Via Coin is an open source digital currency created on the Bitcoin Agreement in 2014. It supports embedded consensus and supports extended OP_RETURN120 byte assistance. Via coins are characterized by Scrypt merge mining, also known as Auxiliary Proof-Of-Work (usually referred to as AuxPoW), which is 25 times faster than Bitcoin (24-second block time). 

Via's mining reward halving is performed every 6 months (current block rewards are 0.3125 coins per block), making inflation and mining feedback relatively low. To maintain mining interests, merged mining (AuxPoW) has been implemented, where the largest share of hash is derived from the Litecoin network. Via coins are currently mined by F2Pool, the world's largest mining pool, so they maintain a very high hash rate. 

Via's other features include the Dark Gravity Wave mining difficulty adjustment algorithm, designed to solve defects in Kimotos Gravity Well, version bit (BIP9), and allow up to 29 parallel soft fork functions to be executed in the code base, as well as Segwit and Lightning Network.

1. Project introduction

ViaCoin (VIA) plans to develop a protocol called "ClearingHouse" to build VIA blocks and allow applications to be built on them. The total amount reached 92 million. The initial 10 million is distributed only through pre-sales and does not allocate pre-mining coins to developers. The remaining 82 million VIA will be distributed as block rewards over the next 24 years. Weiercoin is currently approaching 7000 blocks, with a block confirmation time of 24 seconds. 0 The reward mining period will last until some time tomorrow morning. After the block reward begins, the reward will be reduced for every 10,000 blocks.

VIA coins have Styx functions, which are characterized by high anonymity. They use zero knowledge or payment (zero knowledge contingent payment proof), which allows users to make anonymous payments, both safe and fast, leaving no traceable information in the process, allowing passcoin holders to safely protect their assets and minus the risk of being stolen by others. Via coins have atomic mixing function, which uses smart contracts in Via coins Script function to execute atomic payment protocol, which allows us to exchange a hash or an elliptic curve password for calculations using a Via coins. In addition, the script function of via coins combines encryption calculations outside the blockchain and uses RSA encryption algorithm, random oracle model (ROM) and elliptic curve cryptography.

Vercoin was created to allow decentralized services on the blockchain, such as trading platforms, asset tracking and voting. The goal of Viercoin is similar to that of contract coins, Viercoin attempts to solve problems faced by previous projects by moving decentralized services from Bitcoin blockchain to blockchains that explicitly support such development.

2. Comment

Viacoin is an open source cryptocurrency project based on the Bitcoin blockchain. Viacoin was launched publicly in the cryptocurrency market in mid-2014, integrating decentralized asset transactions into the blockchain, achieving a speed that cryptocurrencies have never seen before.
The purpose of creating this Scrypt-based Proof of Work coin is to try to compare the structural problems of Bitcoin, mainly because the currency transitions from digital currency to a fixed way of store of value like gold, which hinders the congested blockchain delays of microtransactions.

Related links:

https://viacoin.org/
https://info.binance.com/cn/currencies/viacoin
https://medium.com/@DustinKCochran/viacoin-via-in-depth-review-c56fbe76f5a6
https://github.com/viacoin/documents/blob/master/whitepapers/styx/Viacoin-Styx-Whitepaper.pdf