What is Vertcoin?
Vertcoin is a true cryptocurrency. Like Bitcoin and Litecoin, Vertcoin was built to act as a currency and be sent to exchange wealth and value. In January of 2014, the genesis block was mined implementing the Lyra2RE hashing procedure. Vertcoin leveraged industry proven hashing algorithms to create an enduring chained algorithm that favours GPU miners. On the Bitcoin network, large ASICs farms control over 50% of the network's hashing power. Centralisation leaves the network vulnerable to attack and contradicts the ethos of the blockchain.
Vertcoin has focused on keeping ASICs out of the network.
The Mining Experience
Vertcoin is a stream of passive mining income for anyone who wants it. With a powerful gaming computer, or a home built mining rig, you can pull out between 1 - 6 VTC a day. The ASICs resistance guarantees the existence of these artificial conditions. The currency can be forked at any time. In the future, if ASICs ever were developed for Lyra2RE, we would simply have to fork to a higher memory requirement and those ASICs would no longer properly function 
To avoid mining centralisation, the currency has proactively forked in anticipation of treats twice. First, on December 13, 2014 (block 208301), Vertcoin forked from Scrypt-Adaptive-N proof-of-work function to Lyra2RE as a proactive defense against emerging Scrypt-Adaptive-N capable ASICs. On August 10, 2015 (block 347000), Vertcoin forked from Lyra2RE to Lyra2REv2 because a botnet was controlling more than 50% of the hashing power of Vertcoin network.
Bitcoin, and most other proof of work cryptocurrencies, was first mined with CPUs than GPUs and finally ASICs. Anyone, from a Ugandan village, to a casual gamer can compete for blocks on this network. There are mining pools that anyone can join and Vertcoin even has a one-click-miner feature. More than one click is required, but it is no more difficult than installing a game or application on your PC or Mac.
I didn't set up mining on my laptop because my hash rate would be embarrassing. This guy, MrSotko CryptoCurrency
did. If you want to know how to mine Vertcoin, watch this YouTube tutorial.
There are lots of resources for staying up to date with Vertcoin and its development. The Vertcoin Whitepaper
is probably where any serious research into Vertcoin should being. It outlines the team's vision and what they have planned for the cryptocurrency. The Reddit FAQ,
answers questions about the cryptocurrency. Most of the developer communication is done through the Discord
chat platform and a YouTube
channel has video explanations and frequent updates for Vertcoin investors.
Why Choose Vertcoin Over Bitcoin?
If you are of the sensible opinion that sort of centralised mining isn't really a problem, you might be wondering if Vertcoin offers any advantages over Bitcoin? Turns out it does. VTC has a blocktime of 2.5 minutes. This makes the cryptocurrency about the same speed as Litecoin. The Vertcoin network isn't as congested, so it's faster and cheaper than sending transactions on Bitcoin.
Vertcoin also has a partnership with Litecoin to share the Lightning network
Increasing the memory requirement means that any potential ASIC device would have to physically be designed with more memory for each thread. In the future, if ASICs ever were developed for Lyra2RE, we would simply have to fork to a higher memory requirement and those ASICs would no longer properly function