus multi-currency fractional reserve baskets are UTXO-based, fractional reserve currencies with anti-front running, simultaneously solved, provably fair liquidity system for all currencies and tokens in or imported into the PBaaS system.

While Verus daemon v0.7.1-3 has minor improvements for mainnet operation, it offers full support for the new Verus Testnet multi-currency technology preview. On testnet, the new "sendcurrency" API, which is already available on Verus mainnet in its simplified form, is enhanced with new multi-currency parameters. The first parameter, "currency":"currencyname" - where the default on testnet for currency name is "vrsctest", specifies the source currency of the send. The next, "convertto":"currencyname", allows conversion from one currency to either a fractional currency where it is a reserve or a reserve of the fractional currency of the source.

An end to front running

Conversion will always be at the same rate as all conversions processed in one group of transactions. There is also no spread between the conversion to and from a currency. All transactions in a aggregation of import blocks, which will be detailed in later documentation, are simultaneously solved in all currency conversion directions and all converted at the same rate, all getting the same price in each direction as any person who may be exchanging in the other.

There is a fee, 0.025% for conversions, 100% of which goes to miners and stakers. While it is not yet implemented, we also intend to add an implied volatility fee, which will be charged variably on imbalanced blocks of transactions, making blocks that change the price of a currency significantly pay more of an implied volatility fee, and ensuring that relatively volatile currency baskets offset any potential impermanent loss to liquidity providers risk with earnings from implied volatility fees. At the same time, currency baskets that are less volatile relative to the constituent currencies will typically have lower implied volatility fees and lower earnings for liquidity providers to offset a lower risk of impermanent loss.

The Best Way to Launch a Currency

Currency launches with Kickstarter-like minimums to activate or, if not met, automatically refund, dynamic currency launch pricing, based on participation, pre-launch participation price discounts, pre-conversion reserve currency carveouts, and price-neutral launch pre-allocations, all specified in easy to understand commands and parameters, no programming necessary!

Currencies can be launched to accept a range of other currencies and with or without fractional reserve capabilities. Verus import/export protocol was designed to make integration with other block chains provable and easy, and there are already external bridges in progress that expect to enable automatic send/receive of any Verus network token between Verus and ETH/ERC20 tokens, where currencies can be sent between Verus and ETH, expressed as Verus currencies on the Verus network, and exposed automatically on ETH as an ERC20 token.

While this 0.7.1 testnet enables on-chain token currency definition, the same advances will soon be available on the Verus merge mining and multi-chain technology which was running on testnet last year. When enabled, this will make it possible for Verus network chains to operate fully independently, yet be dynamically merge mineable along with Verus and up to 20 other Verus network blockchains on a single hash, earning rewards and powering all chains simultaneously. All network blockchains will provide the same fractional currency capabilities, both for on-chain tokens as well as native zk-SNARK supporting currencies as well.

Testnet Reset

The testnet was deleted and relaunched on this release. IF YOU HAVE LAST LAUNCHED VRSCTEST FROM A VERSION PRIOR TO THIS, PLEASE DELETE THE FOLLOWING DIRECTORIES BEFORE RUNNING THIS NEW UPDATE:
Linux:

~/.komodo/VRSCTEST
~/.verustest

MacOS

 ⁨Users⁩/⁨{YourUserName}/⁨Library⁩/⁨Application Support⁩/⁨Komodo/VRSCTEST
 ⁨Users⁩/⁨{YourUserName}/⁨Library⁩/⁨Application Support⁩⁨/VerusTest

Windows

"%APPDATA%"\Komodo\VRSCTEST
"%APPDATA%"\VerusTest

Launching the testnet:

./verusd -chain=VRSCTEST

Disclaimer

This is experimental and unfinished software. Use at your own risk! No warranty for any kind of damage!
Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The enclosed copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

MacOS:
https://www.virustotal.com/#/file/e7fe22d6ab6ff28c9d2fb0221058c8fd62941e3cb767ac8adbd05e98f28692dc/detection
Linux-AMD64: https://www.virustotal.com/#/file/e71942c7338de6c0bee6463f07ffa766015923496ed43cc4e7cff6ea7410df4c/detection
Linux-ARM64: https://www.virustotal.com/#/file/0678d9d902f6873d3576b978fcc4f2a390de8d615e24dfe09536b8780e5848e9/detection
Windows:
https://www.virustotal.com/#/file/4420e56da8d04287d8967292481454aca06330fd12b73eb25c3368fc70f4b4c1/detection

Avast and Kaspersky may flag the software as "not-a-virus" or "PUP". These are warnings that you are installing mining software, which may be installed by a third party to exploit your PC.
To find out more about the false positives, review the following resources:
https://blog.malwarebytes.com/detections/pup-optional-bitcoinminer/
https://www.kaspersky.com/blog/not-a-virus/18015/

Verifying Downloads

A txt file containing the signer, standard sha256 file checksum, and signature, is included for each download. These packages have been signed with the identity "Verus Coin Foundation Releases@".

1. Extract downloaded archive
2. Verify signature for the extracted app or installer using the extracted textfile.
3. Run installer or place appimage in desired directory

v0.7.1-2

New in v0.7.1-2

• This non-mandatory release is compatible with mainnet with no changes from v0.7.1-1. It contains fixes necessary to continue participating in the testnet launched in v0.7.1-1, without reset of your wallet or holdings, if you started using the VRSCTEST multi-currency testnet in v0.7.1-1. You should be able to synchronize easily, but if you are unable to synchronize VRSCTEST shortly after connecting, try deleting the data in your VRSCTEST folder, and retain the wallet.dat file.

