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Vertcoin is an open-source cryptocurrency that focuses on decentralization. It is created in 2014 and uses an ASIC-resistant proof-of-work mechanism.


Miners secure the network and validate transactions by using graphic cards. Vertcoin switched from using a proof-of-work algorithm to Lyra2Rev3 after being the victim of a 51% attack in December 2019. One of the key characteristics of Vertcoin is that it is unminable by ASIC miners. People can mine Vertcoin from their PC with easy-to-use software that is downloadable from the Vertcoin website.


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