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Topic Summary

Posted by: devnullius
« on: 11. February 2014., 19:27:56 »

Guys - this coin is gaining more and more serious support - and I found another giveaway!!

Yeah, go here: https://twitter.com/Bentyn/status/431103100816867328

Just retweet the thing and it should be all ok ;-)



Karma!

Devnullius


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Posted by: devnullius
« on: 02. February 2014., 21:18:36 »

Seems to be something special? I'm open for donations :) VonHkkXeDtFXwfDtNxoRHQi9KCAYfrMD12

Some copy pastes from: http://vertcoin.org/ . For source code, exchanges and contact, visit original page :)

Quote
What's the issue with Litecoin derivatives?
Centralization of mining power weakens security for everyone

As digital currencies mature, mining power is being concentrated due to ASIC farms and huge multipools.

This weakens security for us all

Vertcoins algorithm has been 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

For more detail, read the Vertcoin Paper by David Muller http://vertcoin.org/Vertcoin-DavidMuller.pdf.

Quote
Technical Details

Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane)
Generation: 84 million VTC
Block time: 2.5 minutes
Block Rewards: 50 coins per block
Subsidy halves every 840,000 blocks (~4 years)
Difficulty Re-Target Time: Every block with Kimotos Gravity Well algorithm
Premine: Zero - not premined

Download the Vertcoin wallet: http://vertcoin.org/downloads/Vertcoin-setup.exe (Mac: http://vertcoin.org/downloads/Vertcoin-Qt-MacOSX.zip)


Karma I guess :)

devnullius
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