By Tobi Loba
Verge (XVG), the 64th largest digital currency by market capitalization is now live on eFIN DEX cryptocurrency exchange, a tor network proof-of-keys, multi-chain, cross-protocol, non-custodial trading platform, and App marketplace.
This announcement was made available on the official Twitter handle of TokenPay on 10th December 2019. According to the update, the digital token XVG is paired with TokenPay (TPAY) on the exchange.
TokenPay shared thus: “XVG is now live on efinexchange with a TPAY pairing. Happy trading everyone! Don’t forget; your keys, your coins!”
How to Stay Ready for Vergecurrency Hard Fork
As the periodic hard fork of Vergecurrency draws near, the team behind the cryptographic project has taken time to inform the community about procedures they need to follow in order to stay ready and safe for the hard fork of the digital token, Verge (XVG).
A Twitter user and software developer identified as Swen.dev itemized the steps on November 16, 2019.
How to be @vergecurrency Hardfork ready?
QT wallet – Update to the latest version
iOS wallet – Don't do anything
Android wallet – Don't do anything
Electrum wallet – Don't do anything
Third party wallet – Don't do anything
Exchanges – Make sure they support the hardfork— Swen 👨💻 🇪🇺 🌍 (@SwenVanZanten) November 16, 2019
Prevailing Questions from Verge Community Members about the Hard Fork
Going by the information passed across via its medium page, several questions regarding the upcoming hard fork have since been circulating on the social media.
The team compiled the questions and made the answers available once and for all. About if Verge is creating new currency through the forthcoming hard fork was simply answered thus, “No, we haven’t changed the coin supply and we don’t intend to”.
Another trending question is about the possibility of airdrop as the hard fork progresses. The answer that followed was no airdrop since there are no new coins in the making.
About the compatibility of X exchange, the Verge team answered thus:
“On a general note, yes. We haven’t had any negative feedback about the wallet update, yet. We’ve worked hard to ensure every* exchange and mining pool is informed about the hardfork and if you want to know if the exchange you’re leaving your funds in will be V6 compatible, it’s better to reach out to them directly, since we don’t have all the details to conforming exchanges.”
A question about the purpose of the hard fork when not giving coins were reportedly raised by some of the users. The answer given to this was that the earlier scheduled date for halving has been changed in order to reward better blocks for the coming years.
Update about Android Wallet
According to the available information, the last update only needs little addition. Another important thing to note is that the writing of Bitcore client is a bit away from the accomplishment.
This will precede the unit tests, which will ensure accurate implementation before it is being integrated into the rest of the apps.