ViaCoin is one of the older cryptos having been created in 2014. It is open-source and is derived from the Bitcoin protocol. The team behind the cryptocurrency aims to make it the cryptocurrency of the future. Because cryptocurrency as a whole is a pretty new thing, there have been a lot of mistakes done and a lot of improvement is needed to perfect the blockchain technology. Ideally, ViaCoin is supposed to be the crypto that corrects all these issues and ultimately become the crypto of choice in the future.
Viacoin is an open source cryptocurrency project, based on the Bitcoin blockchain. Publicly introduced on the crypto market in mid 2014, Viacoin integrates decentralized asset transaction on the blockchain, reaching speeds that have never seen before on cryptocurrencies
Algorithm: Scrypt (POW)
Block time: 24 seconds (25x faster than Bitcoin)
Difficulty retarget: AntiGravityWave (every block)
Total supply: 23,176,392.414590
Circulating Supply March 2017: 22,487,679
Auxpow/Merged mined with Litecoin
Merged mining allows a miner to mine for more than one block chain at the same time. The benefit is that every hash the miner does contributes to the total hash rate of both (all) currencies, and as a result they are all more secure.
Explaining it like you are 5
SegWit / Segregated Witness
Every transaction has certain information. Details of the exchange, signatures & an ID number.
SegWit separates the signatures from the transaction and into a parallel space.
Transaction malleability? Who cares?
Transaction malleability refers to a trick that allows an attacker to refer to a transaction but creates a different valid ID#.
Segwit solves this and will enable new means of protection against similar attacks.
Atomic cross chain Trading:
Is another possibility. 2 traders can trade As example Litecoin, Viacoin, Groestl or Syscoin with each other or against bitcoin.
You can see it as Shapeshift, only you won’t be charged a ridiculous fee & it’s decentralized!
Viacoin Core integration/staging tree
To speed up sync process: https://bootstrap.viacoin.org/
What is Viacoin?
Viacoin is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Viacoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Viacoin Core is the name of open source software which enables the use of this currency.
For more information, as well as an immediately useable, binary version of the Viacoin Core software, see https://viacoin.org/en/download
Viacoin Core is released under the terms of the MIT license. See COPYING for more information or see https://opensource.org/licenses/MIT.
master branch is regularly built and tested, but is not guaranteed to be
completely stable. Tags are created
regularly to indicate new official, stable release versions of Viacoin Core.
The contribution workflow is described in CONTRIBUTING.md.
The developer mailing list should be used to discuss complicated or controversial changes before working on a patch set.
Developer IRC can be found on Freenode at #viacoin-core-dev.
Testing and code review is the bottleneck for development; we get more pull requests than we can review and test on short notice. Please be patient and help out by testing other people's pull requests, and remember this is a security-critical project where any mistake might cost people lots of money.
Developers are strongly encouraged to write unit tests for new code, and to
submit new unit tests for old code. Unit tests can be compiled and run
(assuming they weren't disabled in configure) with:
make check. Further details on running
and extending unit tests can be found in /src/test/README.md.
There are also regression and integration tests, written
in Python, that are run automatically on the build server.
These tests can be run (if the test dependencies are installed) with:
The Travis CI system makes sure that every pull request is built for Windows, Linux, and OS X, and that unit/sanity tests are run automatically.
Manual Quality Assurance (QA) Testing
Changes should be tested by somebody other than the developer who wrote the code. This is especially important for large or high-risk changes. It is useful to add a test plan to the pull request description if testing the changes is not straightforward.
Changes to translations as well as new translations can be submitted to Viacoin Core's Transifex page.
Translations are periodically pulled from Transifex and merged into the git repository. See the translation process for details on how this works.
Important: We do not accept translation changes as GitHub pull requests because the next pull from Transifex would automatically overwrite them again.
Translators should also subscribe to the mailing list.