Frequently Asked Questions –


What is Verge?

verge is a digital currency designed for people and for casual consumption. It improves upon the master Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a firm, effective and decentralized room of making direct transactions .

What is the Verge Currency Mission?

Our mission is to empower people around the populace by bringing blockchain transactions into everyday life. Verge makes it possible to engage in direct transactions cursorily, efficiently and securely. With Verge, businesses and individuals have compromising options for sending and receiving payments securely and efficiently all around the world in a matter of seconds .

When was Verge Currency created?

Verge Currency was created in 2014 under the name DogeCoinDark. In 2016, it was rebranded to Verge Currency .

Is Verge Currency Open-source?

Verge currentness is proud to be 100 % open-source. Our undertaking is run entirely by tennessean community members and dedicated individuals who wish to make a dispute in the world.

How Can I Get Verge Currency?

There are a few different ways to get Verge coins. The most common option is buying them on a hold commute. If you have a mobile device, you can besides take verge on the go and send/receive coins with your mobile Verge wallet via our io app or Android app .

Where can I find technical documentation on Verge Currency?

In the “ Blackpaper ”. The Source Code can be found on “ GitHub ” .

Did Verge Currency have a pre-mine?

No, Verge Currency was not pre-mined. The development team and contributors purchase the coins on the open market like anyone else. A premine is a fund mechanism, whereby the developers of a currency allocate a sealed come to go to a especial address before releasing it to the public .

What is the total supply of Verge Currency?

The maximum provision is capped at 16.5 billion XVG .

Why is the total supply so high?

Verge Currency is designed this way on function to allow for commodious payment amounts in casual use. As opposed to Bitcoin, you would not have pay with 0.00004 BTC, for case. Another cause is to reduce the risk of commercialize handling by making it harder to control a big helping of the total provide .

Is the Verge Currency team planning to burn coins?

No. Since there was no pre-mine or ICO, the team does not hold a significant total of coins to affect the coin distribution or sum circulation. This is even another reason for high total supply. however, if you feel like burning some of your own coins, please feel free to do therefore or donate to the team ; ) .

Is it a inflationary coin?

No, the total circulation is capped .

How much is the transaction fee?

0.1 XVG

How fast are transactions?

Depending on the load of the network, it varies between 5 and 10 seconds .

What is the transaction capacity per second?

100 transactions per second .

When will the maximum supply be reached?

It is projected to be reached in 8 to 10 years at the clock time of writing ( 2017 ) .

How can I use Atomic Swaps?

Atomic Swaps Capability is utilized when trading on decentralized exchanges ( DEX ) .

How can I accept Verge for my business?

You can integrate XVG in your business by using Coinpayments or using existing APIs that can be found on GitHub. Click here for more data .

How can I support the Verge Currency project?

The simplest way of back is by donating to fund the development. XVG and BTC addresses can be found here. If you would like to contribute to the stick out in the area of software development, digital marketing, television and graphic design or any other, please fill out this shape or reach out to us directly via e-mail [ electronic mail protected ] .

How Is Verge Development Funded?

verge is an open-source project, so all of the development work is funded by the developers and community donations. We are presently exploring other methods to fund development including opening an official Verge Merchandise Store and Multi-Algorithm Mining Pool.

Why Does Verge Have a Public Ledger?

We believe a blockchain should be populace if it is a currency, for a wide array of reasons ; most of them to protect the users of the currency. With a public blockchain, you are able to see coin distribution and how many people are using the currency .

Where Can I Go to Learn More About Verge?

We are on a long ton of different social platforms and are identical active on Twitter, Telegram, Slack, and Discord .


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