vTorrent (VTR)

vTorrent (VTR) is an open-source, decentralized cryptocurrency launched in late 2014 as a fork of Shadow (SDC). The most distinctive (planned) feature of the software project was the incorporation of a BitTorrent client into the vTorrent wallet, thus trying to appeal to the many BitTorrent users while making the currency transactions more anonymous and difficult to trace.


The coin was launched using the proof-of-work consensus mechanism and scrypt as the hashing algorithm to generate the initial pool of tokens (there was a 3% pre-mine), but was gradually moving to a proof-of-stake phase with a 5% interested rate paid to the "stakes". The vTorrent wallet is an advanced graphical software with some interesting features, such as anonymous chat, blockchain explorer and even an option to trade cryptocurrencies on the Bittrex exchange.

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