vTorrent (VTR) is an open source crypto currency. It is also a decentralised crypto currency. vTorrent crypto currency was launched in late months of the year 2014. It was launched as the fork of Shadow (SDC) crypto coin.
vTorrent is also the world’s first client of decentralised crypto currency that is having built in access to the Bittorent user network of monthly 150 million to 250 million.
The most innovative and distinctive and planned feature of the vTorrent (VTR) software project was to incorporate a Bit Torrent client into the vTorrent wallet. This was an effort to make an appeal to the number of users of Bit Torrent, while making the transactions of this crypto currency VTR anonymous and absolutely difficult to trace.
Technically speaking, this vTorrent (VTR) crypto coin was launched using the mechanism of Proof of Work (PoW) consensus. It also uses Scrypt as its hashing algorithm. This helped in generating the initial pool of tokens.
It was about a 3% pre mine. But it later gradually migrated to a Proof of Stake (PoS) phase. It moved with an interest rate of 5%, which was paid to the stakers.
The vTorrent wallet has some very interesting features. It has anonymous chat feature which is no where else to be found with explorer of blockchain and with an exceptional option of trading crypto coins on Bittrex exchanges.
The user will be use the vTorrent on her/his choice of mobile device as soon as the transmission Bittorent client is released fully. But the vTorrent network will keep on deploying major upgrades to increase privacy of users even before the release of transmission client is done.
The client of vTorrent crypto currency (VTR) will be able to scale to billion of users. It will also soon be helping creators of contents all around the world to effectively connect with the buyers.
vTorrent is the natural evolution of uTorrent. Both of them have same functionalities. But they have paid seedings. This process of paid seeding is to motivate more number of people to share and provide an innovative way for the creator of contents. It also helps the content creators to get suitably paid for their hard work.
The contents can be shared on a distributed network with absolute privacy. The users will be rewarded for selling their files and earn up to 5% interest on the user’s VTRs for the user’s contribution to the network. There is no censorship in vTorrent network and the user can join millions of social media for private chats.
vTorrent is a developing and growing network of crypto currency providing services with great features and potential.
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