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VirtaCoin

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What is VirtaCoin?

VirtaCoin is a relatively new scrypt cryptocurrency that is formerly PayBox.me/VirtaPay. One thing that is unique about this coin is that it already has a userbase of 1.6 Million Users. You may be scratching your head as to how this is possible, so let me explain.

VirtaCoin is formerly PayBox.me/VirtaPay, the e-currency/virtual currency platform, which was founded in September 2010 as PayBox.me and was rebranded as VirtaPay on March 13, 2011. From the launch of PayBox.me until July 1st, 2014, PayBox.me/VirtaPay has gained 1.6 Million Users. Don't believe it yet? Here is the first 2015 blocks, where VirtaCoin was mined and sent to all of the 1.6 Million user accounts.

There is a community and devoted team of developers (like me) working to make this coin great on reddit. The only premined coins went to the 1.6 Million VirtaPay accounts, so the creators don't have a huge stash waiting to dump.

How the conversion process worked is all user balances have been adjusted to 14% of their original size in order to fit within the parameters of the new system. For example: If you previously had a balance of VP$100, your new balance would be 14 VirtaCoin.

Specifications

Scrypt proof-of-work algorithm
60 second block time target
~21 billion total coins
8000 coins per block, reduces by 0.5% each week starting 6/28/14
Difficulty retarget every 1 block

Mining

Pools:

Tricky's VTA Pool

VTA P2POOL

Sample .conf

Code:

rpcuser=user
rpcpassword=pass
server=1
daemon=1
gen=1
genproclimit=-1
rpcport=22815
port=22816
addnode=31.6.117.107
addnode=46.107.166.198
addnode=46.250.116.223
addnode=50.170.222.10
addnode=62.122.207.138
addnode=63.155.156.179
addnode=65.185.103.87
addnode=72.174.159.254
addnode=77.193.114.131
addnode=78.16.115.229
addnode=78.84.239.205
addnode=81.25.228.220
addnode=81.97.175.241
addnode=84.123.83.96
addnode=88.26.129.187
addnode=89.178.98.81
addnode=91.105.193.137
addnode=91.127.92.163
addnode=91.180.12.165
addnode=92.19.160.8
addnode=92.251.246.216
addnode=98.141.175.57
addnode=107.2.165.226
addnode=109.186.162.209
addnode=109.192.141.21
addnode=115.187.45.237
addnode=123.211.218.148
addnode=175.142.193.124
addnode=176.250.248.124
addnode=178.123.248.108
addnode=178.126.11.205
addnode=178.248.57.123
addnode=184.180.242.35
addnode=193.25.121.162
addnode=193.219.117.63
addnode=195.38.116.213
addnode=213.231.61.223
addnode=220.163.47.234

Exchanges

Community

Major Events in VirtaCoin's History

September 22, 2010: PayBox.me is launched, promising Person-to-Person transactions, Small Business integration, including payment processing modules for all popular shopping cart software, Mid-sized Business integration, Major Online Store integration, Debit Card linked to your PayBox account, and Currency exchange with all major world currencies.
February 28, 2011: PayBox.me announces the beginning of the rebranding and name change to VirtaPay here.
March 13, 2011: PayBox.me announces the completion of the rebranding process and official change to VirtaPay here.
May 18, 2012: VirtaPay announces/previews the Master Plan, which includes progress on the Debit Card here.
January 1, 2014: After about a year of silence (last post on February 11, 2013) VirtaPay announces the death of it's debit card program, and the desire to convert it's whole virtual currency platform into a cryptocurrency here.
July 1, 2014: Exactly 6 months later, VirtaCoin is officially launched here.

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