What is Vertcoin?

"Vertcoin is a digital currency that can be sent between people over the internet. Vertcoin (VTC) stays true to the original vision of cryptocurrency: a financial system owned by its users, the people’s coin. Vertcoin is not controlled by large banks or mining hardware manufacturers and can be mined by anyone profitably. Fairly distributed without a premine, ICO or airdrop, Vertcoin is developed by community members working as volunteers and the project is wholly funded by donations. A finite resource similar to gold, you can rest assured that Vertcoin will keep your money safe from vested interests and ensure that transaction fees are proportionate and shared between a large number of miners. With Vertcoin, you can truly be your own bank."

- Vertcoin.org
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General

TICKER SYMBOLS
VTC
AGE
5 years old (January 11, 2014)
CURRENT PRICE
$0.523136
Updated 4 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$9.53
2 years ago
CIRCULATING SUPPLY
50,075,372 coins
Updated 3 minutes ago via coinmarketcap.com
MARKET CAP
$26,196,216
Updated 2 minutes ago

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (84,000,000 coins)
PRE-MINED / RESERVED
No
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
2m 30s
CURRENT BLOCK REWARD
50 coins
HASHING ALGORITHM
Lyra2RE
DIFFICULTY ADJUSTMENT
Every block (~3 minutes)

Categories

Payments

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