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Exchange rate of ELU (ELU) to VBK (VBK)

1 ELU = 0.0000000000 VBK


Quotation rate chart ELU (ELU):

VeriBlock (VBK) is a blockchain project that focuses on blockchain security and scalability. VeriBlock uses a unique approach known as "proof-of-proof" (PoP) to secure other blockchains, primarily Bitcoin, by anchoring their security to the Bitcoin blockchain. 

VeriBlock's PoP consensus mechanism allows other blockchains to inherit Bitcoin's security through a process of sending snapshots of their block headers to the Bitcoin blockchain. This provides an additional layer of security for these chains, as any attack on them would also require an attack on the Bitcoin blockchain.

The native cryptocurrency of the VeriBlock network is VBK. It is used for various purposes within the ecosystem, including staking and securing the network.

VeriBlock miners engage in a process called "pop mining," where they mine VBK tokens and compete to publish the most secure and reliable PoP transactions on the Bitcoin blockchain.



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