Contrary to popular belief, the Bitcoin Gold hard fork (explained here) was a GOOD thing for Vertcoin.
"But... doesn't BTG create competition with Vertcoin?!?"
The answer is yes, however, the hard fork has created awareness for ASIC-resistant mining, and people are finally beginning to realize Vertcoin's capabilities and potential.
On just October 1st, Vertcoin was barely holding on to the 98th spot of the top 100 cryptocurrencies based on market capitalization.
As of November 7th, 2017, Vertcoin is up 250%+ with new found support in the $3.50 range. It currently holds within the top 45 cryptocurrencies based on market capitalization with a market cap of 145 million.
Vertcoin was released in January 2014, and it had one main goal: decentralized mining. Since its launch, the development team of VOLUNTEERS has consistently deployed updates and worked tirelessly on one of the very first ASIC-resistant coins.
$VTC features the following:
- Segregated Witness (Segwit Activated)
- Electrum Wallet (internet wallet)
- Functional 1-click miner (makes mining simple for average people)
- Lightning Network implementation
- Developing Stealth Addresses (privacy on public ledger)
- Upcoming Atomic Cross-Chain Swaps
- Ledger hardware wallet support
When comparing the two ASIC-reisistant coins, Bitcoin Gold is an inferior knock-off of $VTC. Bitcoin Gold has a minuscule fraction of features that Vertcoin employs, and its official Github is a cesspool of unfinished code. You can practically smell the shill of $BTG as the poor code and pre-mine display the blatant attempt of a quick cash grab by developers.
Ultimately, all Vertcoin holders can give a large "thank you" to the Bitcoin Gold developers for bringing the better ASIC-resistant coin to light.
When is anyone even going to get there Bitcoin Gold?
I can see Vertcoin at double digits come 2018. Just watch and wait patiently on this sleeping giant.
#vtcforthewin