Vertcoin VTC Antminer S1
Oct 30, 2017 From their website: Vertcoin is a digital currency (cryptocurrency) that can be sent between people over the internet. Vertcoin (VTC) stays true to the. Antminer S1 Overclock – Overview By muxonated Posted on August 16, 2017 December 12, 2017 Vital Pieces of Antminer S1 Overclock The S3 is just one of my favourite miners together with the Spondoolies-Tech SP10Dawson.
Vertcoin is a decentralized currency owned by its users. The people’s coin. Lightning Network SEGWIT Enabled ASIC resistant money with Atomic Swaps.
Official Website: Join Vertcoin Discord: Twitter: Roadmap. Facebook: Instagram: Donations: Credit: @alottamoney, @mookymice, @thick_n_froggy, @dailycryptocast, VTC Marketing Team What is Vertcoin? Vertcoin is a digital currency that can be sent between people over the internet. Vertcoin (VTC) stays true to the original vision of cryptocurrency: a financial system owned by its users, the people’s coin. Vertcoin is not controlled by large banks or mining hardware manufacturers and can be mined by anyone profitably. Fairly distributed without a premine, ICO or airdrop, Vertcoin is developed by community members working as volunteers and the project is wholly funded by donations.
A finite resource similar to gold, you can rest assured that Vertcoin will keep your money safe from vested interests and ensure that transaction fees are proportionate and shared between a large number of miners. With Vertcoin, you can truly be your own bank. Designed to resist centralization Vertcoin’s algorithm is designed to resist the development of custom mining hardware and multipool mining, ensuring that transactions are validated by a widely distributed network and avoiding the selling pressure when large mining pools indiscriminately flood the market with freshly mined coins. Our developers have pledged to take whatever steps are necessary to protect this coin from specialized mining equipment and make sure that it will always be possible to mine with consumer grade hardware. This is great news for miners because it offers the opportunity for all miners to compete fairly with each other, and not have to risk falling victim to unscrupulous hardware manufacturers who may fail to deliver pre-ordered equipment.
Specifications Algorithm: Lyra2RE(v2) Generation: 84 million Block time: 2.5 minutes Block Rewards: 25 coins per block Subsidy halves every 840,000 blocks (~4 years) Difficulty Re-Target Time: Retargets every block (Kimoto’s Gravity Well) Premine: Zero SEGWIT Enabled Lightning Network Original video source.
• Bounties for development • • Ticker • VTC Price: 3.048 • VTC Price: 0.0003647 • Change (24h): 3.76 • Change (30d): -15.73 • Volume (24h): 83 • Updated: 02-03 03:02 GMT • • Join us on Discord • Technical Details Algorithm: Lyra2REv2 Max Coins: 84 million. Block time: 2.5 minutes Subsidy halves every 840,000 blocks (~4 years) Difficulty Re-Target Time: Every block with KGW algorithm Block Rewards: 25 coins per block Subreddit Essentials Vertcoin Official IRC: #vertcoin on Exchanges: VTC/BTC: VTC/BTC: VTC/BTC: VTC/EUR: VTC/BTC: VTC/BTC: VTC/GBP/EUR Merchant Tools: Vertcoin payment processor Services Mining Block Explorers, Other stuff Useful Subreddits. We're the people's coin, independent from mining cartels. Bitmain makes 70%+ of all bitcoin miners and possibly more than that% of litecoin miners.
Vertcoin is the independent fork of bitcoin core's code. When the drama unfolds in November over segwit2x and other miner vs user issues a decentralized coin like Vertcoin can shine. It's no surprise that Vertcoin was able to implement segwit faster than the mining cartel coins, and when it comes to future developments decentralization will remain important. Is DigiByte DGB Mining Legal In The Us.
Total DigitalNote XDN Mined. Do you mean the halving on December 11th? What happens is with every block the miners solve they are rewarded 50 vertcoin on top of the transaction fees. The 50 vertcoin reward is the inflation rate of coins added to the total supply.
In December the inflation rate is halved from 50 vertcoins to 25 vertcoins per block. So all this means is that miners who solve the Lyra2REv2 algorithm that secures our blockchain, their reward is being halved from 50 vertcoin per block to 25 vertcoin per block. This means the inflation percentage is being cut in half. It has nothing to do with burning coins or anyone who owns keys being burned in any way. All it means is that instead of 50 coins per block + transaction fees is cut to 25 coins per block + transaction fees. This is the same distribution rate that bitcoin and litecoin follow. Bitcoin being the oldest they halved from 50 to 25 to now only 12.5 per block + transaction fees.
The idea behind this is that hopefully the blockchain becomes popular enough that transaction fees can sustain the miners securing the chain. So to get the blockchain going they initially reward miners 50 coins, but in time that halves to 25 to 12.5 to 6.25 to 3.125 etc. Until the rewards are negligible and the transaction fees pick up the slack. This makes our type of blockchain deflationary vs what our current monetary system is inflationary. This means if our blockchain becomes popular we are rewarded because we supported it and held coins earlier than other people vs something like a FIAT Keynesian economic system where you have to spend money to beat the yearly inflation percentage which fluctuates depending on what the federal reserve thinks.
• • • • • • •. 1 Vertcoin never had a pre-mine, i.e. It has fair distribution 2 Less China FUD since it's got very little presence in China (be it nodes/mining or on exchanges) 3 Vertcoin is a VERY friendly coin for casual enthusiasts to mine! Its ASIC-resistance discourages large-scale farming attempts and the only prerequisite is a decent GPU, and the upcoming One-Click Miner program simplifies the process greatly. 4 As a result of ASIC-resistance, it is more decentralised than its big brothers Litecoin and Bitcoin. Vertcoin is the people's coin.
Vertcoin is fighting for the values that Bitcoin has lost.