What is Vertcoin?
Vertcoin (VTC) is a decentralized platform on which users can transfer peer-to-peer values. Vertcoin was created in 2014 from a 'fork' of Litecoin. The most characteristic of Vertcoin is that it is ASIC-proof. This means that for the mining process of Vertcoin no expensive and specialized equipment is necessary, but that this can be done by anyone. This is in contrast to Bitcoin and Litecoin for which expensive mining equipment is required, which often leads to this being done only by wealthy parties.