It doesn’t happen all that often when an altcoin is taken over by the community, yet I have never heard the name before. Then again, I am also human, so apologies for that. VvXxCoin is the name, and they have a new developer in charge!
VvXxCoin is not an acronym of any sort, as that is the official name of this coin, and its units are expressed as VvXx. Intriguing, to be honest, as usually a cryptocurrency’s name has a deeper meaning. Regardless of that, let’s see what they can bring to the table.
VvXxCoin is one of the altcoins (in a rather lengthy list of coins) which has been taken over by the community. As they had no one available to ensure future development of this cryptocurrency, they got a helping hand from the SaffronCoin developer.
“VvXxCoin has a lot of potential, with some appealing features. Unfortunately when the original developer abandoned the coin, it left VvXx without any developments yet. Because of this, there was not much shareholder value to base itself from.”
Not the most ideal position to start from when you’re new and in charge of the development, but there is a plan! A development roadmap was provided by the SaffronCoin developer, which gives us an overview of what we can expect (with no official ETA’s mind you).
First item on the list is establishing a social media presence, as VvXxCoin currently has no Twitter, Facebook or Google+ account. Social media is an essential part in creating awareness for your cryptocurrency, so it’s a good start. Redesigns for the wallet and the logo will also be done fairly soon.
Some of SaffronCoin’s feature will be ported over to VvXxCoin it seems, as the developer want to bring an in-wallet IRC Chat and anonymity to this altcoin. VxSend will allow for anonymous transactions, whereas VxChat will be a built-in anonymous chat feature.
Last but not least, in-wallet trading is also on the list of priorities. As VvXxCoin is currently only listed on the C-Cex exchange, this means some unique coding has to be done in order to get this feature to work. All in all, this shouldn’t take too long though I’d say.
Now the big question remains : “Why did the SaffronCoin developer pick this coin specifically?’. Well, for starters, remodelling a coin to its full potential after a community is always a challenge, and certain people like to keep raising the bar for themselves.
On the other hand, VvXxCoin has a very limited coin supply, and is already past its Proof-of-Work stage. It could become a testing ground for SaffronCoin features, or the other way around. Or maybe development will take a different route entirely in the future. Who knows? All I know is that I can’t wait to find out more!
VvXxCoin technical specifications :
Name – VvXx
Algorithm – X13 PoW/PoS.
Abbr – VvXx
60 seconds block target.
Difficulty adjusts every block.
9% POS Annual
Total POW coins – 288000 VvXx. (POW now finished)
1% Premine – For development , bounties .
PoW 2880 Block (2 Days).
PoW Block REWARD – 100 .
Official announcement :