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Frequently Asked Questions – https://leowiki.com

General

What is Verge?

verge is a digital currency designed for people and for everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial determination of providing individuals and businesses with a flying, efficient and decentralized means of making direct transactions .

What is the Verge Currency Mission?

Our mission is to empower people around the global by bringing blockchain transactions into casual life. Verge makes it possible to engage in conduct transactions cursorily, efficiently and securely. With Verge, businesses and individuals have flexible 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 list DogeCoinDark. In 2016, it was rebranded to Verge Currency .

Is Verge Currency Open-source?

Verge currency is gallant to be 100 % open-source. Our project is run wholly by tennessean community members and dedicate individuals who wish to make a difference in the earth.

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 subscribe exchange. If you have a mobile device, you can besides take scepter 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 certain amount to go to a particular cover before releasing it to the public .

What is the total supply of Verge Currency?

The maximum supply is capped at 16.5 billion XVG .

Why is the total supply so high?

Verge Currency is designed this way on purpose to allow for convenient requital amounts in everyday function. As opposed to Bitcoin, you would not have give with 0.00004 BTC, for case. Another rationality is to reduce the risk of market handling by making it harder to control a adult parcel of the total add .

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 amount of coins to affect the mint distribution or total circulation. This is so far another argue for high sum supply. however, if you feel like burning some of your own coins, please feel dislodge to do therefore or donate to the team ; ) .

Is it a inflationary coin?

No, the sum 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 time of writing ( 2017 ) .

How can I use Atomic Swaps?

Atomic Swaps Capability is use when trade on decentralized exchanges ( DEX ) .

How can I accept Verge for my business?

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

How can I support the Verge Currency project?

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

How Is Verge Development Funded?

scepter is an open-source visualize, so all of the development work is funded by the developers and residential district donations. We are presently exploring early 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-eyed align 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 sociable platforms and are very active on Twitter, Telegram, Slack, and Discord .

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