VertCoin (VTC) is a cryptographic currency, similar to Bitcoin and Litecoin, with one major difference - Vertcoin believes that everyone who has personal computer should be able to join the Vertcoin network.
VertCoin is a Litecoin Fork, that in turn is a Bitcoin Fork.
Vertcoin is also the first cryptocurrency to implement Stealth Addresses, a new technology for providing privacy on the public ledger.
|Mkt.Cap||$ 32.86 M||Volume 24H||115,942.00 VTC|
|Market share||0%||Total Supply||84 M VTC|
|Proof type||PoW||Open||$ 0.50|
|Low||$ 0.46||High||$ 0.54|
vertcoin-website/head.html at master · vertcoin-project/vertcoin-website · GitHub
In December of last year, bitcoin nearly touched $20,000 per coin for the first time in its history; but it currently stands at just under $7,000, as of March 31, 2018. Despite this whipsawing – and caution from some prominent figures in the financial world that bitcoin and cryptocurrencies more broadly could be a bubble –investors are still piling on. Fortunately for those investors, there are many other digital currencies available today, and in fact there are new currencies emerging all the time.
The previous Lyra2REv2 algorithm was totally exploitable by FPGA devices, and the newer Lyra2REv3 algorithm will soon be affected as well. This would do away with fair mining and could push all the individual GPU miners away from Vertcoin. Vertcoin (VTC) is one of the more established cryptocurrencies that was launched “way back” in 2014 without too much fanfare. Over the past month, we have successfully developed a first implementation of Verthash in the Vertcoin Core code base. Within the development team we have run a few nodes on Testnet to test the functionality — and everything seems to work properly.
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Issuing and transferring assets will incur transaction fees in VTC. Daily OHLC USD Spot rates, volumes and averages for all the most significant Crypto Assets including Bitcoin, Litecoin, Ethereum and 500+ others.
vertcoin-project / vertcoin-website
Verthash is still under development and tries to address the outsourcability problem. The Asset layer is an implementation of OpenAssets protocol on top of Vertcoin. It allows you to issue assets, that can be transferred to other users that have the OpenAssets wallet.
And even though it had to fork three times over the years, it remains one of the few ASIC resistance coins, thanks to the commitment of the development team. That alone should ensure the survival of Vertcoin, and ensure it maintains a strong mining community.
We’ll have to make sure the system is reliable before hardforking our mainnet. So the timeline will be longer than with the Lyra2REv3 hard fork. We’ve bundled these two applications into a single project that has the working title “Vertcoin Extras”.
It follows the ideas set out in a whitepaper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Will any of these cryptocurrencies overtake bitcoin to lead the field? It's impossible to say, but investors interested in the space may wish to keep an eye on them in any event.
All of these have been issues which have plagued industry leader bitcoin. If IOTA is able to capitalize on this technology, it could eventually come to dominate the industry. That ideal was that one CPU is equal to one vote, but the rise of ASIC miners and large mining pools has sadly meant that most Proof-of-Work cryptocurrencies no longer adhere to that ideal. Vertcoin (VTC) is an ASIC-resistant P2P Litecoin fork that uses PoW to reach consensus.
- Finally, Vertcoin has an official Medium blog that is relatively active.
- So the timeline will be longer than with the Lyra2REv3 hard fork.
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Unitus (UIS) has been available to be merge mined since the beginning, and according to the information at Give Me Coins you can also merge mine Monocle and Parallaxcoin through them. Aside from letting the software know which mining pool to use and what wallet address to send rewards to you also specify either CPU or GPU mining. Once you have those three things in place you can simply run the miner and collect your VTC. In order to make mining as simple for users as possible Vertcoin has developed and released their own 1-click mining software. It has to be the easiest mining software for any cryptocurrency.
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They regularly keep their community up to date over here and they get a great deal of engagement from their followers. Vertcoin has enabled merged mining, allowing users to mine more than one coin at a time, but currently, there aren’t many other coins that can be merge mined with Vertcoin.
Two-way (sending and receiving) short codes:
One other consideration the team has to deal with is the mining platforms that sell hashing power. These platforms could make it possible for a single entity to purchase enough hashing power to successfully launch a 51% attack on the network.
You need a full node that’s RPC enabled, the installation description is included in the github repo’s README. The withdrawal deadline for Primecoin (XPM) and Vertcoin (VTC) has been extended to February 27th, 2020. We'll update all balance holders when the wallets are re-enabled for withdrawals.
It also claimed that Vertcoin could be one of the altcoins to make its way to mainstream adoption. Finally, Vertcoin has an official Medium blog that is relatively active. Every month they will share the latest updates on every aspect of the project – well worth following. You can download the 1-Click miner from the Vertcoin website, but unfortunately, it is only available for Windows.
Billed as the 'The People's Coin', the Vertcoin ascribes primacy to keeping its mining functions decentralized, and seeks to allow anyone with a personal computer to join the Vertcoin network. Towards this end, Vertcoin has its very own 1-click miner, a program meant to make mining more accessible to the general public. In Jul 2014, Vertcoin released a wallet supporting Stealth Address transactions.
IOTA is a digital currency which focuses on secure payments between machines in the Internet of Things. It is unique among cryptocurrencies in that it does not feature an underlying blockchain support network. Through this technological undergirding, IOTA transactions are always free, regardless of the size of the transaction itself. This technology also allows for scalability and faster processing times, as well as a theoretically unlimited number of transactions.