CryptoURANUS Economics: 09/09/18

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Sunday, September 9, 2018

Vertcoin [VTC]: Defined in CryptoCurrency


Vertcoin [VTC]:
























Introduction:


Vertcoin is a proof-of-work cryptocurrency that was released on January 8, 2014.

It is similar to Bitcoin and Litecoin, but offers additional features including an ASIC resistant proof-of-work mining algorithm and advanced privacy via stealth addresses.

ASIC resistance is probably Vertcoin’s most defining feature, and while it may seem like a minor addition to the typical altcoin market feature set, it actually has huge implications for the distribution and decentralization of the coin.

Vertcoin’s goal is to remain a cryptocurrency asset owned by its users, not companies with industrial mining rigs that favor the pursuit of profit over progress.