Vertcoin Going Vertical
Vertcoin (VTC) has been rising quickly over the past few days, a time when most major coins and alts have been flat. Earlier today Vertcoin was up roughly 325% over 24 hours, based on CoinMarketCap's stats. This brought its market cap over the $4 million mark and saw it reach 14th position in the rankings of mineable coins. Not bad for a Litecoin fork released on the 8th of January 2014. Vertcoin chart on CoinMarketCap. Before dismissing Vertcoin as just the latest pump and dump, it's worth noting that it does have an active development team, engaged community and - most importantly - at....
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Editor's Note: Vertcoin Development team has released a new update last night, just after this article was originally published with the title: "Vertcoin Community Uneasy With Developer Silence." In the digital currency community, transparency is one of the foundations of the movement. While the Bitcoin creator Satoshi Nakamoto remains anonymous, this is not normally the case with most altcoins in current circulation. With the Vertcoin markets currently dipping down, the community is calling for more communication from its developers who have recently fallen silent. CCN. "As a miner and....
Vertcoin does not think Zerocoin implementation would be a good move. Over the past few weeks, there have been rumors that Vertcoin could soon implement a variation of Zerocoin to enhance privacy and anonymity in this particular cryptocurrency. I recently talked with Paul Bradley, one of the developers of Vertcoin, to clear the air on what kinds of features we are going to see added to Vertcoin in the near future. While Bradley stated Zerocoin implementation is probably off the table due to the negatives outweighing the positives, there are are still a few privacy-enhancing features that....
If you have heard of the ominous Titan from KNC capable of hashing at 300 mh/s on scrypt, or perhaps the gridseeds or any other scrypt asics, a algorithm that was designed to be anti-asic and you’re a miner, you are most likely searching for the next coin to mine. Take Vertcoin into consideration as that coin. Here are some Vertcoin coin specifications. Vetcoins has a 84 million Vertcoin max coin supply with block times of 2 and a half minutes, 50 coin block rewards, KGW difficulty adjustment to discourage multipools, and block halving every 4 years or so. But where it really shines is its....
If you didn’t know already, Vertcoin is an ASIC-resistant coin, one of the first coins I found out about andwrote about. Vertcoin with has been slowly dropping in market cap over the last few days, but that hasn’t discouraged the community with releases such as the Stealth Address, and now the POW change to Lyra2. Below is a short video explaining stealth addresses more in-depth. Vertcoin aims to be the cryptocurrency of choice for personal and business use. We were the first to offer Stealth Addresses protecting everyone’s right to privacy on the blockchain. We believe this to be a much....
Vertcoin recently announced the hardfork to implement Lyra2RE - a NIST5 based chain algorithm designed to resist ASIC mining. As per the available reports, the new POW algorithm will be executed approximately on December 16th at block 208301. The Vertcoin users are already provided with all the necessary download links of Linux binaries, source core, Python module, etc. on the coin's website to ensure a smooth execution of Lyra2RE. Users will also be required to upgrade their current wallets, which will be launched alongside the new algorithm. Why Lyra2RE? The reason behind the Vertcoin....