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2891.25 Karma

Review on Vertcoin by Robiul Islam

Revainrating 3 out of 5

Wonderful project It has no pre-mines, no ICO, The developers are very active…

Wonderful project It has no pre-mines, no ICO, The developers are very active on Reddit and Discord, answering queries from the community. Vertcoin is specifically designed to be decentralized, with mining kept in the hands of its users rather than mining conglomerates. Vertcoin is a coin with simple principles. They aim to provide a truly decentralized currency by placing the power to mine and secure the network in the hands of everyone. It’s a fairly standard cryptocurrency, much like Litecoin. It has the same 84 million coin supply limit and 2.5-minute block creation time. You can probably expect quick and cheap blockchain transactions.



Updated 5 years ago
Rating changed from 4 to 3
A lot of changes has been made to the Verthash GPU miner:
  • New pipelines for CUDA and OpenCL backends (better performance per watt, reduced memory requirements etc) .
  • New build system (removed/changed several dependencies — this will simplify compilation for Windows platform) .
  • New configuration options and more error checks and New profiler.
  • The redesign of Vertcoin(dot)org is still hot, the simplicity of the new design will make it easier for new users to understand.

    

    Pros
    • Advantages of Vertcoin: Lead Dev's work on the LIT box should make it easier to use/run a Lightning Network node. Dedication to ASIC resistance. You can profitably mine it without having to purchase mining hardware. Good team that have proven themselves many times. Allows new users and GPU miners to mine and use an effect coin. Had a successful atomic swap with Litecoin. One click miner makes it easy to mine.
    Cons
    • Not a hugely popular coin.