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Vertcoin is a payments focused cryptocurrency that was launched in 2014 by David Muller. The project compares itself to Bitcoin, highlight the areas where it believe itself to be better.
While Vertcoin does use a Proof-of-Work (PoW) consensus algorithm, like Bitcoin, it is far more GPU friendly and Vertcoin emphasizes the capacity for miners to use GPUs instead of ASICs. Block times are similar to litecoin, at 2.5 minutes, compared to Bitcoin’s 10. The team has also made the mining process extremely convenient, which could explain the project’s surges in popularity.
Vertcoin’s primary selling point is its ASIC resistance, an alternative that is GPU friendly. It takes a little inspiration from Bitcoin, Ethereum and Litecoin to put together what the team thinks is best.
The team is currently focusing on several promising features: a new mining algorithm called VertHash, a multicoin lightning wallet, an iOS wallet, and expanded support on exchanges and wallets. These milestones are expected to arrive by the end of 2019 or during the early months of 2020. Progress achieved from the beginning of the year include updates to the one click miner, Vertcoin Core and the core wallet.
16 Sep 2021 1 minute read 0 comments k1llswitch
How exactly does Vercoin work? There is an official Vertcoin One-Click miner app that works by using your GPU's processing power to solve hashes which are required to mine a block. With the official One-Click miner you are mining in a pool which mean...
16 Sep 2021 4 minute read 9 comments Swapzone
On September 11 at 6:00 pm UTC we had a chance to ask questions to Vertion – a dedicated team member of Vertcoin. Being beyond honoured to have him on our Telegram AMA in Swapzone Community Chat, we are grateful for providing us with valuable insight...
12 Aug 2021 5 minute read 8 comments Swapzone
Bitcoin mining started out as something anyone including their mother could do. All you had to do is simply turn on your GPU and you could start mining asap. However, as more and more miners entered the network, the mining difficulty of Bitcoin incre...
1 Jun 2021 1 minute read 0 comments Cryptopeach
Hello, Awesome news for this giant community, Vertcoin was listed on CoinEx today. What does this means for VTC? Great exposure to the public and a very user friendly listing on an exchange. CoinEx is a great exchange with great coins and perfect UI....
27 May 2021 1 minute read 0 comments Cal_tv93
Well since a lot of my mining posts have gotten a lot of views and seem to be liked by the readers i've decided to make this post on how to get started mining. Not only will this post include places where you can exchange or hold your Vertcoin but wi...
10 May 2021 1 minute read 0 comments Cytronics
Have you thought about mining Vertcoin? Have you ever heard of Vertcoin? Well, here the gist; Vertcoin is a decentralized cryptocurrency similar to Bitcoin and Litecoin, that launched in early 2014. At the time of writing, one Vertcoin is worth $1.35...
3 May 2021 1 minute read 1 comment Dennis76
Vertcoin is a version of Bitcoin. Before you get too excited, it is not worth anywhere near as much as Bitcoin, nor do many people even know about it. The fact is, Vertcoin was developed as a people's coin. It is designed so that it can only be mined...
25 Feb 2021 1 minute read 0 comments kosicarl
Have you ever thought about mining with your PC? Maybe just for fun, maybe to make few extra bucks - or just HODL onto some cryptocurrency. If the answer is yes, then you have maybe ran into many of these things - Different miners, DAG sizes, no yiel...
3 Dec 2019 1 minute read 0 comments BlessedBoy
Security is one of the top priorities of our time, especially when it comes to online security or cybersecurity — a significant issue for all companies and governments in the world. And in which Blockchain technology occupies a prominent place, as a...
2 Dec 2019 1 minute read 0 comments Roberto D.
It is not the first time that it has happened, I remember at least two other precedents during the last year, the first in December 2018 and the second in spring 2019; now it has happened again, a 51% attack against Vertcoin has been successful. It w...
