Veco coin is an innovative cryptocurrency that uses YescriptR32, an egalitarian Proof-of-Work (PoW) algorithm that enables coins to be mined by anyone using standard normal computingÂ hardware, ensuring true decentralisation of the blockchain network. Veco can be mined with GPUs, but CPU mining is more efficient.Â
Masternodes are active servers on top of a blockchain network that can perform a special role such as facilitating private & anonymous transactions, as well as powering decentralised applications (DApps). The Veco community are avid supporters of the masternode system and believe their true potential is yet to be realized.
Veco has a strong community that is passionate about blockchain technology and the masternode system. The community is involved in all key strategic decisions for the project, ensuring all stakeholders have a say in the future growth of the Veco ecosystem.
1,000 Veco coins are required to be posted as collateral to host a masternode. Masternodes payments will be enforced after block 10081.
Secure and instant transactionsÂ facilitated through the masternode network. The community can send or receive coins in fractions of a second.
PrivateSend technology adds privacy to user transactions. User transactions and flow of funds can be obscuredÂ to enable anonymous transfers.
Veco has an experienced team of cryptocurrency developers who are constantly working on project initiatives to drive value and increase adoption. The project will collaborate with like-minded and skilled programmers to enhance the ecosystem.