About the Vertcoin
Vertcoin is a digital currency which can be sent
from peer network on the Internet. Though Vertcoin is similar to LTC and BTC, one essential distinction; ASIC Resistance. Though it can seem minor change, actually it has much bigger consequences, so far as concerns equitable distribution, policy and decentralization of a coin. Vertcoin remains faithful to original vision of a cryptocurrency: the financial system belonging to its users, a national coin.
Why ASICs are harmful to cryptocurrency
While ASIC can use more effectively coins, such as Bitcoin and Litecoin, in comparison with graphic processors, their implementation, unfortunately, created a new problem. Unlike graphic processors or processors, every day the person has no and will never have ASIC. Actually, the majority of development of Bitcoin and Litecoin are not executed by its users. The majority of these machines belong and are operated by large mining companies and vendors of ASIC, it is a problem. It creates an environment in which the companies eventually control coins of ASIC and are interested in receiving profit on progress. All of us witnessed politicians Bitcoin, Bitcoin Cash and Segwit2x. It is not the first time when we saw the drama, similar to this, and it will not be last. Vertcoin foresaw the problems connected to ASIC which would be involved in this space and stability of ASIC are committed. Now, when you are more familiar with Vertcoin, let's begin!
Getting Started
To begin work with Vertcoin, the first that it is necessary for you, it is a purse. Purses are necessary for storage, sending and receiving your coins (the closed keys) on your computer or the mobile device. At control of your purse you will create a set of the accepting addresses. These addresses have to be used when receiving VTC. Several available purses are listed below.
Wallet
- Vertcoin Core Wallet — https://github.com/vertcoin/vertcoin/releases/tag/v0.11.1.0
- VTC Electrum Wallet (p2pool unsupported) — https://github.com/vertcoin/electrum-vtc/releases/tag/2.8.2.2-ui
- Vertcoin web wallet (p2pool unsupported) — https://wallet.vtconline.org
Mining VTC
Mining Vertcoin helps to protect transactions on a network and to process transactions, but also is an excellent method for creation of Vertcoin. As Vertcoin is launched with use of graphic cards (graphic cards), most likely, you already have fact that it is necessary for you to start operation. It is only the high-level overview therefore we will not go into details here, but the only thing that it is necessary for you to start development - it is Vertcoin purse, the computer with the graphic processor and the miner - the small program which reports to your GPU what to mine .
Several miners who you can use for production of Vertcoin are listed below:
- Ccminer (Nvidia): https://github.com/tpruvot/ccminer/releases
- sgminer (AMD): https://github.com/nicehash/sgminer/releases
Buying VTC
Depending on that, where do you live, process of purchase can be a little other. The majority of Vertcoin is gained with bitcoin at the exchange.
Various exchanges which support trade of Vertcoin are listed below.
- Bittrex — https://bittrex.com/Market/Index?MarketName=BTC-VTC
- Poloniex — https://poloniex.com/exchange#btc_vtc
- LiteBit (EUR) — https://www.litebit.eu/en/buy/vertcoin
- Bittylicious (GBP) - https://bittylicious.com/
- Jubi (CNY) -http://www.jubi.com
- YoBit -https://yobit.net/en/trade/VTC/BTC
- Bleutrade - https://bleutrade.com/exchange/VTC/BTC
To put it plainly, Vertcoin is a coin with simple principles. No politics. No centralized ASIC farms. No bullshit. Just the coin.
Follow, Resteem and VOTE UP @keks blogger of https://steemit.com and always I hope for your help. |
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How is VertCoin ASIC resistant?
Wow, price vercoin 4,16 $
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Great to see this post on Vertcoin - it's a terrific coin! Looking forward to seeing it's ongoing process. So much growth for Vertcoin ahead