Viacoin (VIA) is an open source cryptocurrency created in 2014, with its underlying technology derived from the Bitcoin protocol. Unlike Bitcoin however, Viacoin is able to offer transactions up to 25x faster due to having a 24 second block time, and can handle 175 transactions per second without scaling through Segwit or Lightning Network.
Viacoin also features a functionality called Scrypt Merged mining or Auxiliary proof of work (AuxPoW), which allows it to be mined at the same time as other cryptocurrencies, conserving computational power.
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A lot of members like to hold onto their Viacoin in case it increases in value. You can hold your Viacoin in your Cointree account or transfer it to a private wallet.
Cointree allows you to trade any portion of your Viacoin to over 100 other digital currencies instantly.
When buying Viacoin with Cointree, you are able to send your Viacoin to any other Viacoin wallet easily and instantly.
You can use Viacoin to buy many things online aswell as in physical stores. More businesses are accepting Viacoin every day.
Cointree provides a comprehensive learning hub to turn you from a beginner to an expert in no time.
You can pay any Australian BPAY bill using any digital currency.