Vertcoin is a digital currency based on peer-to-peer system that help people to make payments to anyone in the world simultaneously. It derived from Bitcoin and Litecoin but differs from them in term of mining equipment. Vertcoin focuses only on normal desktop, laptop or servers. Vertcoin also could be mined with GPUs. Vertcoin believes that everyone who has personal computer should be able to join the Vertcoin network. Vertcoin provides transaction confirmations (2.5 minutes on average) same as Litecoin and uses a scrypt-adaptive-Nfactor mining proof-of-work algorithm which different from Litecoin slightly. The Vertcoin network will produce totally 84 million currency units. According to ASIC miners in Bitcoin and Litecoin, Vertcoin developers realizes this issue. Vertcoin derived Nfactor from Yacoin for preventing ASICs.
Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane)
Max Coins: 84 million vertcoins.
Block time: 2.5 minutes
Subsidy halves every 840,000 blocks (~4 years)
Difficulty Re-Target Time: Every block with Kimotos Gravity Well algorithm
Block Rewards: 50 coins per block
RPC port 5888
I second this. A coin with a very bright future. Entirely asic resistant due to the large memory requirements when mining.
Yeah, love this coin - it deserves an early listing - novel and once the word gets out this will see a lot of volume, especially with the Gridseed GC3355 Scrypt ASICs on the way
add this coin :)
This coin has something new due to the nFactor changes.
Very good coin with fair launch. Please add.
Would like to trade here. Coin had a fair launch.
Looks like a promising coin with nice innovation.
The memory requirements make it ASIC resistant. Please add.
I'm liking this coin for the innovation, we have not seen something with this degree of difference for a while. Please consider adding to the exchange, many thanks MB.