Vertcoin

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Vertcoin
Vertcoin-2018-Logo.jpg
ISO 4217
CodeVTC
Denominations
Subunit
10−3millivertcoin
PluralVertcoin, Vertcoins
 millivertcoinmVTC
Demographics
Date of introduction8 January 2014[1]
User(s)Worldwide
Issuance
LedgerThe Vertcoin peer-to-peer network regulates and distributes through consensus in protocol.
Valuation
Supply growth25 Vertcoins per block (approximately every 2.5 minutes)

Vertcoin (VTC) is a peer-to-peer cryptocurrency and software project. It is a Bitcoin-like blockchain currency.

History[edit]

Vertcoin was released via a client on GitHub on January 8, 2014.[1]

A 2014 International Business Times article notes that it "hopes to offer an alternative. By taking the foundations of Bitcoin and making some adjustments, Vertcoin punishes miners who use powerful machines and work together in 'pools' to monopolise the mining market."[2]

On May 7, 2017, Segregated Witness (SegWit) feature was activated in the main network. SegWit update includes the Lightning Network technology that was also demonstrated in action during the same day. [3]

See also[edit]

References[edit]

  1. ^ a b Vertcoin (Bitcointalk.org user) (2014-01-08). "Vertcoin; Scrypt N; Beat ASIC; Stealth Address - Alpha Testing". Bitcoin Forum. Vertcoin via Bitcoin Forum post. Retrieved 2014-06-10.
  2. ^ Charlton, Alistair (2014-02-05). "Vertcoin: The soaring cryptocurrency set to surpass Bitcoin". International Business Times.
  3. ^ Suberg, William (2017-05-08). "Vertcoin Debuts Second to SegWit, Lightning, Price Up 50 Percent". Cointelegraph.

External links[edit]