What is Vertcoin?

So, what is vertcoin? The start of this year saw the emergence of a third peer-to-peer payment system – a digital currency as it were. This interesting animation by Duncan Elms looks at the (albeit short) history of this system of this new form of mining from Bitcoin to Litecoin and now to Vertcoin. It asks the question whether this third iteration of a major idea will, like others, prove to be the winner.