Vertcoin Accepted Here

Popular crypto-currency Vertcoin accepted here at BitStickers as a payment method.

This basically means you can buy or pay any product or service in our system with Vertcoin.

 

What Is Vertcoin?

Vertcoin was created in 2014. It is a direct hedge against long term mining consensus centralization on the Bitcoin mining network. Vertcoin achieves its mining consensus solely through Graphics Cards as they are the most abundant / widely available consensus devices that produce a reasonable amount of hash rate. This is done using a mining algorithm that deliberately geared against devices like ASICs, FPGAs and CPUs (due to botnets) making them extremely inefficient. Consensus distribution over time is the most important aspect of a blockchain and should not be taken lightly. It is critical that you understand what blockchain specifications mean/do to fully understand Vertcoin.

Vertcoin For Individuals

Vertcoin is the easiest way to transact at a very low cost, meaning credit cards no longer have a monopoly on the finance industry.

Mobile Payments Made Easy

Vertcoin, when used on a mobile device, allows you to pay with a simple two-step scan-and-pay. There’s no need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive Vertcoin payments is to display the QR code in your Vertcoin wallet app and let the other party scan your mobile, or touch the two phones together (using NFC radio technology).

You’re In Control

As one of the most mature coins on the market (since 2014) Vertcoin transactions are secure. Your money is safe because you have all the control. You’ve got the power to authorize a payment and no one can make a payment on your behalf. As long as you protect your wallet’s login details, Vertcoin gives you complete control over your money and a strong level of protection against multiple types of fraud.

Always On, Everywhere

Vertcoin has been around since 2014 with a dedicated worldwide community of full nodes, it has one of the highest full node counts of any cryptocurrency.
Send and receive money on any platform that accepts Vertcoin because they are all compatible as they use the same open technology. Vertcoin is always ready to send.

A World Without Borders

Sending Vertcoin across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.

Control Your Fees

There is no fee to receive Vertcoins. And if you’re making payments, you control how large a fee to pay when spending. Fees are unrelated to the amount transferred, so it’s possible to send 1,000,000 Vertcoins for the same fee it costs to send 1 Vertcoin.

Privacy Management

With Vertcoin, there’s no credit card number that malicious actors can collect in order to steal from you. In fact, it’s even possible in some cases to send a payment without revealing your identity, almost like with physical money. You should, however, take note that some effort can be required to protect your privacy.

Vertcoin For Businesses

If you are a store owner, you can accept VTC in your store and help adoption of our currency. You can add yourself to this list by visiting us on discord or on the Vertcoin subreddit.

Control Your Fees

There is no fee to receive Vertcoins. And if you’re making payments, you control how large a fee to pay when spending. Fees are unrelated to the amount transferred, so it’s possible to send 1,000,000 Vertcoins for the same fee it costs to send 1 Vertcoin.

Fraud Protection

Vertcoin payments are irreversible and secure so as a business you can forget about fraud. Also, thanks to extremely low fees, you may easily refund Vertcoins with little impact on your business.

Borderless Payments

Sending Vertcoin across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.

Accept Payments Instantly

As a merchant, they know you’ve jumped through hoops to obtain security checks in order to comply with the PCI standard. The good news is that with Vertcoin you don’t have to worry about that ever again. The even better news is that you do not carry the costs and responsibilities that come with processing sensitive information from your customers like credit card numbers. Vertcoin still requires you to secure your wallet and your payment requests, but you’ll find that you do that already.

Merchant Adoption

With over 40 million Vertcoins in circulation, Vertcoin is the world’s newest burgeoning market searching for ways to spend their coins. With fractional outlay expenses, this is one of the better decisions you will make. Accepting them is a good way to get new customers and give your business some new visibility. Accepting a new payment method has often shown to be a clever practice for online businesses.

Multi-Signature

Vertcoin also includes a multi-signature feature which allows Vertcoin to be spent only if a subset of a group of people authorize the transaction. Similar to general consensus, this means that payments can only be validated with enough consent from other members and that ensures valid transactions.

