22 May, 2018

VertCoin

Vertcoin Core integration/staging tree

https://vertcoin.org

What is Vertcoin?

Vertcoin is a fork of Bitcoin that is designed to resist the monopolisation of mining power. - 2.5 minute block targets - subsidy halves in 840k blocks (~4 years) - ~84 million total coins - 50 coins per block (25 after block 840,000) - Difficulty retargeting every block to recover from large hashrate swings - Lyra2REv2 proof of work algorithm for ASIC resistance

For more information, as well as an immediately useable, binary version of the Vertcoin client sofware, see http://www.vertcoin.org.

License

Vertcoin Core is released under the terms of the MIT license. See COPYING for more information or see https://opensource.org/licenses/MIT.

Development Process

The master branch is regularly built and tested, but is not guaranteed to be completely stable. Tags are created regularly to indicate new official, stable release versions of Vertcoin Core.

Developers work on their own forks and submit pull requests in order to merge changes with master. Due to the relatively small size of the development team, developers also commit directly to the repo often. Anyone is allowed to contribute though and useful pull requests will almost always be accepted given various obvious stipulations regarding stability etc.

The Vertcoin discord or subreddit should be used to discuss complicated or controversial changes with the developers before working on a patch set.

Testing

Vertcoin currently relies on Bitcoin Core for its testcases, and few of them are known to work, though the software is based on fully test conforming upstream Bitcoin Core versions. We would be grateful to those who can help port the existing Bitcoin Core test cases to Vertcoin such that they can be used to assure correctness.

Translations

Changes to translations as well as new translations can be submitted to as pull requests to this repo or to upstream Bitcoin Core.

 

 

Segwit is activated!

What is Vertcoin?

Vertcoin is different. Unlike many other coins you will see on this forum, Vertcoin has a purpose, a goal which drives the community and developers to constantly innovate. Committed to the decentralisation Satoshi originally dreamed of, Vert has consistently evolved over time to combat the threats to this dream. As a result, one of our main features is ASIC resistance, having forked successfully to a new proof of work algorithm called “Lyra2RE” upon discovering that Scrypt-N ASICs were being developed, and Lyra2reV2 after discovering a botnet. We believe that by keeping the mining process in the hands of those with generalised, low-risk, consumer grade hardware, we can lower the entry requirement for miners, increasing the number of individuals mining the coin which in turn leads to true decentralisation.

Our primary innovations

Current hashing algorithm: Lyra2REv2

White paper: https://vertcoin.org/downloads/Vertcoin_Lyra2RE_Paper_11292014.pdf

Our revolutionary new proof of work algorithm, designed to be ASIC resistant at its core, made its debut at block 208301. In addition, responding to calls from our miners, Lyra2RE has a ~15% power usage reduction on X11. Lyra2RE has replaced Scrypt-N, our previous proof of work and a Vertcoin innovation in itself, in order to defeat the ASIC miners that were released for it. The fork has successfully been carried out, once again making Vertcoin a decentralised, ASIC-free zone and fulfilling Vertcoin’s promise to hard-fork if an ASIC threat becomes apparent, a promise which Litecoin made, but didn’t deliver on.

Getting started

Wallets

Vertcoin core- https://github.com/vertcoin/vertcoin/releases


https://github.com/vertcoin/electrum-vtc/releases/

Source:

https://github.com/vertcoin/vertcoin

Pool Software

P2Pool: https://github.com/vertcoin/p2pool-vtc/releases/tag/v0.0.1-rc2
stratum-mining: https://github.com/Crypto-Expert/stratum-mining

Miners

AMD/ATI:

https://github.com/nicehash/sgminer/releases

nVidia:

https://github.com/sp-hash/ccminer/releases

CPU:

https://github.com/tpruvot/cpuminer-multi/tree/linux

Technical Details:

Algorithm: Lyra2REv2 Max Coins: 84 million.
Block time: 2.5 minutes
Subsidy halves every 840,000 blocks (~4 years)
Difficulty Re-Target Time: Every block with KGW algorithm
Block Rewards: 25 coins per block

Premine – None

There is no premine except three, normal blocks done to test the network (150 coins).  You can use the block explorer below to look them up.  Unlike many other coins, no one has received a large amount of free coins to dump on an exchange.

Merchants accepting VTC (there are many)

http://www.reddit.com/r/vertcoin/comments/2kgl3w/merchant_monday_october_27_2014/

Pools

P2Pool Node Scanner http://scanner.vtconline.org

It is recommended that you mine on P2Pool as it helps to decentralize the network, there are often no fees and no account is required.

Dev-run p2pool node http://pool.vtconline.org
Give Me Coins http://give-me-coins.com/vertcoin-pool
Mining Pool Hub https://vertcoin.miningpoolhub.com/
Coinotron https://www.coinotron.com/app?action=ChartNoLogon&span=0&type=C&name=VTC
List of p2pool nodes https://bitmakler.net/mining_VertCoin-VTC__pools
Always Hashing p2pool http://vtc.alwayshashing.com:9171/static/
ZPool https://www.zpool.ca

Exchanges

Shapeshift: https://shapeshift.io
Poloniex: https://poloniex.com/exchange#btc_vtc
Bittrex https://bittrex.com/Market/Index?MarketName=BTC-VTC
LiteBit.eu: https://www.litebit.eu/en/buy/vertcoin
Bleutrade: https://bleutrade.com/exchange/VTC/BTC
YoBit: https://yobit.net/en/trade/VTC/BTC
SouthXchange: https://www.southxchange.com/Market/Book/VTC/BTC
Coingi: https://coingi.com/
Jubi (China) https://www.jubi.com/coin/vtc/
19800 (China): https://www.19800.com/market/cny_vtc/

Explorers
Dev-run block explorer http://explorer.vtconline.org
Bitinfocharts https://bitinfocharts.com/vertcoin/
vertcoin.info http://explorer.vertcoin.info/
bchain.info https://bchain.info/vtc/

How To Mine
Windows Nvidia- https://www.youtube.com/watch?v=bQw64NLydwY
Windows AMD video- https://www.youtube.com/watch?v=blOXZnIoigU&feature=youtu.be
Windows AMD text- https://pastebin.com/g6hYJzHR
Ubuntu AMD – https://pastebin.com/Db3Q8GbL
Ubuntu Nvidia – https://www.youtube.com/watch?v=XdWr9pB5p_Q

Setup your own p2pool

Windows guide :
video : https://www.youtube.com/watch?v=InQ3sWkrirw
text guide: https://gist.github.com/veqtrus/e2b7c34d9c8b3ad285209ae1b13ca2b2

Ubuntu guide:
video: https://www.youtube.com/watch?v=DBwuCALkf1U

Active Developers & Team

Jamesl22 / Zemrys: / Etang600 / Jk_14 / Godwits / Goodminer / Gert-jaap / PKnight / Turekaj

Contact


discord: https://discord.gg/SUy9Hsr
twitter : https://twitter.com/Vertcoin
reddit : http://www.reddit.com/r/vertcoin/
IRC : #vertcoin on freenode

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