Verus Testnet with Multi-currency Fractional Reserves and Currency Launch Protocol

Verus multi-currency fractional reserve baskets are UTXO-based, fractional reserve currencies with anti-front running, simultaneously solved, provably fair liquidity system for all currencies and tokens in or imported into the PBaaS system.

While Verus daemon v0.7.1-2 has minor improvements for mainnet operation, it offers full support for the new Verus Testnet multi-currency technology preview. On testnet, the new "sendcurrency" API, which is already available on Verus mainnet in its simplified form, is enhanced with new multi-currency parameters. The first parameter, "currency":"currencyname" - where the default on testnet for currency name is "vrsctest", specifies the source currency of the send. The next, "convertto":"currencyname", allows conversion from one currency to either a fractional currency where it is a reserve or a reserve of the fractional currency of the source.

An end to front running

Conversion will always be at the same rate as all conversions processed in one group of transactions. There is also no spread between the conversion to and from a currency. All transactions in a aggregation of import blocks, which will be detailed in later documentation, are simultaneously solved in all currency conversion directions and all converted at the same rate, all getting the same price in each direction as any person who may be exchanging in the other.

There is a fee, 0.025% for conversions, 100% of which goes to miners and stakers. While it is not yet implemented, we also intend to add an implied volatility fee, which will be charged variably on imbalanced blocks of transactions, making blocks that change the price of a currency significantly pay more of an implied volatility fee, and ensuring that relatively volatile currency baskets offset any potential impermanent loss to liquidity providers risk with earnings from implied volatility fees. At the same time, currency baskets that are less volatile relative to the constituent currencies will typically have lower implied volatility fees and lower earnings for liquidity providers to offset a lower risk of impermanent loss.

The Best Way to Launch a Currency

Currency launches with Kickstarter-like minimums to activate or, if not met, automatically refund, dynamic currency launch pricing, based on participation, pre-launch participation price discounts, pre-conversion reserve currency carveouts, and price-neutral launch pre-allocations, all specified in easy to understand commands and parameters, no programming necessary!

Currencies can be launched to accept a range of other currencies and with or without fractional reserve capabilities. Verus import/export protocol was designed to make integration with other block chains provable and easy, and there are already external bridges in progress that expect to enable automatic send/receive of any Verus network token between Verus and ETH/ERC20 tokens, where currencies can be sent between Verus and ETH, expressed as Verus currencies on the Verus network, and exposed automatically on ETH as an ERC20 token.

While this 0.7.1 testnet enables on-chain token currency definition, the same advances will soon be available on the Verus merge mining and multi-chain technology which was running on testnet last year. When enabled, this will make it possible for Verus network chains to operate fully independently, yet be dynamically merge mineable along with Verus and up to 20 other Verus network blockchains on a single hash, earning rewards and powering all chains simultaneously. All network blockchains will provide the same fractional currency capabilities, both for on-chain tokens as well as native zk-SNARK supporting currencies as well.

Testnet Reset

The testnet was deleted and relaunched on this release. IF YOU HAVE LAST LAUNCHED VRSCTEST FROM A VERSION PRIOR TO THIS, PLEASE DELETE THE FOLLOWING DIRECTORIES BEFORE RUNNING THIS NEW UPDATE:
Linux:

~/.komodo/VRSCTEST
~/.verustest

MacOS

 ⁨Users⁩/⁨{YourUserName}/⁨Library⁩/⁨Application Support⁩/⁨Komodo/VRSCTEST
 ⁨Users⁩/⁨{YourUserName}/⁨Library⁩/⁨Application Support⁩⁨/VerusTest

Windows

"%APPDATA%"\Komodo\VRSCTEST
"%APPDATA%"\VerusTest

Launching the testnet:

./verusd -chain=VRSCTEST

Disclaimer

This is experimental and unfinished software. Use at your own risk! No warranty for any kind of damage!
Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The enclosed copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

MacOS:
https://www.virustotal.com/#/file/3851ead7d799d6404e0b923dc457f3a4d88a7407b65b82ca3f939d691b00c19e/detection
Linux-AMD64: https://www.virustotal.com/#/file/569e21fa78a25b6877f864d254e3a26db6df0c9aaaeba7b280ccbc7afd728973/detection
Linux-ARM64: https://www.virustotal.com/#/file/83991b41897a16b42e3982c76697ef041d38a6ec6373ca275bbb763ea70a1780/detection
Windows:
https://www.virustotal.com/#/file/e10f4c17a41be112a21a049453929212ab90ea13c63216923aa8ade488d71d50/detection

Avast and Kaspersky may flag the software as "not-a-virus" or "PUP". These are warnings that you are installing mining software, which may be installed by a third party to exploit your PC.
To find out more about the false positives, review the following resources:
https://blog.malwarebytes.com/detections/pup-optional-bitcoinminer/
https://www.kaspersky.com/blog/not-a-virus/18015/

Verifying Downloads

A txt file containing the signer, standard sha256 file checksum, and signature, is included for each download. These packages have been signed with the identity "Verus Coin Foundation Releases@".

1. Extract downloaded archive
2. Verify signature for the extracted app or installer using the extracted textfile.
3. Run installer or place appimage in desired directory