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Vtcoin (abbreviation: VTC, currency symbol: V) is a network currency based on "peer-to-peer" technology. Vtcoin is generated through a complex algorithm. Before 2047, the total amount can only reach 100 million, after which the total number will be permanently limited to 100 million. It helps users make instant payments to anyone in the world. Bitcoin is influenced by Bitcoin and provides transactions for small payments, Bitcoin is used for large payments, and Bitcoin is more suitable for small payments. Bitcoin was created by American scientist David. Peer-to-peer means a remittance channel without a central authority controlling the currency. Instead, the task of these currency transfers is collectively managed by network nodes. Anonymity means that parties to a transaction can hide their true identities. Bitcoin is designed to provide transactions for small payments, Bitcoin is used for large payments, and Bitcoin is more suitable for small payments, and the transaction speed is faster, safer, and the handling fee is lower.
Master node distribution benefits to improve network security
The master node distribution mechanism is a systematic design of Vtcoin, which is used to promote the robustness and high availability of the node network.
For a digital currency network, the more active nodes in the network, the higher the security of the network. The faster the transaction confirmation rate, the less likely malicious attacks will be.
Since the total amount of distributed coins is fixed, the amount of funds that can be distributed by each node is dynamically adjusted according to the total number of nodes to ensure that the number of nodes can be maintained within a reasonable range.
Vtcoin Development Fund is a fund pool of 100,000 donated by the founder of Vtcoin Foundation, which is reserved to support the development of Vtcoin.
The Vtcoin Foundation will build a Vtcoin mobile wallet that guarantees 2 million Vtcoins.
The Vtcoin Foundation is a non-profit organization dedicated to the continuous development of Vtcoin and the promotion of Vtcoin applications. The Vtcoin Development Fund will be jointly supervised by the Vtcoin Foundation and Vtcoin fans to ensure the fair use of funds. Vtcoin does not list any daily expenses for the development fund.
Vtcoin development fund will be mainly used to support: public welfare activities, social media sending currency, Vtcoin application, rewards, Vtcoin community.