Vertcoin
| Last updated | 6 hours ago |
| Price per VTC in USD | $ 0.041696591999102 |
| Price per VTC in Bitcoin | 0 |
| Volume over the last 24 hours | $ 7,047 |
| Market cap in USD | $ 3,102,230 |
| Change in % over the last hour | -0.04169827 |
| Change in % over the last 24 hours | -0.35976748 |
| Change in % over the last 7 days | -3.98582515 |
| Block chain updated | 4 hours ago |
| Block height | 2664097 |
| Difficulty | 26.412880737931 |
| Current supply | 74400561.306635 |
VTC specifications
| Name | Vertcoin |
| Symbol | VTC |
| Minable | Yes |
| Algorithm | Lyra2REv2 |
| Prooftype | PoW |
| Block explorer | VTC block explorer |
Coin description
Vertcoin is a cryptocurrency designed to be truly decentralized, emphasizing ASIC resistance to promote fair mining accessibility. It operates on a proof-of-work (PoW) consensus mechanism, utilizing the Lyra2REv3 algorithm to ensure decentralization. Vertcoin emphasizes speed, security, and usability, making it suitable for everyday payments.
Vertcoin ASIC Resistance Features
Vertcoin's ASIC-resistant algorithm ensures that mining remains accessible to individuals using consumer-grade hardware, promoting decentralization and fairness. Its integration with the Lightning Network enhances scalability and reduces transaction costs. For example, merchants can accept Vertcoin payments seamlessly while benefiting from near-instant confirmations.
One of Vertcoin's strengths lies in its commitment to decentralization. By resisting centralization through ASIC mining, it fosters a more inclusive and resilient network. Keywords like Vertcoin ASIC resistance and Lyra2REv3 mining are closely tied to this project.