Vcash, previously called Vanilla Coin (VNL), is a decentralized currency for the internet. It enables you to send money to anywhere in the world instantly for almost no cost.
Vcash was engineered to be innovative and forward-thinking. It prevents eavesdropping and censorship, promotes decentralized, energy efficient and instant network transactions.
Secure and Private - An encrypted 3-tier network utilising widely deployed standards based algorithms.
Instant - Payments are recieved instantly by the recipient thanks to ZeroTime.
Peer to Peer - Using a decentralised network there is no 3rd party to trust.
Global - Transactions have no borders.
Low Fees - Lower than banks or credit cards.
Open and Free - Open source code allows anyone to contribute.
You can read the full whitepaper here: https://v.cash/papers/vanillacoin.pdf
Block explorer data from https://explorer.v.cash/
Vcash is not a descendant of Bitcoin. While it shares the same basic network and cryptographic principles it's code is written using a backwards compatible but modern approach using C++11. The Vcash development team has decades of experience designing and deploying large scale autonomous peer-to-peer systems.
Vcash has invented many breakthrough technologies such as ZeroTime to provide sub-second (safely confirmed) transactions, Node Incentives to ensure the network remains robust and ChainBlender to provide ahead of time transaction anonymity. Currently we are exploring the area of Self Governance.