Verida
P2P Protocol
Company
Links
Details
License Permissive (MIT — open source protocol, SDKs, and server node code on GitHub)
Dev Status 🟢 Active
Dev Status Detail Released (mainnet live since Jan 2024; Protocol 4.0 in development)
Owner Verida Network (co-founded by Chris Were and Ryan Kris)
Country Australia (Adelaide-based founders)
Start Year 2019
Stack TypeScript + Rust (client SDKs in TypeScript for browser, React Native, NodeJS; storage nodes use CouchDB middleware)
Funding VC ($5M seed and strategic round in June 2024; earlier $3M raise)
Last Investigated Jan 15, 2026
P2P Protocol Attributes
Origins Database / Ecosystem/SDK (self-sovereign encrypted data storage for Web3 apps)
Database CouchDB (encrypted per-user database instances on decentralized storage nodes; not on-chain)
Query Language Custom (Verida Client SDK API for CRUD operations on encrypted database records; standard CouchDB queries underneath)
Data Formats JSON + Custom (encrypted JSON documents in CouchDB; W3C Verifiable Credentials; support for importing from Web2 platforms via Data Bridges)
Collaborative Live Editing N/A (designed for private personal data storage, not collaborative editing)
Rich Text Editing N/A
Mobile Support Mobile support (Verida Wallet app on iOS and Android; React Native SDK)
Web Support Yes (browser SDK; Verida Vault web application; Verida.ai web interface)
Native Apps N/A (mobile wallet is native; no dedicated desktop app)
Terms Self-hosting + Freemium SaaS (users pay for own storage via VDA tokens on self-sovereign 'user-pays' model; node operators self-host; Verida.ai as hosted service)
Funds $8M+ total (initial $3M raise + $5M seed/strategic in June 2024; investors include 1kx, Multicoin, RRE, GBV, O-DE Capital, Launchub, others)
Based On Polygon (DID registry and token on Polygon PoS); CouchDB (storage layer); IPFS (content addressing where applicable)
P2P Architecture DHT + Public Blockchain (DID registry on Polygon; storage nodes form decentralized network; nodes must bond VDA tokens to be discoverable)
Overlay Network App-wide (storage nodes form a decentralized network; user data sharded across chosen nodes per application context)
Content Addressing No (database storage model, not content-addressed; uses DID-keyed encrypted records)
Local-First N/A (data stored on decentralized storage nodes, not primarily local-first; client SDK syncs with remote nodes)
E2EE Yes (all user data end-to-end encrypted with user-controlled private keys; storage node operators cannot access data)
CRDTs Lib N/A (CouchDB replication for sync, not CRDTs)
Byzantine Fault Tolerance No (relies on Polygon blockchain for DID consensus; storage nodes operate independently with staking bonds for trust)
Signature Ed25519 + secp256k1 (DID-based identity using did:vda method on Polygon; supports multi-chain wallet signatures via WalletConnect)
Permissions Cryptographic Capabilities (user-controlled encryption keys manage access; DID-based authentication; consensual data sharing with signed permission grants)
Semantic Web Compatibility Links (supports W3C Verifiable Credentials and DIDs; Polygon ID and zkPass integrations for zero-knowledge proofs; not full RDF/SPARQL)
Smart Contract Yes (VDA token and DID registry smart contracts on Polygon; staking contracts for node operators)
Protocol Stack Position
Asset / Value Embedding Native — VDA token (on Polygon PoS) is the protocol-native utility token used for staking by storage node operators and for the user-pays storage model. Node operators stake VDA to participate in the network; users pay in VDA for storage services.
Protocol Maturity / Standardization Proprietary Open Standard (published protocol specifications and DID method; company-developed open standard)