The Vertcoin Index

We are happy to announce the addition of our Vertcoin Index. It's the third of many altcoins that will be supported.

Vertcoin is a modified version of Litecoin with a change in the algorithm to something called an Adaptive Nfactor. Put simply, this change is an attempt to make the ASICs (dedicated mining computers) being developed for other altcoins, such as Litecoin, incompatible with Vertcoin. Also it has the Kimotos Gravity Well implemented, which makes it less vulnerable to the effects of multipools, but we will go over that in a future post.

As digital currencies mature, mining power is being concentrated due to ASIC farms and huge multipools.

ASICs This weakens security for us all

Vertcoins algorithm has been designed to resist the development of custom mining hardware, and multipool mining ensuring that transactions are validated by a widely distributed network and avoiding the selling pressure when large mining pools indiscriminately flood the market with freshly mined coins. Vertcoin.org

Main Website: https://vertcoin.org/

Source: https://github.com/vertcoin/vertcoin

Block Explorer: http://vertexplorer.com/

Confirmation time: 2.5 Minutes (The same as Litecoin) (Bitcoin is 10 minutes) (Litecoin is 2.5 minutes)

Total Currency Units: 84 Million Coins (The same number as Litecoin) (Bitcoin will have 21 million units)

Deflationary