Vincoin Cash idea

Vincoin Cash tries to help everyone to understand all the nuances of the crypto industry related to the blockchain because this technology is our future. Millions of people are interested in using blockchain technology, and can see the potential for profit, however, most of them don’t know anything about the world of cryptocurrency. Most people still perceive interaction with the cryptocurrency as something very complex, incomprehensible and not reliable. Vincoin Cash is the solution to this problem. We are on a mission to build a more open, accessible and fair financial future!

Vincoin Cash mission

We are on a mission to build a more open, accessible, and fair financial future, one piece of software at a time. Our technology is revolutionizing the financial services industry by empowering millions across the globe to authenticate and transact immediately and without costly intermediaries.

Vincoin Cash doesn't have a person or institution who create new coins.
New coins are created by miners, and those miners could be you, your friends, family or colleagues.
Vincoin Cash can be created by your own PC, or laptop without any special hardware
(can be mined by CPU and GPU)

Why Vincoin Cash is different ?

Vincoin Cash is fungible
Vincoin Cash is fungible because it is private by default. Units of Vincoin Cash cannot be blacklisted by vendors or exchanges due to their association in previous transactions.
Unlinkable
Being a great feature, untreaceability doesn’t protect a receiver from defining his or her balance through inspecting incoming messages to the user’s public address.
Analysis resistant
Vincoin Cash blockchain analysis resistance results from its unlinkability, and is rarely analyzed by confused persons within the blockchain chain.vincoin.cash.
Vincoin Cash is untraceable
Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Vincoin Cash blockchain cannot be linked to a particular user or real-world identity.
Vincoin Cash increases your capital
Wallet encryption allows you to secure your wallet, so that a password is required before you can spend your coins.
No intermediaries/regulators
Vincoin Cash blockchain transactions are not affiliated to one person, and do not need KYC. Sending and receiving addresses are automatically hidden, which guarantee’s complete security.

Vincoin Cash is secure

Vincoin Cash is secure

Vincoin Cash is a decentralized cryptocurrency meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Vincoin Cash safe.

Wallet Encryption

Wallet Encryption

Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending coins. This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.

Vincoin Cash is private

Vincoin Cash is private

Vincoin Cash uses ring signatures, ring confidential transactions and stealth addresses to obfuscate the origins, amounts and destinations of all transactions. Vincoin Cash provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.

Download Vincoin Cash Wallet’s

Vincoin Cash is securely stored in a wallet on your computer, tablet, phone or laptop. Download yours and start sending and receiving payments with an address and a click.

macos
v1.6.2
windows pc
v1.6.2
github
v1.6.2

Mine Vincoin Cash

Mining of Vincoin Cash (VNC) can be achieved either by Solo mining, or pool mining.
Are you new to cryptocurrency and mining? Just download the Vincoin Cash wallet, set it up in seconds, and then click on the mining tab and hit ‘Start mining’ and receive Vincoin Cash (VNC) rewards.

Trade Vincoin Cash

Coming Soon

Vincoin Cash can be easily purchased and sold on a number of exchanges using all types of currencies. Find the one that's right for you and get coins in minutes. *Vincoin Cash can be identified on exchanges under currency symbols VNC

Name Exchange pairs Link to portal
Name BTC/BTX BTC/BTX Go to service >
Name BTC/BTX BTC/BTX Go to service >
Name BTC/BTX BTC/BTX Go to service >

Road Map

DEC 21, 2017

Vincoin Cash Launched
Congratulations! First Vincoin Cash nodes launched.

JAN 2018

Block Explorer
Launched block explorer for Vincoin Cash.

JAN 2018

Wallets
Windows, MacOS wallets created.

FEB 2018

Set up Mining
Set up mining tools and create user tutorials and documentation.

MAR 2018

Preparation
Preparatory work, testing

MAY 2018

Website released
Launched website and officially announced Vincoin Cash on social media.

MAY 2018

Community creation
Launched ambassadors program and started development of Vincoin Cash community.

Q2 2018

Vietnamese and Russian website language
Finished creating Vietnamese and Russian interface for the website.

