What makes Vertcoin different? Vertcoin, sometimes called "the people’s coin", was built to resist centralization. Although it uses blockchain technology like Bitcoin, Vertcoin was designed so that anyone can mine the currency profitably since it is ASIC resistant. This prevents hardware manufacturers and large mining farms from controlling the infrastructure. Vertcion’s algorithm was configured to resist the development of mining hardware and multipool mining. This ensures that it’s transactions are validated by a widely distributed network. By design, it avoids the selling pressure that large mining pools can place on the market by flooding it with freshly mined coins.
From the beginning, Vertcoin was fairly distributed, without a premine, ICO or airdrop. The Vertcoin project itself is funded by donations of the Vertcoin currency. The transaction fees are proportionate and shared between a large number of miners. Vert coin’s “1-Click Miner” allows anyone with a computer to begin mining the currency. It has established itself as one of the most profitable currencies to mine by the average user. Watch the video to learn more about the project, or head over to Vertcoin.org for more information or to donate to the team.
