Vertical (VTL) Overview
- Headquarters
- Miami Way
- Website
- www.vtlcoin.io
- Industry
- Financial Services
- Employees
- 6
- Founded
- 2018
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
Keywords
About Vertical (VTL)
Vertical is a cryptocurrency that is focused on privacy and utility. The coin is a fast, private and secure payment option with a decentralized supply. Vertical is a proof-of-work and masternode hybrid coin, meaning that individuals can earn coins by operating masternodes (vNodes) or mining to support the network. Vertical focuses on being a true community coin offering miners and masternode owners a private and fast currency that remains true to the basics of what a cryptocurrency should be. Vertical offers 75% rewards to miners and 25% to Masternodes. LWMA Difficulty Integration This "LWMA" algorithm estimates current hash-rate in order to set difficulty to get the correct solve times by dividing the harmonic mean of the difficulties by the Linearly Weighted Moving Average (LWMA) of the solve times. It gives more weight to the most recent solve times. It is designed for small coin protection against timestamp manipulation and hash attacks. The basic equation is: next_difficulty = harmonic_mean(Difficulties) * target_solve time / LWMA(solve times) Vertex Platform: http://www.vtlcoin.io/Vertical_Project_Announcement.pdf
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