Created for the People, Supported by the People.
VirtaCoin Core is the name of the open source software which enables the use of VirtaCoin as a currency. VirtaCoin addresses are similar to Bitcoin addresses and can be used to send and receive Bitcoins as well. You can also send VirtaCoins to a Bitcoin address and Bitcoins to a VirtaCoin address. A single VirtaCoin or Bitcoin address can as well be used to separately manage balances of both cryptocurrencies. VirtaCoin is the first and only scrypt-based coin to do all this.
VirtaCoin is used by local groups to sustain and develop local initiatives. We call VirtaCoin "The People's Coin" because it is owned and developed by all that hold it. We aim to empower those who are on the edge of the economic loop, bringing local products to global markets and rendering services that would otherwise be unavailable.
|Block Time Target:||60 second|
|Total Coins:||~21 billion|
|8000 Coins per Block,||reduces by 0.5% each week starting 6/28/14|
|Difficulty Retarget:||every 1 block|