multiPOS overview

proof-of-stake blockchains are secured by capital and bitcoin is capital.

multiPOS is verbatim's innovative proof-of stake mechanism which utilizes multiple crypto assets to secure the blockchain. until now, pos chains have only utilized their own native token as the staked asset, or run permissioned (centralized) systems. by utilizing multiple staked crypto assets, the decentralization and security of the network is diversified and strengthened so long as the staked assets are larger in market cap and more decentralized. following this logic, the natural choices for staked assets on the verbatim network would be btc and eth in combination with the native token verb.

the current staked asset weighting is proposed at 40% btc, 30% eth and 30% verb. as the network continues to mature, the staked assets will shift more towards the verb asset over time.

btc and eth are ideal assets to backstop a network because they have the the most capital available, are the most decentralized, and the least volatile.

under this architecture idle btc and eth can be utilized as capital to secure the network. the combined market caps of these assets is greater than $1.6 trillion. now, consider the amount of time and capital required for the verb token to reach an equivalent market cap. therefore, by adding additional staked assets in the form of btc and eth, the network is more secure during the bootstrapping stage. additionally, validators are not required to swap btc or eth for verb, utilize bridges, or use wrapped versions of their assets in order to begin validating the network. they can retain their btc and eth on their native chains utilizing our technology, which makes the ease of use optimal to attract the most capital.

additionally, as certain price oracles will be natively validated, the oracle network is secured by the same level of capital as the overall chain, enhancing the security greatly. more on this here [link to oracle availability].