I don't understand why litecoin is worth $60 and vertcoin is only worth 80 cents
vertcoin has decentralized mining while litecoin is a bitmain coin like all the bitcoins
vertcoin has a fair distribution (same as litecoin) and a community consensus to remain ASIC free therefore maintaining decentralized mining
I believe this coin will get it's due as the gap between the average miner and ASIC warehouse miner widens. As the currencies become more centralized and code upgrades are in the hands of mining cartels
>>3263702
because vertcoin doesnt have a very good team behind it and they abandoned stealth addresses without releasing anything new or exciting to back the coin up.
it's just a dead shitcoin now, they make posts on slack but its never anything important
>>3263729
The team does seem to have other priorities, I've donated $50 to them and they are friendly but they been sitting on amd miner optimization for a long time as well as a few other things.
The principals of the blockchain are solid but it could use some more excitement
I don't see what litecoin offers though
vertcoin could use some more merchants and a bigger community
but code wise vertcoin is better due to their mining decentralization
The only reason litecoin is worth anything is spillage of people who missed the boat of BTC and wanted some explosive gains.
It's a miracle it even made it to $50.
The coin achieves NOTHING that BTC doesn't already do. ETH took off because it solves a major problem BTC has, transaction speed.
>>3263702
Simple: Number of users.
Litecoin is better than Bitcoin yet Bitcoin is the king because it has the most coins.
Vertcoin might be better. Shill it.
I'm kind of pissed I missed the boat mining at home, and think it's very important that miners are decentralized
Isn't it something like 70%+ of bitcoin miners come from bitmain, that's a lot of power for 1 company
I've owned a little of the other big blockchains but for some reason I see this as a diamond in the rough due to centralization of miners and it's scale-ability
but I don't want to shill I just want to follow developments and see if its niche is fulfilled