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Topic: Virta Unique Coin Launch - page 30. (Read 54599 times)

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June 14, 2017, 10:14:59 AM
#1
Virta Unique Coin




PROGRESS


SPECIFICATIONS

  • Short: VUC
  • Algorithm: NIST5
  • Block time: 120 Seconds
  • Money supply: 120 000 000
  • Type: POS + POW
  • Additional Info: 5% yearly

Features

  • SWAP: Swap VTA with VUC on NovaExchange with ratio of 1000 : 1
  • Stealth Address - Anonymous Transaction
  • Anti-Theft - Reversible Transactions (comming soon)

Exchange

  • NovaExchange
  • C-Cex
  • Cryptopia
  • Southxchange

WHAT IS VUC?
Virta Unique Coin is is a decentralized open-source (OSI) network that enables people around the world to use the Internet anonymously, by routing IP address information through multiple nodes on the network. VUC helps users defend against traffic analysis — a form of network surveillance which threatens personal freedom and privacy, confidential business activities, relationships, and even national security.

SWAPPING OF VTA TO VUC

Here, VUC is giving the facility of Swapping of VirtaCoin to VirtaUniqueCoin. Swapping dates will be announced very soon with launch. There must be verification process has to be followed for swapping. For swapping all details provided with steps.

Swapping ratio will be 1000:1 (1000 VirtaCoin : 1 VirtaUniqueCoin)

Exchanges have been contacted on the latest developments, and users are expected to be on alert throughout the swapping process.

ANTI-THEFT

VUC is loaded with feature called Anti-Theft/Anti-Rob technology. It is a reversible transaction that we have introduced. Every singe minute detail of transaction is same, but if someone use anti-theft transfer function of our facility portal, coins will be deducted from payer and resides in some hidden wallet. This transaction shows all detail properly to remmitter. After sometime e.g. 24 hours, this coins will be transfered back to the transaction initiater wallet.
A best usecase we just recently faced is, Ransomware virus, where the ask a lot bitcoin for decrypting the data. Here undoubtadly we can use this reversible transaction feature.
Such like that, this anti-theft feature is USP of the system.

STEALTH ADDRESSES

Stealth Addresses are a way of a payer and a payee to have private exchange of funds.
VUC is first kind of cryptocurrency to develop a new form of security and privacy. Stealth Addresses also referred to SX address.

Completely Untraceable:
No one will ever know you are running a VUC node - your real IP is never broadcast to the network because VUC runs over VUC.

Anonymous Payments:
Using stealth addresses, VUC payments are completely anonymous and untraceable by attackers, government agencies or anyone else.

Fast Confirmation:
Times VUC provides extremely rapid confirmation times, meaning you can send and receive funds almost instantly, without the slow confirmation times of Bitcoin.
Encrypted End-to-end Messaging: You can send encrypted end-to-end messages to other VUC users.
Helping the VUC Network: By running VUC, you are increasing the number of nodes on the VUC network, thereby helping people across the world remain anonymous.



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