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Hello Dogedarkdev,
hello all,
the last coin will be mined approximately on 01.12.2019, this is 185 days from now. What is the plan to raise the value of the coin before the mining reward will drop to zero. As i understand, the only reward will then be the fee for the transaction? I think most miners will stop mining from one day to another and the network might fall apart.
Are there enough activities to raise the value of the coin before the last coin will be mined?
we have a new halving schedule in place to extend the remaining supply over the next 6 years. we did a poll on twitter, and the proposal is on our github.  Hello Dogedarkdev, if the new halving shedule should extend for the next 6 years, then there needs to be a faster blocktime. If it will remain on 30 seconds blocktime, the "halving" timetable will look round about like this: Reward change from 730 to reward of 123: 07.10.2019Reward change from 123 to reward of 61: 25.11.2021 Reward change from 61 to reward of 31: 13.01.2024 Reward change from 31 to reward of 15: 03.03.2026 Reward change from 15 to reward of 8: 20.04.2028 Reward change from 8 to reward of 4: 09.06.2030 Reward change from 4 to reward of 2: 27.07.2032 Reward change from 2 to reward of 1: 15.09.2034 Reward change from 1 to reward of 0: 09.04.2037Did i miss something?? |
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Hello Dogedarkdev,
hello all,
the last coin will be mined approximately on 01.12.2019, this is 185 days from now. What is the plan to raise the value of the coin before the mining reward will drop to zero. As i understand, the only reward will then be the fee for the transaction? I think most miners will stop mining from one day to another and the network might fall apart.
Are there enough activities to raise the value of the coin before the last coin will be mined?
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you mean for virtual USDT token not real USD  Thats true, yes. But its a great place to park the value.... at least it is not going down (not up as well). |
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Does anyone know why I'm not getting paid from yiimp.eu? I have been mining Verge for 2 days now but my wallet still shows 0 on the website and my Electrum wallet.
Here is my hash rate:
[2017-12-21 13:07:43] Stratum detected new block
[2017-12-21 13:07:43] GPU #0: GeForce GT 620, 41232 khash/s
[2017-12-21 13:07:48] GPU #0: GeForce GT 620, 529789 khash/s
[2017-12-21 13:08:06] Stratum detected new block
[2017-12-21 13:08:06] GPU #0: GeForce GT 620, 13066 khash/s
[2017-12-21 13:08:07] GPU #0: GeForce GT 620, 666382 khash/s
My wallet details from yiimp.eu
Miners: DPJcMqPs7x9vM9NmfSD22a4EL6R78u1LRF
Summary Miners Shares Hashrate* Reject*
Details Extra Algo Diff ES** Hashrate* Reject*
ccminer/2014.06.15 c=XVG x17 0.032 -
I don't see a place to get support from the website, so I thought I would just ask here. I'm new to this so sorry if I'm in the wrong place.
Thanks
i dont know, but the hashrate looks very small compared to maybe others and simply you get no rewards... |
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Rebranding is not the same as to disappear. Whats your point? |
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I think verge will position itself on top 30 permanently and when verge features comes out and the revelation of coins application and institutions already using it. verge will finally position itself as one of the top 20 coins in the crypto world. Go go verge.
If the run continue then it should be probably within this week. The bitcoin exchange rate keep on getting lower so some altcoins might be affected therefore nothing is certain yet at this point I can clearly see that I did not in vain choose this coin for my portfolio. ) I hope that everything will be even better when the tavern becomes harmonious.
For now this coin totally in the hot spot but some resistance are on the way and it might dip lower then the previous time. Pretty much normal as the graph wont stay green all the time so expect some dip soon. I dont see an big dip, we have to understand that it is not only money flowing from one coin to the other and lifting the price like it was in 7 years of crypto. Last few month, mostly last 6 weeks gained that much fresh money inside. The dip is to expect on BTC, since it is risky already to place money into BTC, since the technology is at its limits. Also not good enough as a reserve-coin, cause if you want to acces it you need 8 to 24 hours time and (or) place a fee of min. 40$ to your transaction. Hopefully the dip on BTC will not be that strong, since that would cause the whole market to shake and the masses would be feared to make future investments. We have times where new fresh money is lifting the prices. See the nice curve from august to december of BTC. It is that nice because it was about fresh money, not moving money. Never forget, someones win is someones loss is only valid in crypto, if the win is not gained with new money. So currently on most coins i dont see a big dip, see ADA, this will have to correct now, but lets see what the market will do, christmas is close. People will have time to think about an investement to crypto. |
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The sudden increase in price is due to John McAfee's tweet followed by interview, as well as the upcoming Wraith Protocol. I have not jumped onto the Verge train though. Feel like doing it now... Any veteran can offer me an advice? To jump on board now or to wait for a day or two, just in case the price further dips? Thanking you in advance!
