Vcash (XVC), formerly Vanillacoin (VNL), is a decentralized open-source cryptocurrency launched in December 2014. It was re-branded to Vcash in April 2016. Developed from scratch, it is a fast and privacy-oriented cryptocurrency, featuring ZeroTime (8-second transaction confirmations without the need of master nodes) and DarkPP (a framework for building decentralized DarkNet applications). The Vcash wallet application is a lightweight and easy-to-use cryptocurrency client with one special feature - a built-in command-line interface for passing Remote Procedure Call (RPC) commands. Vcash is a hybrid proof-of-work/proof-of-work cryptocurrency that allows both mining and staking with an annual interest of 0.7%.
Vcash was engineered to be innovative and forward-thinking. It prevents eavesdropping and censorship, promotes decentralized, energy efficient and instant network transactions. It has the following features- Secure and Private - An encrypted 3-tier network utilizing widely deployed standards-based algorithms. Instant - Payments are received instantly by the recipient thanks to ZeroTime. Peer to Peer - Using a decentralized network there is no 3rd party to trust. Global - Transactions have no borders. Low Fees - Lower than banks or credit cards. Open and Free - Open source code allows anyone to contribute.
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