Vertcoin (VTC)

Vertcoin Token Profile (PDF)

Vertcoin is a digital token based on Bitcoin. The project was originally forked in 2014 but did not receive much attention from the community until it was revived in 2017. Vertcoin’s main differentiator from Bitcoin is a change to its hash algorithm. Rather than use the SHA-256 algorithm, Vertcoin uses a function called Lyra2RE. This enables the average user to mine VTC without having to invest in a specialized computer. The project also proposes “one-click mining,” an initiative to lower frictions associated with cryptocurrency mining by enabling VTC users to mine the currency in only one click. Other changes from Bitcoin include block creation time (2.5 minutes), block rewards (50 VTC), and an increase in total supply (84M).