Learn more about Vcash Coin.
UPDATE 27 January 2021: When trying to find the project website of Vcash Coin project today, we were unsuccessful. Considering a number of different circumstances in relation to this project, we can't draw any other conclusion than that the project has closed down.
In order to find another cryptocurrency to read up on and maybe purchase, please refer to our List of Coins.
Vcash Coin Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of Vcash Coin consists of three chapters: origin & background, technology and pros & cons.
Origin & Background
Vcash Coin (XVC) offers a zero time aspect that enables users to complete transactions without confirmation. Moreover, it is also developing a “ZeroLedger” attribute to enable users to download the currency’s blockchain in seconds. ZeroTime is an innovative technology that enables a recipient to straight away own the relevant coins.
As a matter of fact, Vcash shares the similar fundamental network and cryptographic principles as Bitcoin. The code is written in a backwards well-matched but contemporary approach using C++11. It developed over a period of several years using Peercoin‘s Proof-of-Stake. Also, it brings an option codebase to the cryptocurrency ecosystem.
Vcash protects user isolation with a built-in blender. Also, it provides high scalability with its energetic block size.
Similarly, you can use Vcash on Zeroslot and other online betting applications that only accept cryptocurrency. Vcash was originally a reference implementation for interoperability and backward compatibility purposes, according to the website. Moreover, the Vcash market capitalization is USD 3,715,412 (5.09 BTC) at the moment, according to coinmarketcap.com and XVC price was 0.0004 BTC this month.
The network uses UDP layer to scale its real-time properties. Considerably decreasing the network latency and simplifying the load on TCP channels. The network uses a Proof-of-Stake interest (0.7%) to protect the network and recoup destroyed transaction fees. It creates long term low price increases, which will reach 1% annual rate in 2019.
- ZeroTime enables a recipient to right away own and spend the received coins. Furthermore, they may be re-spent various times between other recipients before being consolidated on the ledger.
- Incentivizing of participants to enable their nodes to act as public peers.
- Forms a single transaction from multiple parties through merging comparable inputs and outputs.
We have not identified any obvious cons with the Vcash Coin.