„[ANN][VTC] Vertcoin – Adaptive N-factor in Scrypt – No more ASICs“.
Technical Details:
- Mining Algorithm: Scrypt-N (until Vertcoin Hard Fork Against ASIC Threat At Block 208301, nowadays used Verthash)
- Symbol: VTC
- Max Coins: 84 million vertcoins (4x the Amount of Bitcoin)
- Block Time: 2.5 minutes (4x faster than Bitcoin blockchain and 4x throughput capacity
than Bitcoin blockchain) - Block Rewards: 50 coins per block. Subsidy halves every 840,000 blocks (~4 years just like Bitcoin)
- Difficulty Re-Target Time: Every block with Kimotos Gravity Well algorithm
Sources – Bitcointalk.org