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What is Vertcoin (VTC) and how does it work?

by Financial Economy

Vertcoin is a decentralized currency owned by its users. It is a P2P cryptocurrency on the same chain as Bitcoin and Litecoin. Like its two predecessors, Vertcoin only exists as a currency and uses proof-of-work (PoW) to achieve distributed consensus. Information about some topics that what is Vertcoin (VTC), how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about CREAM Finance coin.

What is Vertcoin (VTC) and how does it work?

Vertcoin (VTC) is a blockchain project that aims to make cryptocurrency mining accessible to everyone. Vertcoin, which has a similar structure to the leading cryptocurrency Bitcoin (BTC) and popular altcoins Litecoin (LTC), benefits from a different consensus algorithm. This algorithm makes mining resistant to ASICs.

Branding their project as “the people’s money,” Vertcoin’s team believes ASIC resistance has brought about a fairer, more democratic currency for users and miners alike. Along these lines, Vertcoin is a program designed to make mining more accessible to the general public.

When was Vertcoin released?

The Vertcoin project was launched in 2014 as an alternative Proof of Work blockchain. Vertcoin which aims to transform mining into its old days, wants to create a mining ecosystem without ASIC mining.

Which exchange is VTC coin on?

Vertcoin coin is listed on some cryptocurrency exchanges such as HitBTC, Changelly PRO, CoinEx, Finexbox, Bitvavo, etc.

How to buy VTC coins?

Vertcoin coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

VTC coin supply!

Total supply of Vertcoin coin is 64.259.560 VTC.

VTC coin price!

As of June 2, 2022, at the time of the writing, 1 Vertcoin coin price is around $0,169 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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