VF Cash is a Cryptocurrency
project that started on the 23rd of April 2019. It has no Proof-of-Work (POW)
but instead features the world’s first Proof-of-Key (POK) algorithm, consisting of a finders-keepers distribution system similar to mining, and a transaction rate limit per address / public key of three seconds for the confirmation period. This prevents the sender of the transaction from making any further transactions during this period. VF Cash is a minimal implementation unordered chain, commonly referred to as a directed acyclic graph (DAG)
, and the networking uses UDP
. The Digital Signature algorithm uses secp256r1.
Divisible to three decimal places, VF Cash is written in C
, compiled with GCC
, 256-bit key length, Transactions are 76.16% smaller than an average Bitcoin-Core
Transactions are free as there are no charges for making a transaction on the network. However, transactions do create inflation of the currency which is partly paid back to the node operators as rewards.
Currently Trading on VGATE