[Blog-post][Investment][Part 1] Cryptocurrency: VERTCOIN
Introduction
Hi everyone, I'm going to talk about trending cryptocurrency, investments recommendations and tips.
In this first post, I'm going to talk about VERTCOIN (VTC), a cryptocurrency with a great growing potential (despite the lastest market crashes).
I hope you enjoy it and wish this post will be useful for everyone.
WHAT IS VERTCOIN?
First of all, I must say that as any other cryptocurrency, VTC is meant to be a way of pay and transfering money between peers through the internet. In that way, is a financial system owned by it's users.
Has been developed by a great community of volunteer workers. This Open-Source project is funded only by donations.
YOU CAN BE YOUR OWN BANK!
With finite resources and assets similar to gold, Vertcoin will keep safe your money from vested interests.
SPECIFICATIONS
Algorithm: Lyra2RE(v2);
Generation: 84 million;
Block time: 2.5 minutes;
Block Rewards: 25 coins per block;
Subsidy halves every 840.000 blocks (~4 years);
Difficulty Re-Target Time: Retargets every block (Kimoto's Gravity Well);
Premine: Zero
VTC is made to ensure that transactions are being validated by a widely distributed network. So in that way miners can compete fairly with each other avoiding the selling pressure when the market gets flooded with recently mined coins by large mining pools.
TIP
As you can see on the chart, at the moment of this Blog-Post, VTC's price is one of the lowest prices since October of last year, three time lowest, which means that right now is a good time for buying VTC, because it's possible (never sure) to grow up by four times on this 2018.
I beleave it's a good asset for a long term investment!
WHERE TO TRADE VTC
Poloniex
Bittrex
Bleutrade
Yobit
Jubi
198000
Litebit
Local Vertcoins
Chart from www.poloniex.com
Visit vertcoin.org for more information.
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Nice to meet you. I first started to get into steemit. I'll follow you. Thank you for a good article.