Virta Coin Wallet

 Virta Coin Wallet 

VirtaCoinWallet is an international digital wallet that allows you to
securely buy, use, and accept virtacoin currency. Everyone. Everywhere.

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Below is a table that compares the differences and similarities of VirtaCoin and Bitcoin according to certain characteristics.

 

Characteristics	VirtaCoin (VTA)	Bitcoin (BTC)
Launch Date	July 1,  2014	January 3,  2009
Type of Coin	Scrypt	SHA-256
Algorithm	Proof-Of-Work	SHA-256 Hashing
Block Time	60 seconds	10 minutes
Confirmations Needed	6	6
Transaction Completion Time	1 to 6 minutes	10 to 60 minutes
Total Coins To Be Mined	21 billion	21 million
Total Coins Mined So Far	8.8 billion	13.1 million
Highest Ever Price Per Coin	US$0.12	US$1,242
Market Capitalization	US$162,925	US$7,450,589,784
Addresses (Public Keys)	Begin with “1”	Begin with “1” & “3”
Difficulty	Retargets every 1 block	Retargets every 2016 blocks
Equipment For Profitable Mining	CPU, GPU & ASIC Scrypt Miners	ASIC SHA-256 Miners
Initial Block Reward	8000 coins	25 coins
Deflation Rate	Block reward reduced by 0.5% each week	Block reward halved every 4 years from 2016
Network Interconnection	Can send VirtaCoins to any Bitcoin address	Can send Bitcoins to any VirtaCoin address
Private Keys	Can be imported into some Bitcoin wallets	Most keys can be imported into VirtaCoin Core

 This table was last updated on August 13, 2014.