Cryptocurrency Q&A
When did Vertcoin come out?
When did Vertcoin come out?
Federico
Sun Nov 03 2024
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5 answers
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Vertcoin, often referred to as VTC, emerged in the cryptocurrency market in 2014. It was designed with a unique algorithm, Adaptive N-factor in Scrypt, to resist ASIC mining and promote decentralization. This coin stands out for its commitment to fairness in mining by allowing more people to participate with their GPUs.
5 answers
Martino
Tue Nov 05 2024
Vertcoin is a digital currency that emerged as a result of a hard fork from Bitcoin.
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TaekwondoMasterStrengthHonorGlory
Tue Nov 05 2024
Launched in 2014, Vertcoin has since become a popular choice for those seeking an alternative to Bitcoin that aligns more closely with the original decentralized vision.
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CryptoTitan
Tue Nov 05 2024
This fork aimed to address the issue of ASIC mining dominance, making Vertcoin unique in the cryptocurrency landscape.
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Ilaria
Tue Nov 05 2024
The creators of Vertcoin believed that ASIC mining centralizes power in the hands of a few large miners, which is contrary to the decentralized nature of Bitcoin.
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Stefano
Tue Nov 05 2024
To combat this, Vertcoin implemented an ASIC-resistant algorithm, ensuring that mining remains accessible to individuals with standard computers.
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