Also known as VTC
Vertcoin (Abbreviation: VTC) is an open-source cryptocurrency created in early 2014, that focuses on decentralization. Vertcoin uses a proof-of-work mechanism to issue new coins and incentivize miners to secure the network and validate transactions. Vertcoin is designed to be mined via graphics cards instead of through ASICs.
Vertcoin is a fork of Bitcoin that is designed to resist the monopolisation of mining power. 2.5 minute block targets Subsidy halves in 840k blocks (~4 years) 84 million total coins 6.25 coins per block Difficulty retargeting every block to recover from large hashrate swings Verthash proof of work algorithm for ASIC resistance The master branch is regularly built and tested, but is not guaranteed to be completely stable. Tags are created regularly to indicate new official, stable release versions of Vertcoin Core. Developers work on their own forks and submit pull requests in order to merge changes with master . Due to the relatively small size of the development team, developers also commit directly to the repo often. Anyone is allowed to contribute though and useful pull requests will almost always be accepted given various obvious stipulations regarding stability etc. Vertcoin currently relies on Bitcoin Core for its testcases, and few of them are known to work, though the software is based on fully tested conforming upstream Bitcoin Core versions. We would be grateful to those who can help port the existing Bitcoin Core test cases to Vertcoin such that they can be used to assure correctness.
Excerpt from the source-code README · 2,169 chars · not written by Vinony
~1 min read
Vertcoin (Abbreviation: VTC) is an open-source cryptocurrency created in early 2014, that focuses on decentralization. Vertcoin uses a proof-of-work mechanism to issue new coins and incentivize miners to secure the network and validate transactions. Vertcoin is designed to be mined via graphics cards instead of through ASICs.
==History== Vertcoin aims to be decentralized by being difficult to mine using dedicated processors, known as ASICs. Vertcoin is open source and has a 2.5-minute block time.
via Wikidata sitelinks · CC0
via Wikidata · CC0
Discovered by embedding cosine similarity (sentence-transformers MiniLM, 384-dim).