Clean Accounting

Vertcoin makes accounting very transparent. As a business or not for profit you may produce accounting documents to outline activity. Achieve the highest level of transparency using Vertcoin. With a few clicks, you can provide information that your members can then use to verify your balances and transactions. Non-profit organizations can also allow the public to see how much they receive in donations.

Vertcoin For Developers

If you are a store owner, you can accept VTC in your store and help adoption of our currency.

Plug And Pay

Accepting Vertcoin is as simple as sending one. The setup is simple and can work across a wide range of clients and can be especially suitable for transparent donations and tips.

Third Party APIs

It’s easy to find payment processing services that provide APIs; you don’t need to store Vertcoins on your server and handle the security that this implies. Most APIs allow you to process invoices and exchange your Vertcoins into your local currency at competitive costs.

Be Your Own Bank

Get the best of all worlds and run a full node. Integrate a Vertcoin node directly into your applications, allowing you to become your own bank and payment processor. With all the responsibilities that this implies, you can build amazing systems that process Vertcoin transactions however you like.

Follow The Chain

Vertcoin creates a unique address for each transaction. So if you were to build a payment system associated with an invoice, you simply need to generate and monitor a Vertcoin address for each payment. Never use the same address for more than one transaction.

Client Side Security

Most security is handled by the protocol, eliminating the need for PCI compliance. Fraud prevention can be simplified down to monitoring a single variable: the confirmation score. Beyond that, keeping your Vertcoins secure is mainly a matter of securing your wallet and using HTTPS or other secure protocols to send payment requests to customers.

Inspired By Possibilities

Vertcoin removes financial limitations and allows you to design new and creative online services that couldn’t exist. Imagine tipping systems, automated payment solutions, distributed crowd-funding services, time-locked payment management, public asset tracking, low-trust escrow services, micro-payment channels, and more.

LIT: Multi-Coin Lightning Network

LIT is a lightning network implementation separate from LND/Eclair (Bolt Family) so it differs in the way it’s built. Instead of having a bunch of different lightning networks, one for each coin, LIT implements all the coins into a single protocol making a single unified multi-coin lightning network, rather than a fragmented subset of lightning networks. LIT is headed by Tadge Dryja the co-author of the Lightning Network whitepaper at MIT-DCI.

Crypto App Project

Crypto App is a Vertcoin project. The box takes care of all the hard parts about Cryptocurrency, lightning transactions or on-chain transactions and abstracts it all into a simple user interface controlled via your phone. It turns out to be pretty similar to the fiat banking/card payment system we all know and love today, but with crypto.

Every part of this system is widely available and can be assembled by the user. It also creates business opportunities for businesses who want to assemble and sell their own ‘Crypto Boxes’ and ‘Crypto Terminals’. This system forms the basis for payment system infrastructure that can scale & match the current UX of the fiat payment system. This system also acts as a full node/lightning node, so it ensures as many people as possible are running full nodes and also enforces crypto transfer best practices. Users are always in control of their private keys at all times. This system runs on the LIT Lightning Network. Hybrid Terminals that accept both Fiat and Crypto style payments are also feasible, the possibilities are in your hands. Currently, the main focus is on LIT, the lightning network that makes this multi-coin approach possible which you can follow the progress on through Github

Vertcoin’s Network

Vertcoin runs as close as possible to Cryptocurrency fundamentals, the whole “be your own bank” movement that started cryptocurrency to begin with. Vertcoin is chasing something entirely different from the ICO/Premine groups. They just want to change the financial system for the better.

We are a group of bitcoin enthusiasts and we are doing our best to promote the bitcoin to the world. The mission of “Bitstickers” is to help the global promotion of the cryptocurrencies. Around the web, you can find a dozen websites which sell stickers. Give us a try and test our superb printing quality and the materials we use. We love to make our customers satisfied and we will always do our best to make you happy with our service and products.

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