What is it?
VirtaCoin is a decentralized crypto-currency, like bitcoin. In fact, it is based on the bitcoin codebase, so it works almost exactly like bitcoin.
Attention VirtaPay Users
All VirtaPay balances have been transferred to VirtaCoin. VirtaPay users: follow these steps to get a VirtaCoin wallet and import your balance.
Download a Wallet
To get started, download a wallet for your operating system...
VirtaCoin Belongs to You
VirtaCoin is "owned" by everyone who holds the currency. It is up to the VirtaCoin community to collectively contribute and make VirtaCoin what you want it to be. How you contribute depends on your skills, abilities and available time. Please consider helping in one or more of the following areas...
Forums – VirtaCoin needs places for the community to gather and discuss issues and ideas. You could set up a forum, become a moderator, or even just contribute your ideas and opinions on a VirtaCoin community forum.
Exchanges – If you would like to exchange your VirtaCoin for bitcoin, for other crypto-currencies, or even for fiat currency, please contact crypto-currency exchanges and follow their procedures to ask them to list VirtaCoin.
Solo Mining – To earn more VirtaCoin and contribute computing power to securing the VirtaCoin network, you can try solo mining.
Mining Pools – If you have the knowledge, you can create a mining pool. This helps large groups of people to work together and share in the mining rewards, while helping to secure the VirtaCoin network.
Developers – If you are a programmer, or know someone who is, you can help to maintain and improve VirtaCoin by working on the open source VirtaCoin Project on GitHub.
Sending bitcoins across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.
There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. Most wallets have reasonable default fees, and higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it's possible to send 100,000 bitcoins for the same fee it costs to send 1 bitcoin.
With Bitcoin, there's no credit card number that malicious actors can collect in order to steal from you. In fact, it's even possible in some cases to send a payment without revealing your identity, almost like with physical money. You should, however, take note that some effort can be required to protect your privacy.
Virtacoin.world is community supported.
© Virtacoin Project 2014-2018 Released under the MIT license
VirtaCoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. VirtaCoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. VirtaCoin Core is the name of open source software which enables the use of this currency.
Scrypt proof-of-work algorithm
60 second block time target
~21 billion total coins
8000 coins per block, reduces by 0.5% each week starting 2/28/14
Difficulty retarget every 1 block