What Is Vertcoin?

Youtube video
2014 Created 2014

Pioneers of ASIC Resistance Decentralized Mining

GPU Graphics Cards

Graphics Card Consensus

Centered Hedge Against BTC Mining Centralization

Hedge Against BTC Mining Centralization

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.

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LIT: Multi-Coin Lightning Network

Natively Multicoin
Unified Lightning Network
Fully Open Source
BOLT Current Spec
Current
LIT LIT Archictecture
LIT

LIT is a lightning network implementation separate from LND/Eclair (Bolt Family) so it differs in the way its built. Instead of having a bunch of different different lightning networks, one for each coin, LIT implements all the coins into a single protocol making a single unified multicoin lightning network, rather than a fragmented subset of lightning networks. LIT is headed by Tadge Dryja the co-author of the Lightning Network whitepaper at MIT-DCI.

Crypto App Project

Crypto Card
Crypto Box
Crypto Address

Crypto App is a Vertcoin project. The box takes care of all the hard parts about Cryptocurrency, lightning transactions or on-chain transactions and abstracts it all into a simple user interface controlled via your phone. It turns out to be pretty similar to the fiat banking/card payment system we all know and love today, but with crypto.

THE PEOPLE’S COIN

Join thousands of miners to support Vertcoin’s Network

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Vertcoin runs as close as possible to Cryptocurrency fundamentals, the whole “be your own bank” movement that started cryptocurrency to begin with. Vertcoin is chasing something entirely different from the ICO/Premine groups. We just want to change the financial system for the better.

No Premine
No ICO
No Airdrop

tldr: Long-term consensus distribution using GPUs & leading layer two solution innovation.