Viacoin

Litecoin

Bitcoin

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/how-to-buy-viacoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">How to Buy Viacoin?</a><br></p>
<p style="text-align: justify">Viacoin positions itself as the first cryptocurrency to implement OP_CHECKLOCKTIMEVERIFY, a crucial component for Lightning Network and atomic swaps.</p>
<h2 style="text-align: justify" id="what-is-viacoin-via">What is Viacoin (VIA)?</h2>
<p style="text-align: justify">Viacoin is an open-source cryptocurrency derived from the <a href="https://en.coin-turk.com/bitcoin-consolidates-as-average-transaction-volume-hits-lowest-in-over-two-years-is-a-surge-imminent/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> protocol, created in 2014. It boasts a total supply of 23,176,392 coins and a block time of 24 seconds, providing transaction speeds 25 times faster than Bitcoin. Viacoin can execute up to 175 transactions per second through scaling solutions like Segwit or the Lightning Network, making it ideal for fast (micro) transactions.</p>
<p style="text-align: justify">With Viacoin, you can perform inter-chain atomic swaps between different cryptocurrencies without the need for centralized exchanges. Viacoin was the first cryptocurrency to integrate Peter Todd’s OP_CHECKLOCKTIMEVERIFY BIP 65 proposal. Our atomic swap contract uses SHA256 secret hashes (instead of RIPEMD160) for increased security and broader compatibility with altcoins.</p>
<p style="text-align: justify">Moreover, Viacoin utilizes merged mining, also known as ‘AuxPoW.’ This allows miners to mine multiple blockchains simultaneously. A miner can mine Litecoin and Viacoin or any other Scrypt-based coin at the same time. Miners are incentivized to mine Viacoin even for lower rewards, resulting in a significantly high network hashrate which greatly enhances network security.</p>
<p style="text-align: justify">Viacoin has also adopted SegWit. Segregated Witness reduces the size of transactions and addresses the issue of UTXO growth. It aims to increase the number of transactions per block by two or three times while simultaneously speeding up block synchronization for new nodes. Viacoin will integrate other features like Schnorr signatures to further reduce transaction size and costs.</p>
<p style="text-align: justify">Viacoin is ready for the Lightning Network. This shifts the majority of transactions to off-chain payment channels, allowing for several orders of magnitude improvement in transaction volume. This enables the network to handle billions of transactions per second.</p>
<h2 style="text-align: justify" id="where-to-buy-via-coin">Where to Buy VIA Coin?</h2>
<p style="text-align: justify">VIA Coin can be quickly and securely purchased through <a href="https://accounts.binance.com/en/register?ref=QBIBRK4D" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Binance</a>, the world’s largest cryptocurrency trading platform by trading volume.</p>
<p style="text-align: justify">To buy VIA Coin, you first need to sign up for <a href="https://en.coin-turk.com/binance-continues-investments-amid-market-recovery/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> and then send fiat money. After sending a fiat currency like US dollars, you can buy Bitcoin (<a href="https://en.coin-turk.com/significance-of-record-breaking-first-day-volume-for-bitcoin-etf/" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) and perform a purchase transaction in the VIA trading pair.</p>
<p style="text-align: justify">In addition, on <a href="https://accounts.binance.com/en/register?ref=QBIBRK4D" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Binance</a>, users can place a buy order not only at the market value but also at a lower price. To do this, you just need to use the Limit tab and enter the amount and price you want to buy at.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/how-to-buy-viacoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">How to Buy Viacoin?</a></h5>

How to Buy Viacoin?

Table of Contents

COINTURK NEWS

Other articles published on Mar 29, 2024

Dogecoin Surges 37%: April Price Potential?

UK and U.S. unite to expose Russia’s $20 billion illegal crypto trade

Crypto Analyst Predicts 600%-1000% Return For XRP, Here’s The Target

XRP’s Big Names Are Talking Up NFTFN’s Potential, Convinced It’s On Track to Reach $5 and Make Waves

Dogecoin’s Soaring Market Performance Defies Crypto Correction

Polygon (MATIC) and Immutable X (IMX) Whales See Algotech (ALGT) as Best Presale Opportunity in 2...

Join our free newsletter for daily crypto updates!