Vcash (XVC)
Vcash (XVC), formerly Vanillacoin (VNL), is a decentralised 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 masternodes) and DarkPP (a framework for building decentralised DarkNet applications).
Category: Currency
Initial release: 2014.12.23
All time low: 0.007026 USD
All time high: 1.16 USD
Pros:
-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%
-Off-chain tx lock voting system
-Encrypted 3-tier network with UDP layer
Cons:
-In the privacy currency segment, there are many competitors whith more advanced tech and better recognition
-Small community and low userbase numbers
Similar projects:Komodo, Zcash, Pivx,Verge, Monero
Key figures: Unknown
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