About Vertcoin

Vertcoin is a decentralized digital currency owned equally by its user community, functioning as a peer-to-peer (P2P) cryptocurrency similar to Bitcoin and Litecoin. The creation of Vertcoin was motivated by the increasing prevalence of Scrypt-based ASIC mining chips, which are used to mine cryptocurrencies like Litecoin and Dogecoin. This development, combined with powerful mining pools, risks centralizing control over the network, making it vulnerable to 51% attacks and potential monopolization. To counter this, a Scrypt-Adaptive-N parameter was introduced. Vertcoin is fully open-source with no premining, and its total supply is capped at 84 million coins. It is considered the next generation of cryptocurrency due to its unique hashing algorithm, which may inspire other altcoins to adopt...