ViaCoin The fast and flexible currency for the digital age. Viacoin is another decentralized cryptocurrency that utilizes the blockchain technology, similar to that of Bitcoin.

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Not only that, but it will be implementing segwit very soon and will soon run on a lightning network. This will allow transactions to be completed at a much higher rate than that of Bitcoin. To top it all off, it will soon likely be added to ledger hardware wallets.

Viacoin is an open currency project that was publicly introduced on the crypto market in 2014. This project is based on the Bitcoin blockchain and it was in fact developed to deal with some of the issues that are associated with Bitcoin. It integrates decentralized asset transaction on the blockchain where it reaches higher speeds than most of the other projects on crypto currencies. Some of the qualities that make it reach such high speed include that the developers modified it in a way that OP-RETURN was extended to 80 bytes.

This in turn reduced the tx and bloat sizes therefore overcoming multi signature hacks. Furthermore, the integration of ECDSA C library that is optimized allows the coin to reach higher speeds for raw signature validation consequently making it perform five times much better. This reduces the time between payment and approval for the coin is easy to be adopted by vendors and merchants. The developers of Viacoin have mainly been focusing on Tree Chains which is a ground breaking feature that deals with most issues affecting Bitcoin.

The use of Tree Chain also plays an important role in the use of this coin like other new crypto currencies but not only as a mine and store coin. This allows creation of secure and decentralized consensus systems living on the blockchain. The coin is also BIP9 compatible therefore increasing options in which it can be used.

Because of this and other reasons the Viacoin 0.13 is SegWit ready which further makes its use more convenient. Some of the primary qualities of Viacoin includes that it is has locktime support which is an important quality in any modern crypto currency. It also has super fast transaction rate which allows people to use it in a better way.

It also comes with a clearing house which gives people the opportunity to use it in various transactions. There is also blockchain notary which is another important quality when it comes to usability of this coin. Furthermore, there is embedded consensus that increases transparency when using the coin.

SiaCoin (SC) To Get a Dedicated Mining Hardware ASIC Device 20 Jun. An Upcoming Scrypt USB ASIC Miner; BitMain AntMiner U3 Available Again, Comes With New Design.

The developers of this particular crypto currency have also been working towards implementing merged mining. This allows users of the coin to be able to mine more than one block chain at the same time. Because of this every hash that the miner does will contribute to the total hash rate of all the currencies being uses and this will increase the security of all the currencies. This allows the release of pre announcement resulted in a market spike and it shows how interested is in the market inclusion of these features in the coin core and blockchain. During the development of Viacoin a number of improvements were introduced including some of the improvements already mentioned. The further improvements that are made range from a Hierarchical Deterministic key (HD key) generation which gives the users of the coin freedom to back up their wallets to a compact block relay which in turn lowers the block propagation times on the peer to peer network. This plays an important role in creating a healthier network and a better baseline relay security margin.

The wallets used while using Viacoin include; Windows 64 BITS, Windows 32 BITS, MAC OSX, GITHUB/SOURCE and Boorstap. Other wallets which are third party wallets include; Vialectrum and Viacoin paper wallet.

The availability of all these wallets provides users with more options to choose from. This is helpful because some people might not be able to access certain kinds of wallets depending on the resources they use.

But with the many options such people are able to use the coin in a simple and convenient manner. This particular coin can be traded on open exchanges with some of the most popular exchanges being Poloneix and bitterex. The coin also has a number of mining pools including F2pool, Coin King, Multipool and Litecoinpool amongst others. All these are meant top provide the users with more options to ensure these users trade on the coin in the ways they feel most appropriate. Another important quality of this project is that it integrates ClearingHouse which is a protocol that allows for asset issuance and p2p trading on the Viacoin blockchain.

This is an important aspect on any modern crypto currency for it makes trading using this currency more convenient. It also significantly reduces the time one takes to transact using this currency. Furthermore, the child pays for parent procedure has been successfully enabled in this coin.

What Is A Electroneum ETN Mine. This will eliminate the problem of transacting that stuck for a long period in the limbo that has not been confirmed either because of lack of funds to pay the fee or network bottlenecks. Because of this particular method the algorithm will now select the transactions based on federate inclusive transaction. This simply means that a lower fee transaction will have higher chances of being picked up by miners if another transaction that has a higher fee that speeds its output gets relayed. A number of measures have also been implemented in the blockchain to allow its scaling to proceed freely ranging from pruning to the chain which in turn saves disk space. Zcash ZEC Prominer Review. Transactions have also been made more anonymous and this has been facilitated by increased TOR support by the development team. This particular feature has the capacity to keep the crypto currency secure and also plays an important role in keeping the identity of the person using it safe.