I usually donīt do these kind of questions, but also iīve seen that Verge did not finished yet, Is that true? I understand noone know the future, but whatīs pending here regarding the price Any thoughts?   It should, if people will not panic, which they should not, cause most of us have been waiting for this 6 month... verge should follow in normal case the yellow line and where it crosses the orange one, follow the orange one... my opinion. But anyway i am holding much londer, for sure next 6 month.  |
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The price is falling rapidly
Yes, of course, it will, it was pumped up in just a couple of days. It will come back down even faster than it went up. XVG needs natural long-term growth. Hopefully, wraith will help with that. When you see a coin suddenly moon like that, it is almost certain that it will be a short pump. This time the cause was a tweet from someone well known. It is never a great idea to buy in during this time unless you are a day trader. Not to say that the pump is over yet, could be more left in it. As i have drawn the lines into the graph, if there is not an major country which will wake up to trade now, the pump is over and people start placing sell orders. Also daytraders are out, since aditional pumping would be epic, risk for daytrading is high now. But, as wraith is expected, the most will not sell the coin now, and who paid 350sats or 0,06+$ will not sell, this is for sure. One more pump and verge would be after that stable at 320sats, if not, it will balance at 288. We should not forget that workingdays are usually BTC/LTC and other big-fish coins growing, this will shrink verge maybe more down. But, the whole market right now seems to be little silent, it could continue in a few hours. Evening in europe and price is still nice to buy in for longterm holders. Nothing in crypto is impossible and XVG could go crazy, like it has shown in last few days and forward straight on... |
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are there folks here using electrum-xvg on linux and have trouble getting connected/synced?
it worked fine 4 hours ago, now: not connected message. restart of wallet doesn't help
still no luck with electrum.. no connection. checked port 50002 and 50001 on router and they are open. then I tried to import a privatekey in the windows wallet, debug windows does not execute commands.. wallets XVG aren't that great  will not post a screenshot of the importprivkey command but same error , you type it and press enter but will not execute hmmm, wierd thing is, the importprivkey command did execute, only nothing visible in console. After several minutes the address (of the priv key) was there in the wallet with funds... maybe just a GUI bug in the console ? windows wallet is version 2.1 electrum on linux still no connections which server are you trying? all 5 servers that i just tried seem to be working fine. sometimes the .xyz server gets full though (because its the first in the list/default) Hello Dogedarkdev, can you address my question and the PMs you got? I am not here for the FUD, but just to make it clear. THX |
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can anyone answer to this
"
i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?
thanks
1 billion in 5 months? where did you create that figure from? 714,000 to 2,124,000: 1,560 coins <- we are here 2,124,000 to 4,248,000: 730 coins - this is next a few of us were brainstorming the other day in our discord chat, and came up with about 7 years left of proof of work... (before the block reward becomes transaction fees) I remember me starting with verge mid/end of august, it was at 13.8 billion (coinmarketcap) And in that time i also have seen a video (uploadee 19.07.2017) where is mentioned that there are 3 billion left to maximum supply... 19.07.2017 to 15.12.2017 is roughly 5 months... and now we have roughly 2 billion left... maybe the numbers are not absoultely correct, but even if they are wrong, 7 years seems to be wrong as well and little much optimistic. https://youtu.be/sr-Co01ZKMU?t=168look at the halving schedule, and do the math. 30 seconds blocks, 2 blocks per minute, x 24 hours, x 365 days in a year Thanks for the informations. Where to find the shedule? Could you write down the next steps in the shedule? Maybe i did something wrong (please correct me), but here is the math: From block 714.000 to 2.124.000 the reward per block is 1.560 coins (actual!) So actual coins mined per year is 1.639.872.000 2 blocks per minute X 60 minutes X 24 hours X 365 days = 1051200 blocks per year 1051200 blocks per year = 1.639.872.000 coins reward per year. We are at blockheight 1.723.604 and till next halving we have to go 400.396 BLOCKS (Equals 624.617.760 COINS) 400.396 to go at current reward level with 2880 BLOCKS per day means halving of the reward will be in 139 days (EQUALS 4.6month) (THIS means 624.617.760 COINS in 4.6 MONTH are mined) Current supply is 14.386.503.099 + 