Q3 2018

- Beginning of promotion campaign to inform and promote Vincoin Cash to the world.
- Airdrop and community program
- New release of the main website

Q4 2018

- New release of MacOS and Windows wallets
- Launch Ambassadors program
- Adding the Vietnamese language to the wallets
- Distribution of Airdrop coins to the community
- Listing Vincoin Cash on its first crypto exchange

Q1 2019

- Creating volume on exchanges
- Launch an active PR campaign
- Creation of 5000 – 10’000 mining nodes
- Onboard influencers and reviewers

Q2 2019

- Start expanding in Cambodia and Laos
- Continue to build our local community
- Translate interface
- Organize meet-ups and conferences

Q3 2019

- Build partnerships with online and offline businesses
- Increase use cases of Vincoin Cash
- Update research regarding private blockchain currencies

Q4 2019

- Implementation of VNC to fiat exchange
- Launch educational platform about blockchain and crypto
- Launch Vincoin Cash labs
- Partner with educational press, portals, and courses

Q1 2020

- Last Vincoin Cash is mined. On this day the last coin will be mined and there will be no more opportunities to mine coins, except for the 1% yearly inflation rate (future miners rewards)
- Launch the Vincoin Cash online store

Q2 2020

- Add VNC swipe functionality to any other blockchain 1=1

About us

We are a team of professionals with varying areas of expertise; a young, enterprising team that has been able to take advantage of previous projects. Our most valuable resource is our team of professionals. We strive to find the best talent who are passionate about our vision. We work hard to create the best environment for them to do things they love. We respect their previous achievements and also their privacy. We will introduce more about our team on our Medium in the future.

Team

Nick Vasilich

CMO
During the company’s early years, teamplayer #1 acted as the sole engineer, designer, and support.

Artem Makovetskiy

Design & Coding
During the company’s early years, teamplayer #1 acted as the sole engineer, designer, and support.

Vladymyr Horvat

Design & Development
During the company’s early years, teamplayer #1 acted as the sole engineer, designer, and support.

Michael Reynolds

Marketing
During the company’s early years, teamplayer #1 acted as the sole engineer, designer, and support.

Vadym Chebanenko

Social media
During the company’s early years, teamplayer #1 acted as the sole engineer, designer, and support.

Nikita Nekachaylo

Community manager
During the company’s early years, teamplayer #1 acted as the sole engineer, designer, and support.

Coin distribution

  • 15% Team
  • 15% Marketing
  • 15% Development
  • 55% Miners
Max possible total supply is 8 600 000 VNC
Bounty campaign included, 500 000 VNC

