Vertcoin (Abbreviation: VTC) is an open-source cryptocurrency created in early 2014, that focuses on decentralization.

Vertcoin uses a proof-of-work mechanism to issue new coins and incentivize miners to secure the network and validate transactions.

[3] NBC News's Ben Popken said in 2018 that Vertcoin had received significant attention on Reddit due to it being impervious to ASICs which are used to mine bitcoin.

[4] TechRadar's Jonas DeMuro wrote in February 2018 that Vertcoin was comparatively popular due to a lack of friction for new users, as well as an active social media presence.

[6] A December 2018 paper published in The Transactions of the Korean Institute of Electrical Engineers said that "because [Vertcoin] is not a very popular blockchain, the difficulty adjustment algorithm is very sensitive to hash rate change, making it an easy target to timestamp spoofing and cherry-picking attack.