Dynamic and history value of price VIA. Maximal value of price Viacoin was 0.3339$ - 2020-07-30 08:00:19, Minimal price of VIA was 0.1713$ value and fixed at 2020-06-27 12:00:14. Today price of Viacoin is : 0.193$
Via Coin is an open source digital currency created by the Bitcoin Agreement in 2014.It supports embedded consensus and supports extended OP_RETURN 120-byte auxiliary. The characteristic of Viacoin is Scrypt combined mining, also known as Auxiliary Proof-Of-Work (commonly referred to as AuxPoW), which is 25 times faster than Bitcoin (block time of 24 seconds). The mining reward of Via Coin is halved every 6 months (the current block reward is 0.3125 coins per block), and the total supply is 23,176,392, making the inflation rate and mining returns relatively low. In order to maintain mining benefits, AuxPoW has been implemented, where the largest share of the hash originates from the Litecoin network. Via coin is currently mined by F2Pool, the world’s largest mining pool, so it maintains a very high hash rate. Other features of Via Coin include Dark Gravity Wave mining difficulty adjustment algorithm (Dark Gravity Wave), which aims to solve the defects in Kimotos Gravity Well, version bit (BIP9), and allows up to 29 parallel soft fork functions to be executed in the code base. Segwit and Lightning Network can also be performed.
What Is Viacoin
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Using cross-chain atomic swaps, you possibly can directly change Viacoin for Bitcoin, Litecoin, Decred, Vertcoin, and different related currencies with out reliance on centralized exchanges. Viacoin mining makes use of the Scrypt mining algorithm, initially a well-liked alternative for coins due to its ASIC-resistance. It lowered the effectiveness of ASICs by an element of ten compared to Bitcoin’s SHA-256 algorithm, leveling the mining taking part in field. Now, however, a number of firms produce ASIC miners focusing on Scrypt.
Cross-chain transactions, ICO launches and good contract validations are simply a few of the markets during which Viacoin goals to make its providers obtainable. Viacoin (VIA) is an open supply digital cash made in 2014, obtained from the Bitcoin convention that underpins inserted accord with an all-inclusive OP_RETURN of one hundred twenty byte. Viacoin highlights Scrypt Merged mining, likewise known as Auxiliary confirmation of labor or AuxPoW, and 25x faster exchanges than Bitcoin.
The danger right here is that there are solely three addresses which have mined the final one hundred blocks of VIA, it wouldn’t take a lot for these pools to move away from VIA and mine one other Scrypt coin. If the price of VIA was to considerably enhance, this would assist scale back the chance of this swap happening.
Receive, Send, Store and trade your cryptocurrency right within the cell interface. Despite low rewards of ~.sixteen VIA per block currently (about $zero.33), there may be still a hashrate of ninety three TH/s on the network, this is due to merged mining with Litecoin. Litecoin miners are primarily getting VIA for free, whereas not a ton by way of profit, it’s sufficient to assist maintain the community more than safe.
Having this standing in the community continues to boost your credibility as a coin worthy of investment by outsiders. At the beginning of the article, I talked about the Twitter ballot where fifty one% of the seven-hundred+ votes we received had been for Viacoin. These votes weren’t against run of the mill shitcoins either, the opposite contenders had been Peercoin, DeepOnion and Navcoin. This outpouring of assist for VIA, together with the 3,800+ members in their very energetic Telegram channel, sets a strong foundation for Viacoin. Romano himself is super conscious of questions and is lively in the telegram, which is impressive for the quantity of work he’s doing.
Depending on how frequently VIA is being exchanged, this might proceed to be a viable justification for merged mining — but in addition may increase the risk of VIA being deserted. Right now, Litecoin merge miners can mine quite a few completely different cash on the identical time, so there isn’t a reason for Viacoin to be abandoned for the foreseeable future — this is more of a long-time period danger to be aware of. To get more technical, VIA was developed in response to an update to the Bitcoin protocol which reduced the capacity of the OP_RETURN script from 80 bytes to forty bytes. The discount, based on Viacoin, proved catastrophic to companies and entities that had designed companies to function on the Bitcoin blockchain and utilize the eighty byte capability of OP_RETURN. Viacoin (VIA) is a cryptocurrency service which aims to solve the transactions pace and scalability issues of Bitcoin.