624.617.760 (reward in next 139 days) RESULTS IN 15.011.120.859 supply on third of May 2017. AFTER third of may 2017 will remain 1.543.879.141 COINS till maximum supply is reached. (and 2.124.000 BLOCKS to next reward halving) FROM THAT DAY ON the number of new coins per year will be 767.376.000 (The max supply will be reached 2,011 Years after 03.05.2017) FROM THAT DAY ON (03.05.2017) the time to reach next halving will be after 2,0205 years. That means, the halving would happen after the max. supply is reached... so never. The last verge will be mined at 03.05.2020. From that day on the only reward will be the fee. And the fee will be 5XVG per transaction? So to pay 5$ the fee will be additional 5$? What is the way verge will change? It needs to change if it will be more than what it is now, or it will sink to the ground as fast as it went up.   Can somebody, maybe the dev, say something to my math and show me where i am wrong? Cause i really hope i am wrong. Yes i need to know more about Verges Math too . Coin looks good .But the numbers don't add up thats a big problem . All so XVG was removed from Changely for some reasons .i can't find it there anymore . As well i think the block reward now of 1560 XVg = 39$ is little to high for my opinion. Lets say last week it was 12$ OK, this will adjust when the halving will happen, but till the halving the price will grow, lets say to 0,1$ ... this would be a block reward of 156$ .... sorry from my opinion to much at this blockspeed. We have to change the blocktime, the reward to some dynamic value which will adapt to the actual value of the coin... the fee as well. The reward should be from my opinion now at ~480 .... i have really doubts about the numbers which do simply not match. I would like to please the DEV to correct my math or the actual reward, to keep the coin alive for more than 2020. If not, i will have to ask those questions on other platforms where it will reach more users, and maybe some math-genius who will bring light to the numbers. Maybe i am just wrong. |
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can anyone answer to this
"
i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?
thanks
1 billion in 5 months? where did you create that figure from? 714,000 to 2,124,000: 1,560 coins <- we are here 2,124,000 to 4,248,000: 730 coins - this is next a few of us were brainstorming the other day in our discord chat, and came up with about 7 years left of proof of work... (before the block reward becomes transaction fees) I remember me starting with verge mid/end of august, it was at 13.8 billion (coinmarketcap) And in that time i also have seen a video (uploadee 19.07.2017) where is mentioned that there are 3 billion left to maximum supply... 19.07.2017 to 15.12.2017 is roughly 5 months... and now we have roughly 2 billion left... maybe the numbers are not absoultely correct, but even if they are wrong, 7 years seems to be wrong as well and little much optimistic. https://youtu.be/sr-Co01ZKMU?t=168look at the halving schedule, and do the math. 30 seconds blocks, 2 blocks per minute, x 24 hours, x 365 days in a year Thanks for the informations. Where to find the shedule? Could you write down the next steps in the shedule? Maybe i did something wrong (please correct me), but here is the math: From block 714.000 to 2.124.000 the reward per block is 1.560 coins (actual!) So actual coins mined per year is 1.639.872.000 2 blocks per minute X 60 minutes X 24 hours X 365 days = 1051200 blocks per year 1051200 blocks per year = 1.639.872.000 coins reward per year. We are at blockheight 1.723.604 and till next halving we have to go 400.396 BLOCKS (Equals 624.617.760 COINS) 400.396 to go at current reward level with 2880 BLOCKS per day means halving of the reward will be in 139 days (EQUALS 4.6month) (THIS means 624.617.760 COINS in 4.6 MONTH are mined) Current supply is 14.386.503.099 + 624.617.760 (reward in next 139 days) RESULTS IN 15.011.120.859 supply on third of May 2017. AFTER third of may 2017 will remain 1.543.879.141 COINS till maximum supply is reached. (and 2.124.000 BLOCKS to next reward halving) FROM THAT DAY ON the number of new coins per year will be 767.376.000 (The max supply will be reached 2,011 Years after 03.05.2017) FROM THAT DAY ON (03.05.2017) the time to reach next halving will be after 2,0205 years. That means, the halving would happen after the max. supply is reached... so never. The last verge will be mined at 03.05.2020. From that day on the only reward will be the fee. And the fee will be 5XVG per transaction? So to pay 5$ the fee will be additional 5$? What is the way verge will change? It needs to change if it will be more than what it is now, or it will sink to the ground as fast as it went up. Can somebody, maybe the dev, say something to my math and show me where i am wrong? Cause i really hope i am wrong. |
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can anyone answer to this
"
i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?
