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📝 Overview 📝
Viacoin is a longtime cryptocurrency that has been round since 2014. It was constructed off of the Bitcoin protocol and it was created as a decentralised P2P cryptocurrency. It differs barely from Bitcoin in that it makes use of the Scrypt mining algorithm (like Litecoin).
In addition they use “merged mining” which suggests that you could mine a couple of coin on the similar time. On this case, miners will swap between Viacoin and Litecoin. This implies extra safety and hashpower securing the Viacoin community.
Viacoin additionally has help for the lightning community and it has accomplished and it was the primary to finish off-chain atomic swaps. The native token on the community is the VIA tokens.
The mission was began again in 2014 by a developer known as “BTCDrake”. In 2016, growth was handed onto a younger developer known as “Romano”. A lot of the remainder of the builders on the mission are nameless.
The event within the Viacoin github is sort of lively and they’re more likely to roll out numerous essential options over the approaching months. These are options similar to improved privateness with untraceable transactions in addition to full implementation of the Lightning Community Daemon.
VIA is sort of a unstable cryptocurrency and it has been via numerous ups and downs since launch.
A lot of the buying and selling for VIA is happening on Binance. There are decrease ranges of quantity which suggests barely decreased liquidity.
VIA cash might be saved in numerous completely different wallets. You may maintain them within the Viacoin core wallets or you should utilize third social gathering wallets. You might be maybe finest suited to make use of a Trezor or Ledger.
📜 Disclaimer 📜
The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who is just not a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any specific end result.
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Source: Coin Bureau