A day after on Sep. 20, 2017, Charlie teamed up with James Love Joy, the lead developer
of Vertcoin, to perform another Atomic Swap.
You can now
use Vertcoin to pay for your games, gift cards and software.
ASIC - resistant cryptocurrencies
like Vertcoin are meant to be more egalitarian, so anyone can profitably mine them on their home computer.
One
Vertcoin coin can currently be purchased for approximately $ 2.30 or 0.00027075 BTC on popular cryptocurrency exchanges including Poloniex,...
You can find the official
Vertcoin wallet here, although a range of other wallets, such as Electrum and Coinomi, can also support it, as can hardware wallets like the Ledger Nano S.
After Bitcoin, the SegWit scaling update has now been introduced to Litecoin along with some other cryptocurrencies
including Vertcoin, Groestlcoin, and Viacoin.
Both users submit transactions to both blockchains: one
on Vertcoin and one on Litecoin.
Vertcoin developer and project manager «etang600» emphasized, however, that this had nothing to do with SegWit itself — only with how they implemented it.
The
post Vertcoin's Offical Twitter Account Hacked and Assures to Provide Bitcoin Giveaway appeared first on Cryptocurrency encyclopedia Cryptocurrency information Cryptocurrency News.
The other cryptocurrencies already available on the app include Bitcoin [BTC], Bitcoin Cash [BCH], Dash [DASH], Dogecoin [DOGE], Ethereum [ETH], Ethereum Classic [ETC], Golem [GNT], Litecoin [LTC], OmiseGO [OMG], Qtum [QTUM], Ripple [XRP], Vertcoin [VTC] Zcash [ZEC], Bitcoin Gold [BTG], Stellar Lumens [XLM], DigiByte [DGB], Augur [REP], Status [SNT], Stratis [STRAT] and 0x [ZRX].
Other similar
altcoins Vertcoin and peercoin have both modified the bitcoin protocol to lessen the computing demands.
As a result of an implementation bug,
Vertcoin initially suffered a setback from their Segregated Witness integration: the blockchain forked in two.
Once Lightning is operating on a second blockchain - in this
case vertcoin, which also recently activated SegWit - cross-chain atomic swaps between the two chains will be possible.
In other words,
Vertcoin wants to avoid control by banks or other centralized mining powers.
Additionally, the Lightning Network has the «Atomic Cross-Chain» which
allows Vertcoin to be exchanged directly into either Litecoin or Bitcoin, decentralizing the exchanges.
Vertcoin also utilizes the Lightning Network for instant blockchain transactions.
And since graphics cards are a lot more accessible and affordable for everyday users, this ASIC resistance
means Vertcoin mining is set to be decentralized, open to anyone and not just large mining factories.
So if you think of the crypto ecosystem as being divided up into categories of use cases, then you can
slot Vertcoin with the OG payment cryptocurrencies like Bitcoin and Litecoin.
Vertcoin foresaw the issues ASICs would bring in to this space and is committed to remaining ASIC resistant
Vertcoin offers a good case study on mining difficulty relative to profitability.
Two other factors contribute to the popularity
of Vertcoin.
This year, Litecoin has successfully accomplished Atomic Swaps with other currencies
like Vertcoin and Bitcoin.
One
Vertcoin coin can now be bought for approximately $ 2.69 or 0.00031016...
Beyond Bitcoin: «Testbed» for SegWit After Bitcoin, the SegWit scaling update has now been introduced to Litecoin along with some other cryptocurrencies
including Vertcoin, Groestlcoin, and Viacoin.
According to Charlie Lee, the founder of litecoin, who is committed to atomic swaps, all that is left is to get Lightning fully operational on litecoin, and then begin testing it
on vertcoin.
Bitcoin, Litecoin, Ethereum, Ripple, Monero, Dash, NEO, IOTA Lightning Network, SegWit, Augur, Steemit, privacy, ICO, block time, Proof of Work, Proof of Stake, NEM, Peercoin,
Vertcoin, Iconomi, Dogecoin, Zcash, BitShares, Walton, mining, hashrate, mining difficulty, blockchain, coinbase, merkle, transaction rate, decentralized exchange, annual inflation rate, total market cap, bitcoin cash, BTC
The same occurred to
the Vertcoin account earlier this week.
The initial list of cryptocurrencies to be supported starting today includes: Bitcoin, Ether, Litecoin, XRP, Bitcoin Cash, Ethereum Classic, Dash, Zcash, Dogecoin, Golem, OmiseGO, Qtum, and
Vertcoin.
What is
Vertcoin and Why Was it Created?
Vertcoin is a Proof - of - Work (PoW) cryptocurrency originally created on January 2014, as a masters project by a group of students.
Designed to be mineable by anyone who has access to a computer and the Internet, ASIC - resistant cryptocurrencies like RVN and
Vertcoin (VCN) are meant to be more egalitarian.
I'm planning to continue investing in cryptocurrencies — namely Bitcoin and
Vertcoin.
600K is invested into Cryptocurrencies such as Bitcoin (for long term) and
Vertcoin (for short - term trading).
Announced today, bitcoin cash, dash, dogecoin, ethereum classic, golem, litecoin, omisego, qtum, XRP,
vertcoin and zcash will be immediately available on the app.
Bitcoin Gold (BTG), Stellar Lumens (XLM), DigiByte (DGB), Augur (REP), Status (SNT), Stratis (STRAT) and 0x (ZRX) is now be available on the app, in addition to Bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), Dogecoin (DOGE), Ethereum (ETH), Ethereum Classic (ETC), Golem (GNT), Litecoin (LTC), OmiseGO (OMG), Qtum (QTUM), Ripple (XRP),
Vertcoin (VTC) and Zcash (ZEC).
These join the 13 tokens already offered through the app: Bitcoin, Bitcoin Cash, Dash, Dogecoin, Ethereum, Ethereum Classic, Golem, Litecoin, OmiseGO, Qtum, Ripple,
Vertcoin and Zcash.
Litecoin,
Vertcoin and Viacoin all seemed to have been caught in Bitcoin's political game.