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VertCoin

VertCoin (VTC)

$ 0.04
0.59 %
Main info
News
Comments
Markets
Analytics
Market cap
$3.18M
0.59 %
Volume (24h)
$23.96
0.59 %
Circulating supply
74,375,724 VTC
Total supply
74,375,724 VTC
Max. supply
84,000,000 VTC

About VertCoin

Vertcoin was created in 2014. It is a direct hedge against long term mining consensus centralization on the Bitcoin mining network. Vertcoin achieves its mining consensus solely through Graphics Cards as they are the most abundant / widely available consensus devices that produce a reasonable amount of hashrate. This is done using a mining algorithm that deliberately geared against devices like ASICs, FPGAs and CPUs (due to botnets) making them extremely inefficient. Consensus distribution over time is the most important aspect of a blockchain and should not be taken lightly. It is critical that you understand what blockchain specifications mean/do to fully understand Vertcoin.

Key data

updated $0
Market cap$3.18M
Volume 24h$23.96
Circulating supply74.38M89% of max 84M
All-time high$9.8-100% from peak · 2017-12-04

VertCoin (VTC) is a proof-of-work cryptocurrency launched with one clear idea: keeping mining truly decentralized. It uses a mining algorithm designed to resist specialized ASIC hardware, so ordinary people can mine it with regular GPUs instead of huge industrial farms.

Frequently asked questions

What is VertCoin and how is it different from Bitcoin?

VertCoin is a mineable proof-of-work coin built on Bitcoin's core ideas but with a strong focus on decentralization of mining. Its main difference is the ASIC-resistant algorithm, which is changed whenever hardware manufacturers find a way to dominate the network. The goal is to keep mining accessible to everyday users with consumer GPUs.

How does VertCoin's consensus mechanism work?

VertCoin uses proof-of-work, meaning miners compete to solve computational puzzles and validate blocks, exactly like Bitcoin. However, its algorithm is deliberately designed so that ASIC chips offer no meaningful advantage over regular graphics cards. If an ASIC threat appears, the community can fork to a new algorithm to preserve fair mining.

How is VertCoin's supply structured?

VertCoin has a hard cap of 84,000,000 coins — four times Bitcoin's maximum supply. New coins are issued through block rewards paid to miners, with the reward halving on a fixed schedule over time. This makes VTC a deflationary asset with a predictable, finite issuance.

How can you store and use VertCoin?

VertCoin can be stored in the official VertCoin Core wallet or lighter third-party wallets that support the coin. You can send and receive VTC like any cryptocurrency — transactions are fast and fees are typically low. Since it's mineable, you can also earn coins yourself using a GPU, which is a core part of the project's philosophy.