Yes, this is a masternode platform that rewards its users for holding coins. Vivo values masternode holders, offering 50% of the block reward to masternodes. Masternodes are the backbone of the Vivo network including PrivateSend and InstantSend technologies. They provide the infrastructure for instant and anonymous transactions, and reward their owners with a passive income.
Vivo provides the most beneficial reward policy for masternode holders known to date, with 50% of block reward being apportioned to masternodes. This multi-layered strategy ensures that Vivo remains a secure and decentralized digital currency, capable of providing fast, anonymous, and secure transactions for its users. VIVO is a decentralized, open source and secure cryptocurrency that is based on Dash. This premine is said to be funded towards further development of this project and getting this coin listed on popular exchanges. With that said this coin has already been listed on Cryptopia – A strong and one of the popular exchange platform for Altcoins.
Vivo Markets
As this coin is based on Dash; it features Masternodes technology and that enables significant features on the network like near-instant, secure payments, and superior anonymous transactions. Just like majority of other Masternode coins VIVO also splits its block rewards equally. Block times are only 2 minutes and so its transactions will get confirmed quickly. The main reason is these coins are resistance to ASIC which allows regular users to participate in mining. There are many coins using this algorithm and so far we have guides on GoByte, Innova and Trezarcoin which we hope you find it useful. All these coins are based on Dash and among this category a low supply coin is VIVO.
VIVO blockchain is secured using NeoScrypt Proof of Work algorithm. NeoScrypt is an improved version of Scrypt algorithm which ensures network stability and sustainability. Also this hashing algorithm is basically ASIC resistance which gives everyone a fair chance to mine VIVO. In our previous guide we’ve covered all of its details except mining VIVO and that is what we’ll be covering here.
While technically all these coins may seem similar; their goal, values and their future plans for the project varies greatly. Here in this guide we’ll see what is VIVO cryptocurrency? VIVO coin features, its current market, technical specifications and wallet setup guide. Now since you have wallet address, mining software and pool details all we need to do is configure the miner.
Further solidifying its market presence, Vivo entered into a partnership with CLRT, enhancing its ecosystem and offering more value to its users. The Think Forward Festival served as another platform for Vivo to present its vision and technological advancements, engaging with a broader audience interested in the future of blockchain and digital currencies. Masternodes are central to the Vivo ecosystem, not just for the transactional privacy and speed they offer but also as a means of generating passive income for their operators. By holding and operating a masternode, individuals are rewarded with 50% of the block reward, a policy designed to incentivize the support and maintenance of the network’s infrastructure. When there are so many masternode cryptocurrency with features similar to VIVO why do you suggest VIVO coin?
If you are wondering then check this GINcoin post where we’ve explained a bit about what masternode is. Apart from this reward aspect masternodes secure VIVO coin network and that enables near-instant (InstantSend) and anonymous transactions (PrivateSend). The main vision of this coin is to keep the system decentralized and provide security, anonymity and fair mining. Also this coin is focused on community and has more priority towards ease of use and ease of access. Having said that this coin provides easy to follow beginner friendly guides to get started with this project.
Visit vivocoin.com
These devices store users’ private keys offline, providing a shield against online threats such as hacking or phishing attacks. Now as your mining software is also ready we need only last thing and that is pool connection details. Now let’s see the specifications of VIVO coin and get straight into VIVO coin wallet setup guide. According to CoinMarketCap VIVO ranks 845 and it is priced at $0.36 USD (5998 satoshi).
current community
- Masternodes are central to the Vivo ecosystem, not just for the transactional privacy and speed they offer but also as a means of generating passive income for their operators.
- There website is still under construction and the features which is mentioned in their roadmap such as mobile wallet and seamless merchant integration are being delayed.
- Now as your mining software is also ready we need only last thing and that is pool connection details.
- All these coins are based on Dash and among this category a low supply coin is VIVO.
- It depends on your personal risk tolerance and investment goals.
By allocating 50% of the block reward to masternodes, Vivo incentivizes the maintenance and operation of these crucial network components. Masternodes facilitate features such as PrivateSend and InstantSend, enabling instant and anonymous transactions that are vital for users seeking privacy and immediacy in their digital transactions. VIVO is an open source, vivocoin decentralized and secure cryptocurrency.
At the time of writing this article the current market cap is $797,625 USD with a daily volume of $3000. Next we’ll need to download the mining software for NeoScrypt. Once done the wallet should start synchronizing with the network.
- This multi-layered strategy ensures that Vivo remains a secure and decentralized digital currency, capable of providing fast, anonymous, and secure transactions for its users.
- Block times are only 2 minutes and so its transactions will get confirmed quickly.
- This technology is first introduced by Dash and later on many coins started implemented this as it secures and keeps the network further decentralized.
- Vivo provides the most beneficial reward policy for masternode holders known to date, with 50% of block reward being apportioned to masternodes.
- VIVO is an open source, decentralized and secure cryptocurrency.
- Vivo’s commitment to innovation is further evidenced by its focus on masternode technology, offering 50% of the block reward to masternode holders.
If you want to sync fast or are having trouble syncing, download the bootstrap and follow the instructions inside the file.Bootstrap up to blocks generated on December 4th, 2024. There are so many mining applications available for both NVIDIA and AMD graphic cards and all of them are capable of mining NeoScrypt algorithm. Instead of pointing out all of them we’ll just share the best ones for you to make things simpler. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. To check Vivo’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
Coins that gets listed on Cryptopia exchange will get some exposure and will reach wider audience. But that’s not the case when the entire market is bearish. The utilization of the NeoScrypt Proof of Work algorithm, an advancement over the traditional Scrypt algorithm, positions Vivo as a forward-thinking digital currency.
Vivo also puts greats value on the mining being ASIC resistant by utilizing the NeoScrypt Hashing Algorithm, the new and improved version of the popular Scrypt algorithm. Vivo, a cryptocurrency that emerged in 2017, has marked its presence in the digital currency landscape through a series of notable events and strategic moves aimed at enhancing its market position and technological infrastructure. Vivo’s commitment to its masternode holders is another key aspect of its use case.