Tokenized Commerce and
Self-Custody for Everyone.

Perfected digital capital, digital gold, apolitical property...

or however you wish to classify Bitcoin, most can agree it has garnered initial critical mass and adoption by many… but we are just scratching the surface and getting started! While VerifiedX was built with the same exact ethos and principles of the Bitcoin Network, it isn't a copy of it at all. In fact, it has adopted a lot of Bitcoin's security and its philosophy, but it has iterated over it and added smart contract functionalities that have real on-chain features.

These automated features actually solve everyday frictions...

and open up doors to many additional self-sovereign possibilities today. VFX not only provides a non-custodial vertically integrated gateway for Bitcoin, but it also serves as a fully decentralized sidechain as well. This means that native wallets support all native Bitcoin functions, while also helping advance it with true on-chain utility.

Think of VerifiedX as a public mall...

that is owned by its vendors with Bitcoin as the premier department store. Every single shopper in the Bitcoin department store continues to use all the same services and products it always has, except now they can walk through the mall and access a host of additional services without leaving their own environment. This all happens within one's own control while enhancing the self-sovereign experience, helping scale Bitcoin with utility, while dramatically reducing user latency and cost.

VerifiedX Validators are enabled with full on-chain governance...

with an in-wallet user interface. Governance is the reward for validating, rather than a block reward from mining activities or traditional staking. Why? Because reward structures for validators and mining infrastructures have proven to be parasitic and create an inflationary environment, which tend to not align with the best interest of a network and its community members. In many cases, they seem to favor the wealthiest of holders and / or the most dominant and are more pseudo- decentralized… not very different from some of the more traditional systems right?

One can think of a VFX Validator similar to that of a Bitcoin Full Node.

It doesn't generate any income from the network and its primary purpose is to verify transactions and contribute to the network's security. VFX takes this even further to ensure true altruistic decentralization by upholding a Zero Knowledge Proof of Assurance (PoA) consensus… anyone may join and become a validator at anytime, so long as they hold the minimum required native VFX coin in their non-custodial wallet using any machine with the minimum specs, a unique IP address, and run the wallet in validator mode.

There are no lockups or holding periods, it is that simple. As a tradeoff for the work a validator does, it immediately earns governance rights to put forth proposals, changes, enhancements, and cast votes all through the wallet with a 'one-click' interface, upholding a one CPU-one vote methodology.

The economic incentive here is by participating in helping advance the network and contributing to its growth. This is further enhanced with a truly deflationary native coin, where every transaction and network service fee is burned at the time of its occurrence creating additional rarity as utilization increases over time.