Vertcoin has a purpose, a goal that drives the community and developers to constantly innovate. Committed to the decentralization Satoshi originally dreamed of, Vert has consistently evolved over time to combat the threats to this dream. As a result, one of our main features is ASIC resistance, having forked successfully to a new proof of work algorithm called “Lyra2RE” upon discovering that Scrypt-N ASICs were being developed, and Lyra2reV2 after discovering a botnet. We believe that by keeping the mining process in the hands of those with generalized, low-risk, consumer-grade hardware, we can lower the entry requirement for miners, increasing the number of individuals mining the coin which in turn leads to true decentralization.
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