Market Cap: $1 533 570 749 953 (3.56%)
  • Volume 24h: $163 939 427 106 (10.69%)
  • Market Cap Change 24h: 3.56%
  • BTC dominance: 58.94%

Vertcoin VTC

Vertcoin (VTC) is a payment method that has all the parameters of full digital currency

Vertcoin is a cryptocurrency, which was developed for ordinary people with normal computers, not farms, and especially ASICs. Vertcoin is very stable for mining and cryptocurrency revenue, because it is protected from powerful commercial mining systems.

Proof Type: Proof of Work (PoW) Algorithm: Lyra2RE CMC Rank: 471
  • USD: $0.55
    1h: 0.76% 24h: 2.85% 7d: 4.58%
  • BTC: 0.000011 BTC
All Time High: $9.80 3 years ago
Current price is -94 % from ATH
Market
  • Cap: $32 394 976
  • Vol 24h: $60 985 (0.19 %)
Supply
  • Circulating: 59 019 274 VTC (70.3 %)
  • Total: 84 000 000 VTC (100.0%)
  • Max: 84 000 000 VTC

Vertcoin Price Chart

About Vertcoin

The development of ASIC devices for SHA-256 and Scrypt algorithms made mining on Bitcoin, Litecoin and their forks, working on the same algorithms, unprofitable. At the same time, there was a threat of centralization of the network around large data centers involved in the extraction of digital money on an industrial scale. The development of Vertcoin set its goal to eliminate the possibility of creating ASIC-devices for the extraction of cryptocurrency. This approach increases network decentralization and supports the mining of ordinary users. Creating the basis of Vertcoin was an improved version of the algorithm of Litecoin - Scrypt Adaptive N-Factor. Its distinctive feature was the increase in requirements for RAM by half. However, soon some manufacturers released ASIC for this version, which significantly reduced the value of VTC cryptocurrency. In early 2015, Vertcoin switched to the Lyra2RE algorithm. Its advantage is providing protection through parameters that are changed every few years, which makes the development of ASIC devices unprofitable. Also, the new algorithm reduces electricity consumption and heat the GPU.

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VTC Supply Allocation

Vertcoin All Time High Chart

Vertcoin Social

Twitter Stats
  • Followers: 83,511
  • Lists: 828
  • Favourites: 1701
  • Update Frequency: 0.5 statuses/day
  • Created: 7 years ago