Review on Vertcoin by Mr Benji

Name: Vertcoin
Item: Vertcoin
Rating: 4

June 27, 2019

Vertcoin

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- Vertcoin is often called a "coin of the people" 
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Who are the Vertcoin team members?
- Every developer or other member of Vertcoin team is a volunteer. All funds are collected from donations sent to users who have confidence in the project. In open-source environment.
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- Lead developers behind Vertcoin are constantly striving to bring their users progress in their blockchain-related technology. The open-source community allows group brainstorming and information sharing as well as integrating new features into the system. 
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Specifications?
- Vertcoin uses the Lyra2RE (v2) algorithm. Premine was none and difficulty retarget timer is set to retarget with each block using the Kimoto's Gravity Well algorithm.

- Segregated Witness (Segregated Witness) was activated in May 2017, and developers said it was the best choice to keep transactions flexible. SegWit increased the block size limit while allowing developers to implement second-layer solutions to further improve Vertcoin.

- Vertcoin also uses the lightning network for instant blockchain transactions that are also scalable.

- Developers are also working on hidden addresses
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Mining?
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- One word: proof-of-work. Well, that's one good one word, but you 
understand the point. This is the process of using your computer's performance to validate transactions on Vertcoin. The decision to miss the VTC makes sense in the eyes of the miners, because they don't have to worry about any big hardware mining manufacturers who would use unscrupulous methods; they won't work as I mentioned a while ago.
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