Viacoin is an open-source cryptocurrency that was created in 2014 and is based on the Bitcoin protocol. It supports embedded consensus with an extended OP_RETURN of 120 bytes and provides 25x faster transactions than Bitcoin.

Furthermore, the inflation rate of Viacoin is low, given its low block reward, which is offset by miners’ incentives to mine Viacoin through Merged mining (AuxPoW). Notably, F2Pool, one of the largest mining pools, is currently mining Viacoin at a high hash rate and the mining reward halving occurs every 6 months with a total supply of 23,176,392.41459 coins.

Additionally, its mining difficulty is adjusted with a Kimotos Gravity Well algorithm, and its mining reward halving occurs every 6 months. There is a total supply of 23,176,392.41459 coins, and F2Pool, one of the largest mining pools, is currently mining Viacoin at a high hash rate. The Lightning Network will also be supported. Versionbits to allow up to 29 simultaneous Soft Fork changes to be implemented.

This wiki was established in 2023 and will serve as a resource for developers interested in learning about Viacoin and related blockchains such as Litecoin and Dogecoin since we have a lot in common. There is technical documentation available.

The widespread lack of technical knowledge among investors and programmers prompted the building of this wiki. This wiki's purpose is to demonstrate its genuine craftsmanship and serve as our own documentation.

I decided to take the initiative to produce this documentation because, in 2016, I became frustrated with the lack of technical documentation for Bitcoin and comparable UTXO blockchains.

There are a few books with abstract explanations but nothing that is actually technical and recorded. I've chosen to do it myself after 6 years of waiting. Many individuals, I believe, are unwilling to write and record everything.

Even Bitcoin Improvement Protocols are written and abstracted in such a manner that only a few thousand individuals comprehend them.

However, Bitcoin & Viacoin will never be finished, and understanding the code will be impossible since a new change for bitcoin is made every day.

This will be a useful wiki for people interested in learning about Bitcoin, even if you consider yourself a "bitcoin maximalist" since I will also cover Bitcoin Core code.

A whitepaper for Viacoin was published in 2017, which is 6 years ago. After gaining experience and researching for several years, it was decided to recreate Viacoin from "scratch" to describe everything, including the complicated C++ code.

First of all, to clarify, there's no "competition" between Viacoin, Litecoin, and Dogecoin.

Viacoin and Litecoin use the Scrypt algorithm.

Viacoin and Dogecoin have something special in common, which is Scrypt Auxiliary Proof of Work mining. All three coins, however, share the same hashing algorithm. At the same time, Viacoin and Dogecoin support Scrypt Auxiliary Proof of Work mining, which means miners can benefit from mining all of them simultaneously. Since each coin has a different block time, miners can switch between them to maximize their hash rate and make more money. Therefore, miners can benefit from mining all three coins simultaneously, as all three coins benefit from each other due to "Scrypt Auxiliary Proof of Work" mining.

Viacoin's Scrypt Auxiliary Proof of Work mining with Litecoin and or Dogecoin is a method that allows miners to mine both Viacoin and Litecoin simultaneously.

Since each coin has a different block time, miners can switch between them to maximize their hash rate and make more money. Therefore, miners can benefit from mining all three coins simultaneously, as all three coins benefit from each other due to the Scrypt Auxiliary Proof of Work mining method.