Veltor (VLT) Preis

Veltor (VLT) is a decentralized cryptocurrency that operates on its own blockchain, designed to provide fast and secure payment transactions. It is based on the Proof-of-Stake consensus algorithm, which allows users to earn rewards for staking their coins and participating in the network's operation.

One of the unique features of Veltor is its use of the X11 hashing algorithm, which is designed to provide greater security and resistance to mining centralization compared to other hashing algorithms. The X11 algorithm uses a combination of different hashing functions, making it more difficult for ASIC miners to dominate the network.

Veltor also includes several features that make it suitable for use as a payment system. These include its fast transaction processing times, which can be completed within seconds, and its low transaction fees, which are designed to be affordable for users around the world.

In addition to its payment system capabilities, Veltor includes a built-in voting system, allowing users to vote on proposals and participate in the decision-making process for the future development of the platform. The platform also includes a staking pool, which allows users to pool their coins and increase their chances of earning rewards.