3. Crypto, the Saviour that Lost its Way

Sovereignty has been the favourite buzzword of the crypto community for over a decade now. The only issue is the solutions put forward to date have not been up to the job. Quick recap:

Wave 1: Bitcoin

Bitcoin is a prototype for a programmable market mechanism. Satoshi Nakamoto’s innovation combines triple-entry public accounting with a system designed to harness supply-demand imbalances, price feedback loops, and incentive alignment.

Underlying Bitcoin is a game-theoretic architecture that encodes three key principles:

Bitcoin's design wasn’t accidental — it was modeled on how Marginal Exchange Price (MEP) paths behave under constrained supply and inelastic demand. Bitcoin aligns actors to maintain and verify a global ledger, creating not just digital money, but a foundation for decentralized markets. For investors, this was an entry point into the future of value coordination. Bitcoin was the first working example.


Wave 2: DeFi is born

Ethereum’s smart contracts unlocked a wave of innovation - ICOs, NFTs, decentralised lending - by making money programmable. But they came with tradeoffs: high fees, security flaws, and a long history of protocol-level exploits.

Perhaps the most damaging issue is Maximal Extractable Value (MEV). This allows privileged participants to front-run user transactions—capturing value before the user is even aware. In traditional finance, this is illegal because it violates the principle of fair access. Regulators like the SEC are unlikely to tolerate on-chain behaviour that would be banned in any other financial context.

Efforts to “fix” MEV by layering on software often obscure deeper design flaws. Meanwhile, most Layer 1 chains suffer from the same limitations—and have resigned themselves to the idea that no blockchain can simultaneously achieve decentralisation, security, and scalability.

Verus prove this assumption wrong; the trilemma is not inevitable, but the result of narrow design choices.

After ten years, the space is still dominated by hype cycles, redundant infrastructure, and unstable incentive models. The major exception? Stablecoins like USDT and USDC, which—like VoIP for telecom—have quietly redefined the economics of global money: faster, cheaper, and borderless.


Wave 3: A Fairer Architecture for the Internet of Value

Verus and Valu represents a new phase in blockchain evolution - centred on composable cryptography, user ownership, AI integration, and community-driven economies. Built on the Verus protocol, it directly addresses long-standing issues like Maximal Extractable Value (MEV) by embedding fairness at the protocol level.

MEV-Free by Design
Verus introduces simultaneous solving, a unique consensus mechanism that processes all transactions within a block in parallel - eliminating the ordering that enables front-running and related exploits. Unlike traditional serial chains, Verus ensures fair execution across its Layer 1 DeFi stack.

Layer-1 Identity
Self-sovereign identity is embedded at the protocol level, allowing users to issue, revoke, and recover their digital identity independently - without corporate or state control.

Community-Controlled Economies
Valu enables data unions and tokenised attention markets, allowing individuals and communities to collectively monetise their data and interactions. By shifting value from platforms to users, it redefines the digital economy around shared ownership.

Each wave of innovation has solved old problems while exposing new ones. Verus and Valu propose a “third way” - a path that balances scale, security, and sovereignty to create a more equitable digital future.

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