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Tag: Vertcoin

ASIC Mining and How it Is Undermining the Decentralized Nature of the Blockchain

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Mining, News, Tech

ASIC Mining and How it Is Undermining the Decentralized Nature of the Blockchain

When the mysterious Satoshi Nakamoto put forth his ideas for the creation of bitcoin in the 2008 white paper, one of the most obvious philosophies was the elimination of centralized systems and their replacement with a decentralized network. This idea was not unique to Nakamoto alone as many of the pioneers of the blockchain were unanimous in their desire to…

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Vertcoin Developer Proposes Hardware Device for Lightning Network

Category: Altcoins, Bitcoin, Blockchain, News

Vertcoin Developer Proposes Hardware Device for Lightning Network

James Lovejoy, the lead developer of Vertcoin, recently spoke at the MIT Bitcoin Expo 2018, held March 18, on the subject of bitcoin’s upcoming Lightning Network and the technical challenges it may face once fully rolled out. During his presentation, he also explained how a new forthcoming hardware-based project, named Litbox, can potentially assist in the successful deployment of the…

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Vertcoin Insulated from Cryptocurrency Market Downturn on Mar. 22

Category: Altcoins, Commentary, News, Price Analysis

Vertcoin Insulated from Cryptocurrency Market Downturn on Mar. 22

Vertcoin has posted gains, insulated from a wider cryptocurrency market downturn, with bitcoin and other major altcoins down more than three percent on March 22. There are a few technical indications that the next 4-hour/daily sessions are ones to watch for a major trend reversal in vertcoin (VTC). Vertcoin has tested the 0.000300 barrier against bitcoin (BTC), the highest in…

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Vertcoin Pushes to a One-month High as Crypto Markets Rebound

Category: Altcoins, News, Price Analysis

Vertcoin Pushes to a One-month High as Crypto Markets Rebound

Vertcoin (VTC) has pushed to a one-month high, attempting the $5.00 handle on February 20 as cryptocurrency markets rebound and bitcoin regains $11,000. The altcoin has been buoyed by an update on the open-source miner for AMD GPUs(which has long been absent), the re-opening of account registrations on Bittrex and anticipation of the VTC-dedicated exchanges Vertbase and Vertpig. Outlook for…

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Vertpig: Building an Ecosystem for Vertcoin

Category: Altcoins, Business, Finance, News

Vertpig: Building an Ecosystem for Vertcoin

During January 2018, BTCManager reported on the exciting new potential alternative to Coinbase, Vertbase. Whereas Vertbase aims to be a method to purchase Vertcoin (VTC) for fiat currency directly, Vertpig wants to be the ultimate cryptocurrency exchange for VTC users. The exchange will offer all trading pairs in Vertcoin. Quick review: What is Vertcoin? For those who are unfamiliar, Vertcoin…

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Buy Vertcoin with USD? Vertbase Could Make It Happen

Category: Altcoins, News

Buy Vertcoin with USD? Vertbase Could Make It Happen

For those who are new to cryptocurrency, buying altcoins can sometimes seem like a daunting task. Usually, one must first get their hands on bitcoin before anything else. Then, they will need to send that bitcoin to an exchange (and likely pay a hefty fee in doing so), exchange it for their desired alt (and pay another fee), then finally…

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Vertcoin Just Underwent its First Block Reward Halving

Category: Altcoins, Blockchain, News

Vertcoin Just Underwent its First Block Reward Halving

Popular altcoin, Vertcoin (literally green coin) underwent a block reward halving on December 11. The effect will be all newly mined blocks will see their reward dropped from 50 VTC to 25 VTC, with the halving occurring on block 840,000. What is Vertcoin? Vertcoin is a currency-use focused cryptocurrency that is staunchly anti-ASIC and pro-decentralized mining. It’s a Lyra2RE based…

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Vertcoin Updates the One-Click Miner Making it even Easier to Use

Category: Altcoins, Mining, News

Vertcoin Updates the One-Click Miner Making it even Easier to Use

Mining Vertcoin (VTC) has now become even easier. The Vertcoin Team has recently released a new update for the easy to use One-Click Miner. This update is said to put the software working smoothly and more efficiently. In August, the Vertcoin team announced a new, easy-to-use miner to the community and released a Beta version, which was a huge step…

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First-Ever Atomic Cross-Blockchain Swap Between Litecoin and Decred Completed

Category: Altcoins, Blockchain, News

First-Ever Atomic Cross-Blockchain Swap Between Litecoin and Decred Completed

On September 19, the developers behind Litecoin and Decred successfully completed the first-ever cross-blockchain atomic swap between the Decred and Litecoin blockchain networks. Previously, Litecoin creator Charlie Lee proposed the possibility of performing atomic swaps between litecoin and bitcoin upon the integration of the Bitcoin Core development team’s transaction malleability and scaling solution Segregated Witness (SegWit). On-chain atomic swaps completely…

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Three Reasons Why it May be Vertcoin’s Time to Shine

Category: Altcoins, Commentary, News

Three Reasons Why it May be Vertcoin’s Time to Shine

Vertcoin (VTC) managed to push to its highest level since March 2014, flirting with the $1.00 handle recently. A boost in the number of active addresses on the network correlates with Litecoin’s Segwit activation during May 2017. VTC-BTC was a strong performer in August, with the largest monthly gain in over three years. Bitcoin’s SegWit activation and the rising tide…

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