About the coin (primary summary)
- What coin: Venera (ticker VNR)
- Mining algorithm: RandomX (PoW) + PoS layer Omnivera (as indicated in the title)
- CPU‑only or not: not explicitly stated
- Brief description: Venera is a private stablecoin ecosystem with a two‑layer architecture: a PoW layer based on CryptoNote (the VNR coin) serves as the primary collateral asset, while the PoS layer Omnivera provides a sharded payment network, public smart contracts, and optional privacy via ZK proofs. Stablecoins such as USDV are issued only against locked VNR, initially using a highly over‑collateralized reserve model.
- Where to mine/pool: the team plans to open pools for everyone next week and provide pool operators with RPC and code.
- Wallet/links: the web wallet displays burn transactions; the explorer is available at https://veneralabs.org/explorer
- Community reaction: participant HashCaliber noted an empty GitHub repository and expressed skepticism; the team replied that the code will be published later when pools are opened, and later announced a Burn‑to‑Earn feature, which sparked community interest.
Update history (deltas)
2026-10-05 00:12 UTC — 1 new post
Main topic of new posts: A new Venera CLI Wallet client version 0.2.1 released, available for download on GitHub and supporting interaction with the Venera network from the command line.
Key news/updates:
- The wallet is written in C++ and runs on Linux and Windows.
- Supports creating and restoring a wallet from a 25‑word mnemonic seed.
- Encryption of
.keysfiles using AES‑256‑GCM and PBKDF2‑HMAC‑SHA256. - Ability to view balances of VNR, USDT, and USDC, and to receive and send these assets.
- Integration with the Burn‑to‑Earn system: burning VNR, earning Burn Points, viewing and collecting accrued USDT yield.
- VNR staking function directly from the CLI with lock periods of 30, 60, and 120 days.
- Viewing transaction history, manual refresh/synchronization, command history with arrow navigation.
Issues/complaints: No issues or complaints mentioned in this post.
Overall tone: Positive — announcement of a functional wallet update expanding interaction capabilities with the Venera network.