Donate to the ongoing development of Vincoin Cash

BTC
ETH
LTC

FAQ

  • What principle defines the value of Vincoin Cash?
    Vincoin Cash is a currency that changes its value based on the demand. For instance, if the demand exceeds the supply, Vincoin Cash will automatically gain value, thus increasing its selling price. Vice-versa also applies in this case. If the demand drops below the supply, Vincoin Cash will lose value and the selling price will drop.
  • How can I obtain Vincoin Cash?
    Vincoin Cash can be acquired in more than one way. You can eighter receive it through an exchange, or simply purchase it from an individual. Another way of gaining this currency is by mining Vincoin Cash from the Block Reward.
  • What is a mnemonic seed?
    Think of the mnemonic seed as a password that helps you restore your account if something goes wrong (computer crash, faulty internet connection, etc). The mnemonic seed is a series of 25 random words than need to be put in the right order to restore access to the wallet. After creating the mnemonic seed, we recommend writing it down on a piece of paper rather than using computer-based solutions, for safety reasons.
  • What are the privacy benefits of Vincoin Cash?
    Unlike other privacy systems for different coins, Vincoin Cash uses three different privacy technologies, reassuring the fact that the Vincoin Cash transactions are safe and most important, the transactions are anonimous. 1.Ring Signature – The ring is formed out of two pieces. The actual signer which is a one-time spend key that corressponds with an output being sent from the sender’s wallet and non-signers that resemble the past transaction outputs that are drawn from the Vincoin Cash BlockChain. The main benefit of the ring signature technology is the fact that it helps the sender to mask the origin of the transaction. 2. Ring CT – The purpose of the Ring CT is to hide the ammount of each transaction. Besides this, Ring CT will also make the payments unlinkable. 3.Stealth Addresses - Using a stealth address, the receiver of the income will generate a unique address in such a way that he will be the only one able to deduce the corresponding private key, thus resulting in an address that cannot be directly traced. Today, all Vincoin Cash transactions can only be performed using the privacy technologies mentioned above, therefore there is no risk of sending a transparent transaction.
  • What are the differences between Vincoin Cash and Bitcoin?
    Unlike Bitcoin, Vincoin Cash offers more protection by using its CryptoNote protocol to hide information related to transactions. Vincoin Cash hides this information as its purpose is to protect user transaction privacy. Bitcoin system is transparent to all users and all made transactions are public to everyone. Bitcoin does not use stealth addresses and payments can be traced directly to the sender's address. Some of the features that Vincoin Cash comes with include dynamic block sizes, tail coin emission and ASIC-resistant environment. Bitcoin on the other hand offers advantages to people who are willing to invest into ASIC custom made CPUs for mining.
  • Is Vincoin Cash block size limited?
    Vincoin Cash block size fluctuates over time as the currency changes its value according to demand. Vincoin Cash growth can be capped at certain intervals in oder to prevent ridiculous increases in amount.
  • What does a Blockchain represent?
    A Blockchain represents a system that stores a copy of all transaction history on the Vincoin Cash network. Every two minutes, a new block with the latest transaction information is created and added to the Blockchain. This chain allows the network to verify the available balance in accounts and make it resilient to attacks and centralization attempts.
  • What does fungibility represent and why is it important?
    Fungibility refers to a good or asset that is equivalent with another individual good or asset as long as they are identical in specification, therefore have the same value. An example would be currency, where two persons can exchange a 10 for two 5's and would still have the same value. However, supposedly that the 10's were previously used in a ransomware attack. This could make the trading seem shady for the other person and the trade could not take place anymore. Vincoin Cash is fungible, which means people do not need to go through this struggle.
  • How can I be sure that Vincoin Cash is not created out of thin air?
    With Vincoin Cash, there is a unique key image asociated to every transaction output that can be generated only by the holder of that output and used once. Attempting to use a key image more than once will be rejected by the miners as "double-spends" and will not be added to a valid block. For every new transaction, miners verify that the key image has not already been used in a previous transaction, to ensure it's not a double-spend. The value of the inputs spent and the value of the outputs that are sent are encrypted and can only be seen by the recipient. However, the transaction amounts can be verified as valid through the Pedersem commitments, which are cryptographic algorythms. This means that even though the Vincoin Cash value of each inputs and outputs cannot be determined, the encrypted output amounts you create (includind the output for the recipient and a charge output back to the sender along with the unencrypted transaction fee) is equal to the value of the inputs that are being spent, therefore their sums can be verified as being equal and a legitimate transaction can be confirmed. No observers can reveal the amount of the inputs or outputs but they can use mathematical calculations on the Pedersen commitments to determine that no Vincoin Cash was created out of thin air.
  • Why is my wallet taking so long to sync?
    Slow internet connections or faulty hard drives are the most common reasons for long lasting synchronizing processes. Nonetheless, the entire synchronizing process itself is quite time consuming due to the fact that: a. when running a full node locally, the computer requires a copy of the entire blockchain; b. when running a remote node, the computer still requires a copy of all outputs; Faster synchronizing times can be achieved by using a Lightweight Wallet, however, please have in mind that this type of wallet implies sacrificing some privacy for better sync performance.
  • How does a Lightweight Wallet differ from a Normal Wallet?
    A Lightweight Wallet enables sending view keys to nodes, scanning the blockchain for incoming transactions to your account and on your behalf. The information that the node receives is the time of the transaction, however, information related to either the ammount, the sender, or the recipient will not be exposed. A Normal Wallet on the other hand, can be used with a controlled node to avoid all privacy leaks, including the time of the transaction. Different types of wallet softwares allow users to control nodes therefore avoiding possible information leaks.