Virtacoin is a digital cryptocurrency designed to enable fast, secure, and decentralized transactions across the globe. Built on blockchain technology, Virtacoin allows users to transfer value directly without relying on banks or third-party intermediaries.
Source CodeVirtaCoin (VTA) is often considered part of the "Bitcoin family" in a technical sense because it is based on the Bitcoin codebase. It is an experimental, peer-to-peer, decentralized cryptocurrency designed for instant, global payments.
Virtacoin (VTA) was designed with a target block time of 60 seconds, which is faster than Bitcoin's 10-minute block time. In this sense, the Virtacoin network is designed to be more "responsive" to new transactions by confirming them in a new block more quickly
The codebase follows an open-source development model, similar to Bitcoin Core, where developers submit pull requests for features or bug fixes.
The interface for VirtaCoin includes, or supports, solo mining to secure the network, which involves interacting with the software to validate blocks.
Virtacoin utilizes the Scrypt algorithm, which is considered secure due to its memory-hard nature, making ASIC-based attacks more expensive and difficult compared to SHA-256, according to Developcoins.
VirtaCoin (VTA) operates similarly to Bitcoin as a decentralized, peer-to-peer digital currency with no central authority, allowing for user-to-user transactions and mining capabilities. Based on the Bitcoin codebase, it serves as an experimental,, fast, and low-cost alternative cryptocurrency.
VirtaCoin (VTA) is an experimental, peer-to-peer decentralized cryptocurrency launched on July 1, 2014, with a vision to create a fast, accessible digital currency for global, instant payments. Known as "The People's Coin," it aims to empower individuals on the edge of the economic loop by providing access to financial services without the need for a central authority.
Comprehensive design and development solutions tailored to your needs
You may use the settings below in your virtacoin.conf file. You may also use the port numbers listed to configure mining software, firewall port forwarding, etc.
Option 1: All Operating Systems An option which should work for Windows, Mac and Linux involves modifying the VirtaCoin wallet configuration file: virtacoin.conf For this to work, you must locate the configuration file and edit it to include the following lines...
After saving the configuration file, shut down your VirtaCoin wallet and restart it.
Option 2: Windows Users Only
Find the file you downloaded (virtacoin-qt.exe), right-click it, and choose to create a shortcut.
Right-click the shortcut you just made and select "properties".
Where it shows the "target", add a space followed by the parameters. For example, if it shows the target as...
You can attempt to earn some VirtaCoins by solo mining. The act of "mining" is simply a way of contributing processing power to the VirtaCoin network. It helps to secure the network and process transactions.
While VirtaCoin is young your chances of earning coins as a solo miner are good. However, as the total computing power of the network grows, eventually, it will only be profitable to mine with a mining pool.
Download...
Download...