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VertCoin is a peer-to-peer cryptocurrency that enables instant, near-zero cost payments to anyone in the world. Vertcoin is an open source, global payment network that is fully decentralized without any central authorities.

VertCoin uses Scrypt-Adaptive-Nfactor algorithm and not just the standard scrypt algorithm that makes it ASIC proof and harder to mine, but also making it another very interesting alternative to most other alt crypto currencies that are essentially cloning BTC or LTC by using either SHA-256 or Scrypt algorithm.

Vertcoin specifications:

  • Algorithm: Scrypt-Adaptive-Nfactor
  • Max Coins: 84 million vertcoins.
  • Block time: 2.5 minutes
  • Difficulty Re-Target Time: 3.5 days
  • Block Rewards: 50 coins per block
  • Date of introduction: January 11, 2014.
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