[disclaimer: I'm not the coin owner, I'm helping the project as a programmer and miner. PS: this is a moderated topic, any kind of SPAM,FUD and non costructive post will be removed. Thank you.]Vectorium PlusTechnical Specs•
Ticker: VCTP •
Algorithm: Vectorium X13
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Initial supply: 500,000,000
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Max supply: Unlimited, blockchain is already moving to keep up up with nodes
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Block Interval: 4 minutes
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Coins for block: 0 + tx fees + interest rate (depending on your stake weight)
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Transaction Confirmation: 10 Blocks
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Coin Maturity: 100 Blocks
Official Websitehttps://www.vectorium.coSocialFacebook -->
https://www.facebook.com/VectoriumSocial/Twitter -->
https://twitter.com/VectoriumSocialYoutube -->
https://www.youtube.com/channel/UC9qZAQ1VgEa1H_xCEy4TzEATelegram -->
https://t.me/joinchat/KyuCg0wEKOict0eer9IjjwDiscord -->
https://discord.gg/UgWnUehUseful linkshttps://www.trackico.io/ico/vectorium-plus/https://foundico.com/ico/vectorium-plus.htmlhttps://foundico.com/zh/ico/vectorium-plus.htmlhttps://0xzx.com/201906181603126855.htmlhttps://icobirds.com/ico/vectorium_plushttps://coinworldstory.com/vectorium-plus-ico-review-the-collectivity-can-produce-renewable-energy/Desktop Walletshttps://github.com/Vectorium-project/vectorium-plus/releasesBlock Explorerhttp://explorerplus.vectorium.co/Source codehttps://github.com/Vectorium-projecthttps://github.com/Vectorium-project/vectorium-plus/releasesTHREE ROUNDS OFFERINGPRE-ANN YouTube Video -->
https://www.youtube.com/watch?v=_HqvsmivtmwIEO ExchangesVCTP-BTC -->
https://www.finexbox.com/market/pair/VECT-BTC.htmlWhat is and what's the technology behind it Vectorium+ is a green convertible coin based on the lastest blockchain technologies that allows you to store amounts of value. Enhanced with built in powerful Proof of Stake system. After 4 years, Vectorium Plus will become a corporate equity. Vectorium Plus has a fixed interest rate of 20% annualy.
PoS system and rewards explainedProof of stake is a different way to validate transactions based and achieve the distributed consensus. It is still an algorithm, and the purpose is the same of the proof of work, but the process to reach the goal is quite different. Proof of stake first idea was suggested on the bitcointalk forum back in 2011, but the first digital currency to use this method was Peercoin in 2012.
Unlike the proof-of-Work (Vectorium Flash), where the algorithm rewards miners who solve mathematical problems with the goal of validating transactions and creating new blocks, with the proof of stake, the creator of a new block is chosen in a deterministic way, depending on its wealth, also defined as stake.
There’s noo block reward and all the digital coins were previously created in the beginning, and their number never changes. This means that in the PoS system the miners take the transaction fees. This is why, in fact, in this PoS system miners are called forgers, instead.
In order to validate transactions and create blocks, a forger must first put their own coins at ‘stake’. Think of this as their holdings being held in an escrow account: if they validate a fraudulent transaction, they lose their holdings, as well as their rights to participate as a forger in the future. Once the forger puts their stake up, they can partake in the forging process, and because they have staked their own money, they are in theory now incentivized to validate the right transactions.
Read more at
Vectorium Plus WhitepaperWhat is x13 algo?X13 is a hashing algorithm which is based on the classic X11. X13 consists of 13 different hashing functions for increased resistance to coin mining with ASIC-miners. In 2014, the world was introduced to a new type of cryptographic encryption method-algorithm X11, and later its more advanced versions X12, X13, X14, X15, X16R and X17. The first coin, the blockchain of which is built on X11, was DarkCoin (later Dash).
The number in the algorithm name indicates the number of hashing rounds and the types of functions that the algorithm uses. The X13 algorithm uses 13 hash cycles with 13 different cryptographic functions, which makes it one of the most reliable in the modern world of cryptocurrencies.
X-algorithms have been created specifically for use on GPUs, where they provide good profitability and low power consumption. Each subfunction result is then passed to the next sub-algorithm and so happens X times. Thus, the creation of ASIC miners for this method of operation will be difficult, since the hardware will have to have a logical gate for each algorithm on its chip, which greatly increases the complexity of production and the cost of computing equipment.
To crack X13, you need to find a vulnerability in all 13 hashes, which is much more difficult than on SHA-256. Even if one of these hashes is compromised, it will serve as a timely signal for developers to analyze the problem and make the necessary changes to the vulnerable function.
What's the benefits of Vectorium Plus? As described above, Vectorium dividend amounts up to 20% of any revenue to be generated from the Vectorium Islands Ecosystem in the preceding year (if and when declared by BenediXit OU) in the form of VectoriumPlus. It is important to note that the revenue per VectoriumPlus will increase as the total revenue, if any, in the Vector Islands Ecosystem increases, as the number of Vectorium+ is limited in number. If the Vectorium Islands Ecosystem's revenue grows over time, Vectorium+ holders will receive larger distributions over time. Therefore, the potential for increased revenue over time provides the basis for potential value appreciation over time. For example if you own 10% of VectoriumPlus total supply means that you own 10% of the Vectorium Islands.
• Up to 20% Stake interest yearly (wallet bonus)
• Enviromental friendly (no high power usage)
• Value strictly tied to Vectorium’s Consortiums (Islands)
• After 4 years, you’ll own a part of a Vectorium Island
What's is Vectorium Consortium (Island)? Vectorium Consortiums are places where the collectivity can produce renewable energy and cryptocurrecy. Those placesproduce power energy value combining wind, solar and waste by a virtuous ecosystem regulated by blockchain and Artificial Intelligence based on Waste to Coin process. Imagine a world in which surpluses become healthy, imagine an ecosystem in which the environmental lifecycle produces wealth and produces sustainable and healthy way. Think of a world where nothing is thrown away, think of a planet where the reuse of our own waste enhances the lives of our communities. Think of a future in which all this will be possible thanks to vector islands in which the air we breathe will be pure and sublime as a few centuries ago. Realizing all this is now possible: the combination of hardware, software and intelligence has brought us to a new level.
Waste to coin process -->
https://www.vectorium.co/waste-to-energy/Read more on Vectorium Islands --->
https://www.vectorium.co/vectorium-islands/Wish to build your own or cooperate with us? --->
https://www.vectorium.co/book-your-island/Partners & Collaborators