Dear CITEX users,
VCASH will be launched in CITEX P Board Trade Zone with the opening of VCASH/USDT trade pair.
VCASH Deposit: 17:00 on Oct 31, 2019 (UTC+8)
VCASH Trading: 17:00 on Oct 31, 2019 (UTC+8)
VCASH withdrawal time will be notified via announcement.
VCash combines the characteristics of Bitcoin with Mimblewimble technology. It inherits Bitcoin’s distribution mechanism and leverages on Grin’s privacy protocol by using Mimblewimble implementation.
VCash adopts Merged Mining to allow mining of VCash and Bitcoin simultaneously with the same ‘Proof-of-Work’ (POW) algorithm. Blockchains that utilize POW algorithm are susceptible to the risk of 51% attack on the network. However, Bitcoin has the largest number of miners worldwide and widely distributed hashing power, which significantly lowers the risk of a 51% attack. With Merged Mining, VCash is able to leverage on Bitcoin’s hashing power with the support from Bitcoin mining pools. Therefore, VCash possesses the same level of security as Bitcoin and launching a 51% attack on Vcash network would be very costly and, therefore nearly impossible. The goal of VCash is to be the most private and secure chain for storing values.
Maximum Supply: 21,000,000 VCASH
Block time: 10 minutes
Block reward: 50 VCASH
No dev fee
Official website: https://v.cash/
VCASH Twitter: https://twitter.com/vcashchain
VCASH Telegram: https://t.me/vcashcommunity
CITEX English Telegram: https://t.me/CITEX_EN
CITEX Twitter: https://twitter.com/Citexofficial
CITEX Facebook: https://www.facebook.com/citexglobal
CITEX Instagram: https://www.instagram.com/citexglobal/
Oct 31, 2019