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Vertcoin Coin is a decentralized peer-to-peer crypto currency that provides the user with the freedom to use, invest or mine the currency. Vertcoin calls himself "The people's coin". The company has developed technologies that have been further developed by Bitcoin to make the currency more secure and far-reaching in its areas of application.
Vertcoin has market capital of USD 39,081,027, of which USD 1,367,440 is traded daily in the form of coins. The current Vertcoin price is USD 0.982875 per coin (as of 25.09.2017).
Vertcoin Coin - The Crypto Currency
Vertcoin Coins are primarily based on the goal of offering the user a decentralized platform. The developers of the crypto currency have therefore created a special feature: Vertcoin is immune to Mining Hardware and Multipool Mining.
Each transaction is validated by an extensive network, so there is no sudden devaluation pressure from mass minted coins. However, the individual miner can mine at any time with the Lyra2RE(v2) algorithm with a block time of 2.5 minutes. In return he receives 50 coins per minted block.
Currently Vertcoin is even working on a "1-click Vertcoin Miner", with which it should be possible to mine coins with just one click. Another technology where Vertcoin has gained an advantage over other crypto currencies is SegWit. Vertcoin is also working with Litecoin on atomic cross-chain technology.
With the help of this technology it will be possible to exchange crypto currencies without the need of an official digital stock exchange. Finally, Vertcoin's development team is working on a stealth address technology to improve the security of the general use of Vertcoin Coin.
Through the web wallet, a digital wallet that doesn't even need to be downloaded as an app, shops and sellers can accept the currency as a means of payment and all they need is Internet access. Vertcoin offers its users a quick and easy money transfer.
Vertcoin Coin - The Company
Vertcoin is developed by James Lovejoy, who works with his development team to improve the crypto currency. The company wants to do this together with its large community.
The whole project is completely financed by donations, the company itself does without expenses for marketing measures and invests all financial means into the improvement of Vertcoin. The team around Lovejoy also strives for an "open source community", which is so hot that official information or innovations are shared directly with the users.
Conclusion
Vertcoin Coin, "The people's coin", addresses many problems that other crypto currencies - such as Bitcoin - have not really been able to optimize. Thanks to its numerous technological innovations, Vertcoin can clearly distinguish itself from the competition and thus offers its users a platform on which they can move securely and with many free options for action.