What is Vertcoin?

 

Vertcoin  is a digital currency which can be sent peer to peer, similar to Bitcoin and Litecoin.
Vertcoin is known as ‘the people’s coin’ as it is owned and controlled by it users.
The digital currency is still mined just like Bitcoin however, it is profitable for anyone to mine it so is not controlled by large mining pools. There was no coins that were pre-mined and there was no ICO, In fact Vertcoin is funded entirely on donations. It was developed in 2014 by community members who wanted to create a completely open and fair cryptocurrency in line with the original vision of cryptocurrency.

Vertcoin (VTC) ​Live Price:

One of the most interesting features of Vertcoin, is that it is designed to resist centralisation. It is able to do this because of its’ mining algorithm ‘Lyra2RE(v2)’. This algorithm is ASIC resistant as it only allows users to mine Vertcoin through traditional methods, computers, graphics cards, gaming computers etc.
By doing this it means that Vertcoin is truly decentralised. Unlike Other popular cryptocurrencies it does not allow mining farms to monopolise the mining of this coin. Like Bitcoin and Litecoin, Vertcoin has SegWit activated and is part of the. Lightning Network.

Vertcoin has far cheaper average transactions than both Bitcoin and Litecoin. It bears similarities to Bitcoin Cash and Bitcoin Gold except Vertcoin has its own brand. Bitcoin Cash aimed to increase the speed of transactions and decrease the fees which Vertcoin already does and Bitcoin Gold was going to be ASIC resistant making ‘Bitcoin decentralised’ once more. However Vertcoin already does this and does not have some of the obvious drawbacks of These recent hard forks.

Buying and Using Vertcoin

You can download the Vertcoin wallet directly from their official site, to purchase the coins you can use any of the below platfroms:

More information & resources:

What is Vertcoin

Recent cryptocurrency news

FREE XLM With Binance

July 23rd, 2019|Comments Off on FREE XLM With Binance

XLM have had a Stellar year of marketing (Pardon the pun), and have certainly distributed a serious amount of FREE tokens to users via a number of different platform's. If you have missed any [...]

  • binance launch GBP stable coin

Binance Are Launching GBP Stable Coin (BGBP)

July 22nd, 2019|Comments Off on Binance Are Launching GBP Stable Coin (BGBP)

Binance have announced the launch of a GBP stable coin. On 23rd July 2019 at 04:00 UTC, Binance cryptocurrency exchange will officially launch BGBP, one of the only cryptocurrencies pegged to the Sterling Pound. What [...]

$50 FREE Crypto on Crypto.com

July 21st, 2019|Comments Off on $50 FREE Crypto on Crypto.com

Crypto.com is one of the biggest Cryptocurrency platforms in the world. Users can buy and sell Various Cryptocurrencies including Bitcoin, MCO, Binance Coin and Ethereum. Crypto.com are also launching their own Visa debit cards [...]

ABBC Foundation Deepens Its Lineup of Global Partnerships

May 9th, 2019|0 Comments

ABBC Foundation witnessed huge improvements and continuous development within Q1 2019. Since the official settlement with Alibaba Group, ABBC Foundation established its new R&D facility in the United States to facilitate the soon-to-be-launched Coin Shopping [...]