This is very helpful in this currency especially considering that it is focused towards lightening network and SegWit. It is expected that in the future Viacoin will introduce a feature where hardware wallets support will reach a hundred percent. This will be enhanced by Trezor and Nano ledger which are small key chain devices that connects to the user’s computer to store their private keys and sign transaction in a secure area. These are mainly aimed to help people who are outside the hardcore crypto currency user circle and provide a guarantee that such people will have exposure to the currency. This crypto currency has especially considered the users who are unable to transact using most of the usual coins.

The developers have incorporated modern features which eliminate most of the barriers that prevent some people from transacting conveniently. Because of this the coin is expected to have a bright feature and to be one of most popular crypto currencies. Therefore, Viacoin is a well developed crypto currency that is aimed towards providing more convenience. Specifications: Name: Viacoin Symbol: VIA Algorithm: Scrypt (POW) Block time: 24 seconds (25x faster than Bitcoin) Difficulty retarget: AntiGravityWave (every block) Total supply: 23,000,000 Circulating Supply March 2017: 22,487,679 SegWit / Segregated Witness Every transaction has certain information. Details of the exchange, signatures & an ID number. SegWit separates the signatures from the transaction and into a parallel space. Transaction malleability?

Transaction malleability refers to a trick that allows an attacker to refer to a transaction but creates a different valid ID#. Segwit solves this and will enable new means of protection against similar attacks. Softfork: Old nodes will still see it all as valid. Meaning the update won’t break any older versions. New dog, new tricks: Separating the signatures gives more freedom for scripting, customization and new layers of functionality. Libsecp256K1 Wait Lib what?: Everything important in concurrency has to be signed & verified using Math. That Math can be s-l-o-w.

Libsecp256K1 is an update in how to use Math to get an increase in the speed up to 4.9x of verifying transactions and blocks. Version Bits, Weak Blocks & More Versionbits: Allow simultaneous Soft Fork changes to be implemented 29 at a time, up from the current limit of 1! Weak blocks: Allow miners & nodes to rebuild found blocks from locally storage transaction data rather then having to download full blocks. A possible 90% or more reduction in peak bandwidth requirements for full node operations. The Lightning Network The Lightning Network takes this idea of payment channels to the next level by creating a general network which anyone can use to make off-blockchain transactions. Confidential transactions: Mask the transaction amount is a possibility. This is a great privacy improvement.

Tons of other benefits like reduced UTXO, to keep it simple, it requires less resource to run a wallet/node. “What the Lightning Network is creating [is] a system where you can create a payment channel on a general network, and by participating on this network, you can send bitcoin off-chain to anyone — and it never hits the blockchain until you close out the channel.” Another way of looking at this is to think about the relationship between users who have payment channels open with each other. “Through somebody else, you can reach anybody else. So, maybe it’s Alice, Bob, Carol, and Dave — Alice has a relationship with Bob, Bob has a relationship with Carol, [and] Carol has a relationship with Dave. Alice can send money to Dave through Bob and Carol.” GET Viacoin: • • Viacoin Wallet: – – – Mining Pools: Information • Website – • twitter – • Reddit: • Bitcointalk – • Roadmap: • Email: info@viacoin.org • Telegram.

The people behind the development of have tweeted an interesting, but very brief post about an upcoming release of a dedicated ASIC mining hardware intended for mining the SiaCoin tokens. The Obelisk SC1 is supposed to be the first ASIC built for Sia mining according to the official tweet from Sia Tech (@SiaTechHQ). There are no more details revealed at this point, though more information should be made available by the end of the week. SiaCoin has been getting more attention lately and the price of the crypto tokens has been rising, though releasing a mining ASIC for a token that is intended to be used for renting and leasing file storage is an interesting decision.

Having a dedicated NAS device tied to SiaCoin like the makes much more sense for a service like that. SC can currently be mined using GPUs and not only being earned by providing free space to users that need to host some data and getting paid in SiaCoin tokens in return. We are going to see what SiaCoin will actually announce and what their upcoming Obelisk SC1 will offer, but the initial user feedback is not that positive as one would expect. Switching to ASIC mining can actually result in negative results with GPU miners moving away switching to other altcoins and not getting into ASIC mining SC. As far as we are aware there are no other altcoins based on the same algorithm and mining like SiaCoin so essentially an ASIC miner will be very limited in terms of usability and may actually reach its end of life cycle much faster than other ASIC miners that can be used for multiple crypto coins that use the same algorithm. Other Similar Publications: • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •. Copyright ©2014-2018 - - All About BTC, LTC, ETH mining as well as other alternative crypto currencies.

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