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coin summary Vertcoin (vtc)


- Vertcoin is a decentralized currency owned by its users, a P2P cryptocurrency in the same vein as Bitcoin and Litecoin.
- Like its two predecessors, Vertcoin exists solely as a currency, and it uses proof of work to reach distributed consensus.
- Unlike its two predecessors, however, Vertcoin is dedicated to keeping its mining functions decentralized, so contrary to most PoW coins, it’s ASIC resistant.
- Branding their project as “The people’s coin,” Vertcoin’s team believes that ASIC resistance invites a fairer, more democratized currency for both users and miners.
- Along these lines, Vertcoin sports its very own 1click miner, a program meant to make mining more accessible to the general public.The motivation of Vertcoin was the fact that Scryptbased ASIC mining chip that is used to mine Scrypt derivative coins such as Litecoin and Dogecoin is entering the mass market.
- That coupled with strong mining pool causes the strength of a cryptocoin to drop as it becomes easier for a specific party to pull a 51% attack and even monopolize the network.
- ScryptAdaptiveNfactor was created to address that issue.Vertcoin is zero premined and as of the current design, only 84 million coins would ever be created.
- Vertcoin is said to be the next generation of coins due to its unique hashing algorithm.
- There may be more altcoins created based on this hashing algorithm in order to defend their network against ASIC miners.Like most all pre2015 coins, Vertcoin took a deathblow after Mt.
- Gox was hacked, throwing the entire market into a crypto winter.
- As such, it was relatively inactive until the revival last spring/summer.
- Since then, it has had steady climb up the market cap ladder.A 2014 International Business Times article mentions Vertcoin as a potential Bitcoin successor.
- The 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.
- On July 1, 2014, Vertcoin released a wallet supporting Stealth Address transactions.
- On December 13, 2014 block 208301, Vertcoin forked from ScryptAdaptiveN proofofwork function to Lyra2RE as a proactive defense against emerging ScryptAdaptiveN capable ASICs.
- On August 10, 2015 block 347000, Vertcoin forked from Lyra2RE to Lyra2REv2 because a botnet was controlling more than 50% of the hashing power of Vertcoin network.
- 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..

Summary of the coin Vertcoin

Summary of the coin Vertcoin


market value (Market Capital) Ranked 2023

highest price statistics: 9.80 $USD
circulated (Circulated): 69,158,573.81 coin
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The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 57,892.56 4,811,646,915.40
2 ARS title=ARS 1,080.20 1,930,506,714.60
3 ETH title=ETH 2,953.33 1,822,500,929.59
4 SOL title=SOL 131.75 1,018,447,662.27
5 PEPE title=PEPE <0.01 458,606,109.20
6 DOGE title=DOGE 0.13 400,814,183.54
7 XRP title=XRP 0.52 244,184,222.84
8 WIF title=WIF 2.56 212,422,027.67
9 ENA title=ENA 0.78 178,598,157.76
10 OP title=OP 2.74 159,192,213.34
11 BONK title=BONK <0.01 142,256,568.63
12 NEAR title=NEAR 5.99 138,271,073.76
13 RUNE title=RUNE 4.79 122,896,727.08
14 AVAX title=AVAX 33.08 109,396,399.79
15 ETHFI title=ETHFI 3.73 105,515,532.28
16 BOME title=BOME <0.01 100,057,311.21
17 ORDI title=ORDI 33.84 94,290,460.47
18 AR title=AR 27.68 73,832,367.40
19 TRX title=TRX 0.12 71,273,168.64
20 ADA title=ADA 0.45 70,895,318.28
21 FLOKI title=FLOKI <0.01 68,948,844.12
22 WLD title=WLD 4.56 68,244,386.33
23 HBAR title=HBAR 0.10 66,057,599.81
24 MATIC title=MATIC 0.68 65,284,804.34
25 RNDR title=RNDR 7.55 64,347,498.57
26 LINK title=LINK 13.18 63,246,665.32

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14 FC Barcelona Fan Token title=BAR 2.39 -3.86
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Bitcoin's Greed and Fear Index.

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43
Fear

Global CryptoCurrency News

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at news date
1 Chainlink to join Rapid Addition in building blockchain adapter for institutions 2024-05-01
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8 Bitcoin down 20 from all time highs Is BTC price headed to 50K 2024-05-01
9 Meme coins Betrayal of cryptos ideals or its true purpose 2024-05-01
10 Changpeng Zhao four month prison sentence lighter than expected 2024-05-01
11 Physical version of gold backed token replaces Zimbabwe dollar 2024-05-01
12 CZ sentenced A chronology of Binances legal battles in the US 2024-05-01
13 US Court to hear proposed remedies from Terraform Labs Do Kwon in May 2024-05-01
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15 BlackRock039s BUIDL becomes the worlds largest tokenized treasury fund 2024-05-01
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17 Pretty ordinary stuff Traders seem unfazed by Bitcoin correction 2024-05-01
18 Fantom bets on safer memecoins with launch of 65M dev fund 2024-05-01
19 RWA protocols are closing in on 8B total value locked Messari 2024-05-01
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24 Bitcoin sub 60K levels in focus after daily crypto liquidations near 300M 2024-04-30
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32 Terraform proposes 1M penalty for SEC case no relief or disgorgement 2024-04-30
33 Solana illustrates the dark side of monolithic blockchains 2024-04-30
34 Samourai Wallet co founder pleads not guilty released on 1M bond 2024-04-30
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36 Hong Kong ETFs begin trading issuers unfazed if US declares ETH a security 2024-04-30
37 EigenLayer users fume over restrictive airdrop others say its generous 2024-04-30
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39 Stablecoin firm Tether invests 200M in neurotech company 2024-04-29
40 Omnity rolls out integration for no fee Runes trading 2024-04-29
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43 OpenAI announces new publishing deal as race to license content heats up 2024-04-29
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45 North Korean Lazarus Group has laundered over 200M in hacked crypto since 2020 2024-04-29
46 68 of Runes are in the red Are they really an upgrade for Bitcoin 2024-04-29
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US news that has a significant impact on the market

at news day date time
1 Federal Funds Rate Wednesday 01-05-2024 19:00
2 FOMC Statement Wednesday 01-05-2024 19:00
3 FOMC Press Conference Wednesday 01-05-2024 19:30
4 Challenger Job Cuts y/y Thursday 02-05-2024 12:30
5 Unemployment Claims Thursday 02-05-2024 13:30
6 Prelim Nonfarm Productivity q/q Thursday 02-05-2024 13:30
7 Prelim Unit Labor Costs q/q Thursday 02-05-2024 13:30
8 Trade Balance Thursday 02-05-2024 13:30
9 Factory Orders m/m Thursday 02-05-2024 15:00
10 Natural Gas Storage Thursday 02-05-2024 15:30
11 Average Hourly Earnings m/m Friday 03-05-2024 13:30
12 Non-Farm Employment Change Friday 03-05-2024 13:30
13 Unemployment Rate Friday 03-05-2024 13:30
14 Final Services PMI Friday 03-05-2024 14:45
15 ISM Services PMI Friday 03-05-2024 15:00
16 FOMC Member Williams Speaks Saturday 04-05-2024 01:15

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