This, coupled with the current improvements to the Viacoin website, and the brand new Vialectrum gentle wallet, consolidates the truth that this coin is totally one to control. The Viacoin network has applied lightning network transactions, while in 2017 the group conducted their first Atomic Swap with Litecoin. Viacoin provides decrease charges than Bitcoin, and its block confirmation occasions are virtually instant, at 25x faster than Bitcoin’s capabilities. The firm’s tagline describes themselves as “The way forward for cryptocurrency”. Download Trust Wallet with Viacoin (VIA) helps bitcoin and other crypto tokens & blockchain wallets Only you have management over your funds.
Viacoin mining reward splitting happens like clockwork and has a complete supply of 23,000,000 coins. Viacoin is a p2p cryptocurrency that enhances the extra well-identified Bitcoin and Litecoin. And via merged mining, you’ll be able to mine Litecoin and Viacoin concurrently. Outside of the neighborhood of traders and their ardour for Viacoin, one other important piece of the energy of VIA inside the crypto community. Romano has contributed to Bitcoin Core, is part of Litecoin’s Slack Dev chat and Charlie Lee tweeted to him relating to atomic swaps between Litecoin and Viacoin.
The SegWit upgrade reduces network fees, speeds uptransaction signing on hardware wallets, and permits second-layer options like Lightning Network. It’ll be fascinating to see what effect the Lightning Network and atomic swaps could have on the value of VIA. With elevated Bitcoin adoption, we may see Viacoin turn into an affordable transactional various when the Bitcoin or Litecoin networks get too congested. The majority of the team has chosen to stay anonymous just sharing their GitHub account and sometimes their Twitter. Another profit to those implementations is atomic swapping with other cryptocurrencies.
- Additionally, the blockchain has been optimized to be freely scalable as well as being compatible with the BIP9 algorithm, providing miners the power to mine both Litecoin and ViaCoin the same time from just one pool.
- The staff behind Viacoin have said goals to make it the crypto forex of the future and have been exhausting at work on this technically important but unprecedented altcoin.
- Via coin is an open supply cryptocurrency derived from the Bitcoin protocol.
- It was the first cryptocurrency to implement the expertise that might enable atomic swaps (trading between different blockchains with out the necessity of an change) and the lightning network for faster transaction rates.
Viacoin is an older cryptocurrency (2014 launch) based on the Bitcoin protocol with a number of elementary variations. Like most other basic cryptos, it’s meant for secure, peer-to-peer transactions.
The staff behind Viacoin have said aims to make it the crypto forex of the long run and have been hard at work on this technically significant but exceptional altcoin. It’s transactions are claimed to be 25 occasions quicker than pre-lightening Bitcoin, It offers enhanced anonymity for transactions, making certain user’s identity is private and their forex secure. Additionally, the blockchain has been optimized to be freely scalable as well as being suitable with the BIP9 algorithm, offering miners the ability to mine both Litecoin and ViaCoin the identical time from just one pool. With lots of added options, some buffs to consumer expertise and crucial solutions to privacy, compatibility, and scaling, it’s clear this coin is being engineered with the way forward for Blockchain in thoughts.
If you take a look at the new Viacoin.org web site, it’s straightforward to get a fast synopsis of what differentiates VIA and the successes thus far. Viacoin sets out to perfect secured micropayments via the Vialectrum & Viacoin Core wallets connecting to the Viacoin network by letting users connect to Tor nodes.
Viacoin integrates counterparty property on high of a Bitcoin primarily based blockchain with a system known as the ClearingHouse protocol to allow the constructing of decentralized exchanges. Please fill out the shape under to create a buying and selling account at one of many VIP brokers which will meet your needs.
Viacoin is an OG coin of types, it’s been around since 2014 and is still kicking. We decided to combine things up and it just might be how we decide all future reviews — we posted a Twitter ballot (@altlookorg) to ask followers which coin we should always review subsequent. At the top of the ballot, we had acquired seven-hundred+ votes and a convincing fifty one% voted for Viacoin! ViaCoin recently hired Peter Todd, a bitcoin core developer, and creator TreeChains, and Stealth Addresses.
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Viacoin is an open supply cryptocurrency created in 2014, derived from the BTC protocol that supports embedded consensus with an extended OP_RETURN of one hundred twenty byte. All content provided herein our website, hyperlinked sites, associated purposes, forums, blogs, social media accounts and different platforms (“Site”) is for your common info only, procured from third get together sources. We make no warranties of any sort in relation to our content, together with but not limited to accuracy and updatedness.
It was the primary cryptocurrency to implement the know-how that would permit atomic swaps (buying and selling between different blockchains with out the necessity of an trade) and the lightning community for faster transaction rates. Via coin is an open supply cryptocurrency derived from the Bitcoin protocol.
Via coin will up?
— Sagheer abbas (@Sagheer2508) January 6, 2018