1. What is VRSC?

Introduction to VRSC cryptocurrency

Verus Coin (VRSC) is a new currency with innovative cryptocurrency technology and novel use cases. It has the following characteristics:

1. CPU mining: VRSC is a coin suitable for ordinary users for mining with their own computers.
2. Uniqueness and fun: The uniqueness and fun of VRSC may attract specific groups, thus driving its market value up.
3. Issuance and circulation: The issuance of VRSC is 83.54 million, with a total circulation of 77.29 million.

Overall, VRSC is a new currency with broad market potential and room for development.

2. Who created VRSC?

VerusCoin (VRSC) was created by an expert team led by Chief Developer Michael Toutonghi. Toutonghi was a Vice President and Technical Researcher at Microsoft, recognized as the founder and architect of the Microsoft .NET framework.

3. Which VCs invested in VRSC?

According to the information provided, there is no specific investment information for the cryptocurrency "VRSC" mentioned in the text. The discussion mainly focuses on the early development and investment situation of Ethereum, especially the support of Ethereum by Xiao Feng, CEO of Wanxiang Blockchain Lab. The investment information mentioned in the text mainly involves the financing situation of Ethereum and NFT game Axie Infinity's parent company, Sky Mavis, without mentioning the investment information of "VRSC."

4. How does VRSC operate?

Operation of VRSC (VerusCoin) cryptocurrency:

1. Consensus mechanism: VerusCoin uses a unique consensus algorithm called "Proof of Power (PoP)," a hybrid system combining 50% Proof of Work (PoW) and 50% Proof of Stake (PoS). This dual verification mechanism ensures that each block is confirmed by PoW or PoS, while maintaining an even distribution of blocks verified by each method.

2. Mining: VerusCoin's mining process uses an algorithm called "VerusHash," allowing users to mine using ordinary CPUs. This design enables everyone to participate in mining, especially ordinary users without high-end hardware.

3. Token issuance: VerusCoin has a 100% fair release, with no initial coin offering (ICO) or pre-mining. The maximum token supply is 83,540,184 VRSC, halving every two years to balance demand and supply.

4. Community involvement: VerusCoin is a community-driven project where users can not only earn VRSC through mining but also participate in project governance, influencing future development directions.

5. Use cases: VRSC can be used for voting, referendums, and elections on the Auto Chain, as well as trading on popular exchanges.

In conclusion, VerusCoin's operation emphasizes fairness, decentralization, and community involvement, providing a unique cryptocurrency experience.