Vertcoin is a decentralized and peer-to-peer cryptocurrency that aims to be the “people’s coin”. Vertcoin’s primary feature is its fair mining algorithms, which ensure that no miners get a foothold above the others, but that all transaction fees are shared proportionately among large numbers of miners. The Vertcoin blockchain is resistant to custom mining hardware and multipool mining in order to prevent the centralization of its mining. Other features include Segregated Witness, a Lightning Network, Stealth Addresses (which provide anonymity and privacy on the public ledger), and an Atomic Cross-Chain. The Atomic Cross-Chain feature allows users to exchange their Vertcoin for Litecoin or Bitcoin through its cross-layer.
Vertcoin (VTC) is the digital asset of the Vertcoin blockchain which can be sent peer-to-peer among users and used to pay mining rewards and transaction fees.