Vertcoin | The sleeping giant | Hurry up before its late | Skyrocketing


Source: Crypto Coins Market
Vertcoin claims itself to be the "People's Currency", a financial system owned truly by its users. The problem with bitcoin is that it is now centeralized to a fair extent and is susceptible to 51% attack, which means that if someone has 51 % control of the mining power, they are able to manipulate the blockchain which is a serious threat. Due to large mining rigs spread over some specified areas, bitcoin has become centeralized. However, vertcoin claims to be resistant to custom mining hardware and mining pools which means that you can mine it with CPU and GPU.

The technical specification of vertcoin are as follow.

  • Algorithm: Lyra2RE(v2)
  • Generation: 84 million
  • Block time: 2.5 minutes
  • Block Rewards: 50 coins per block
  • Subsidy halves every 840,000 blocks (~4 years)
  • Difficulty Re-Target Time: Retargets every block (Kimoto’s Gravity Well)
  • Premine: Zero

The value of vertcoin has started to increase from the past month
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Source: Coinmarketcap.com

One thing to note here is that vertcoin only has a supply of 80 million and current circulating supply is 40 million which means that the value of vertcoin is going to explode soon. So hurry up before it is too late.
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