thanks
1 billion in 5 months? where did you create that figure from? 714,000 to 2,124,000: 1,560 coins <- we are here 2,124,000 to 4,248,000: 730 coins - this is next a few of us were brainstorming the other day in our discord chat, and came up with about 7 years left of proof of work... (before the block reward becomes transaction fees) I remember me starting with verge mid/end of august, it was at 13.8 billion (coinmarketcap) And in that time i also have seen a video (uploadee 19.07.2017) where is mentioned that there are 3 billion left to maximum supply... 19.07.2017 to 15.12.2017 is roughly 5 months... and now we have roughly 2 billion left... maybe the numbers are not absoultely correct, but even if they are wrong, 7 years seems to be wrong as well and little much optimistic. https://youtu.be/sr-Co01ZKMU?t=168look at the halving schedule, and do the math. 30 seconds blocks, 2 blocks per minute, x 24 hours, x 365 days in a year Thanks for the informations. Where to find the shedule? Could you write down the next steps in the shedule? Maybe i did something wrong (please correct me), but here is the math: From block 714.000 to 2.124.000 the reward per block is 1.560 coins (actual!) So actual coins mined per year is 1.639.872.000 2 blocks per minute X 60 minutes X 24 hours X 365 days = 1051200 blocks per year 1051200 blocks per year = 1.639.872.000 coins reward per year. We are at blockheight 1.723.604 and till next halving we have to go 400.396 BLOCKS (Equals 624.617.760 COINS) 400.396 to go at current reward level with 2880 BLOCKS per day means halving of the reward will be in 139 days (EQUALS 4.6month) (THIS means 624.617.760 COINS in 4.6 MONTH are mined) Current supply is 14.386.503.099 + 624.617.760 (reward in next 139 days) RESULTS IN 15.011.120.859 supply on third of May 2017. AFTER third of may 2017 will remain 1.543.879.141 COINS till maximum supply is reached. (and 2.124.000 BLOCKS to next reward halving) FROM THAT DAY ON the number of new coins per year will be 767.376.000 (The max supply will be reached 2,011 Years after 03.05.2017) FROM THAT DAY ON (03.05.2017) the time to reach next halving will be after 2,0205 years. That means, the halving would happen after the max. supply is reached... so never. The last verge will be mined at 03.05.2020. From that day on the only reward will be the fee. |
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can anyone answer to this
"
i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?
thanks
1 billion in 5 months? where did you create that figure from? 714,000 to 2,124,000: 1,560 coins <- we are here 2,124,000 to 4,248,000: 730 coins - this is next a few of us were brainstorming the other day in our discord chat, and came up with about 7 years left of proof of work... (before the block reward becomes transaction fees) I remember me starting with verge mid/end of august, it was at 13.8 billion (coinmarketcap) And in that time i also have seen a video (uploadee 19.07.2017) where is mentioned that there are 3 billion left to maximum supply... 19.07.2017 to 15.12.2017 is roughly 5 months... and now we have roughly 2 billion left... maybe the numbers are not absoultely correct, but even if they are wrong, 7 years seems to be wrong as well and little much optimistic. https://youtu.be/sr-Co01ZKMU?t=168 |
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Hello all Vergers,
i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?
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Just we have been recently on place 54... right behind GameCredits... GAME continued to 47, we went back 66 (Syscoin 65...)... i think to much information cycling around wraith with to less action. But, this will flip after release of wraith. |
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The central topic of this community communiaction seems to be talking about that Verge price will fly to the moon. Many people in here are not really interested in the technical advantages of this coin or suggest new useful features for XVG.
Feel free to leave the community, not to read here, not to write here. Interesting is, that many claim about verge and the forum, but anyway they are here,... and lets guess, ...have a bag full of verge. From my point of view people just address the FUD which seems to grow as verge grows. If there wouldnt be that many FUD, there wouldnt be that many responses to FUD. Don't tell again about to start just a discussion.... there is no discussion required since everything is written on vergecurrency.com. If something there is not clear, formulate a question! If you need help, for example with an verge wallet, you are welcome. THX |
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Is this a copy of Monero?
a glance at the whole coin, and the closer to the coin-supply would tell you, that verge is THAT, what monero users thought monero is. No lol. Verge is a copy of bitcoin. It doesn't use cryptography for privacy like monero does. XVG is psuedo-anonymous like bitcoin and 95% of other crypto-coins out there. It just uses tools like Tor and i2P to try to hide. The place of birth does not tell you anything about the first word that the baby will say. Also this first word will not tell you anything about his last word. Simply as that it is with software development. https://vergecurrency.com/faq/I think the mentioned "cryptography" will be born in a few days, so far verge is pregnant and we even do not know if it will by a boy, a girl or an alien  Just the name is clear: Wraith |
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Is this a copy of Monero?
a glance at the whole coin, and the closer to the coin-supply would tell you, that verge is THAT, what monero users thought monero is. |
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