Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source
by
sesko
on 01/03/2017, 13:05:35 UTC
posted by jamesl22 [developer] on reddit if you missed: https://www.reddit.com/r/vertcoin/

1.    Vertcoin promotes itself as being ASIC resistant, preferring GPU optimised mining. We believe this helps to decentralise the mining base when compared to Bitcoin which is dominated by two large ASIC manufacturers. We're not large fans of full anon features but stand by privacy features, like stealth addresses and the Lightning network.

2.    Vertcoin pioneered the Scrypt-N, Lyra2RE and Lyra2REv2 mining algorithms, performing successful hard forks for the latter two. We were also one of the first to implement stealth addresses and will be one of the first coins to activate SegWit (which will start signalling today). We also have a fairly dedicated mining community and the hashrate has continued increase since Vertcoin's inception in early 2014.

3.    4. 5. I am essentially the sole core developer of Vertcoin presently. We have a small development fund that we also sometimes use to contract out other development tasks. Due to the small development team and lack of money, I can only contribute when I have time left over from other real-life tasks. That being said, I would say I contribute a good 10-15 hours per week to Vertcoin and thus the coin is certainly maintained. I try to keep my promises when I can. There are others like etang600 who help run the subreddit and various other behind the scenes things.

4.    https://bitinfocharts.com/vertcoin is great for seeing all kind of VTC related stats. For a list of other VTC related goodies check out https://vtconline.org/.



is segwit coming today?

Yes, segwit started signalling today.