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 Virtacoinplus consists of three chapters: origin & background, technology and pros & cons.
Origin & Background
Virtacoinplus (XVP) is a digital asset or currency like Bitcoin (BTC). They both use comparable blockchain technology and decentralization systems. On the other hand, XVP also plans to generate a balance between simplicity of business and investment chances. Furthermore, its intention is easy. The intention is to make sure that no one is left behind from benefiting from the ever mounting cryptocurrency economy.
Below are the 3 main objectives of Virtacoinplus:
- First, produce a quick, safe, steady, and most suitable alternative cryptocurrency in the world;
- Second, generate an equal prospect for everyone in the world to get advantage of being part of the cryptocurrency rebellion; and
- Third and finally, generate an unusual platform for easiness of business and transactions.
- SHORT: XVP
- TOTAL COINS: 100 Million coin cap.
- ALGO: X11 hashing algorithm
- BLOCK TIME: 1 minute
- RETARGET: 15 blocks
- PREMINE: 9M XVP / 7.5M swapped / 1.5M burnt
- POW REWARD: 2.7 XVP per Block and reduces by 0.1 each year
- STAKE INTEREST: 7%
- MINIMUM STAKE AGE: 24 hours
- MAXIMUM AGE: 1 year
- XVP makes it simple and speedy to purchase and sell, or send and obtain payments anywhere in the world.
- You can feel the expediency of the storing, the receiving, and the sending XVP in seconds with no time wasted.
- Time is valuable, and Virtacoinplus has one of the quickest transaction speeds in the world. You do not have to wait for minutes to send or receive payments.
We have not identified any obvious cons with Virtacoinplus.