Viacoin (VIA) exchange rate

Price for today
USD 0.21
-1.02% arrow up
BTC 0.00001568
-1.13%
arrow up
Market Cap
$ 4 754 948.23
Volume (24h)
$ 49 517.23

About Viacoin

Viacoin became built off of the Bitcoin protocol and like Bitcoin, it changed into created as decentralised peer-to-peer transactional currency. however, there are quite a few matters that make Viacoin unique in its own proper. Viacoin is one among just a small number of cryptocurrencies which have carried out Auxiliary evidence-of-work, also referred to as merged mining. that is a consensus approach that lets in two exclusive coins to be mined on the equal time. The technique works through a secondary coin (in this case Viacoin) piggybacking on the hash electricity of a bigger and extra set up chain. In most cases miners have decided on Litecoin because the extra mounted chain and merge mine Viacoin with Litecoin.There are a number of benefits conveyed through merged mining. One is that merged mining is greater aid friendly and green, considering miners don’t want to apply additional strength to mine both blockchains and collect rewards from each. The secondary chain also advantages from extended safety due to the multiplied hash electricity of the extra hooked up chain. And the set up chains don’t suffer from bloat by inclusive of hashes from the secondary chain.

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