Vanillacoin - currently POW and POS
quick summary of vanillacoin?
Purpose: John is trying to build VNL into a scalable, secure, decentralized currency with instant transactions that won't have to centralize in the future. Bitcoin will most likely have to centralize (with only large corporations mining it, putting up nodes, and offering instant txs) over the next few decades for a variety of reasons.
Current Features:
-Only coin other than Bitcoin that only requires 1 confirmation on Poloniex. You can test this by going here:
https://poloniex.com/public?command=returnCurrencies and searching for minconf":1,"
-Only coin that has staking mobile wallets that allow you to move your wallet.dat to your PC from your Android and iOS wallets
-Only coin with near-instant 0-confirmation transactions that doesn't use master nodes. You can receive node incentives if you have 10,000 in collateral, but collateral is not necessary to be a super peer. You just need an open VNL port, a certain amount of uptime, and possibly a certain amount of bandwidth.
-Only coin that has encrypted connections and gives you a random port if you have no config.dat. All your ISP will see is normal SSL traffic while monitoring your ports, which is unlike what happens with all other coins. If you're using Bitcoin and your ISP monitors your ports, it will know you're using port 8333, which means it knows you're using Bitcoin.
-Only coin that automatically burns all tx fees, and they're not sent to a burn address either
