VeriCoin VRC to Fetch.ai FET Exchange

Crypto Pair Details: VRC to FET

VeriCoin VRC

VeriCoin (VRC) is a Proof of Stake-Time cryptocurrency. It was previously a Proof-of-Stake cryptocurrency with Proof of Work used to mine coins in the early stage. VeriCoin began work on PoST after the MintPal VRC hack and the subsequent roll back. More information on Proof of Stake-Time can be obtained by reading the whitepaper here. There is no Pre-mine or IPO for VeriCoin. The minimum stake time is at least 8 hours. The one highlight feature of VeriCoin is VeriFund. VeriFund is the answer to ensure stability and growth of VeriCoin. It is used to counter the inflationary effect of the proof of stake. When the supply increases, VeriFund will purchase liquid supply of VeriCoin to ensure growth and stability of the coin's value. More info about VeriFund can be found at http://vericoin.info/verifund.html Another key feature of VeriCoin is VeriSMS. VeriSMS is an SMS wallet system that gives your phone capability to access the VeriCoin network. Some of the available commands include 'Balance', 'setpassword', and 'SEND'. More information about VeriSMS can be found at http://vericoin.info/text.html

Fetch.ai FET

Fetch.AI ('the Project') brings together machine learning ('ML'), artificial intelligence ('AI'), multi-agent systems and decentralized ledger technology to create an economic internet — an environment where digital representatives of the economy's moving parts (such as data, hardware, services, people and infrastructure) can get useful work done through effective introductions and predictions These agents can be thought of as digital entities: life-forms that are able to make decisions on their own behalf as well as on behalf of their stakeholders (individuals, private enterprises and governments for example). Fetch.AI's digital world is exposed to agents via its Open Economic Framework (OEF) and is underpinned by unique smart ledger technology to deliver high performance, low cost transactions. The ledger delivers useful proof-of-work that builds market intelligence and trust over time — growing the value of the network as it is used. Fetch.AI can be neatly interfaced to existing systems with minimal effort, allowing it to take advantage of the old economy whilst building the new: plug existing data in to Fetch.AI and watch markets spontaneously form from the bottom up.

SOURCE: COINGECKO

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