Specifications



Built on Bitcoin, receiving any future Bitcoin updates upon specification release confirmation. Vertcoin locked in and activated SegWit May 7, 2017. It was one of the first coins to do so.





Has the same block time (2.5 mins) as Litecoin and same supply of coins (84,000,000 coins). These changes are well within scaling limits of blockchain growth and orphan generation (>1:30)



Mining algorithm proposed is similar to Ethereum's Ethash (Verthash), meaning GPUs mine competitively. This ensures maximum distribution of hashrate (security). It is done via IO bound memory constraints. Lyra2rev3 is currently in use.





Difficulty adjustment occurs every block (~2.5 minutes) as opposed to Bitcoin (~2 weeks). Kimoto Gravity Well is the algorithm used and is necessary as a smaller hashrate coin.