This article was first published on vergecurrency - Medium
It’s been a while! Let's get you up to speed on where things are at in terms of developments for Verge Currency!
I’m not gonna lie, some pretty technical stuff has been going on. Let's dive right in!
Verge Core 6.0
After talking about a long term trend within the last development, we’ve internally decided to ship the first face of our feature which will basically establish more time for us to prepare more and more stuff for future usage, while we maintain the usability and economy of our currency.
One of these changes includes new halvings and they are coming — quite quickly. Thus we will update everyone as soon as possible we have a final version ready to go. The halving will work as follows and adds around four more years for us to develop a greater network.
The planned hardfork will take place at block 3,700,000.
Afterward, we will make sure to add the older nodes as outdated peers and keep developing on the V6 structures.
What’s still open to do as per development?
We've got this new schedule in place for a long long time (as planned), but we weren’t able to push this forward as we had to establish a perfect backward compatibility with the old core versions. Now we feel confident enough to take new steps and move forward with this. It’s already merged and being test and review right now. Feel free to join in and check the code yourself:
What we exactly did since then:
- Added new havlings to the “GetBlockSubsidy”
- Adjust the test for the GetBlockSubsidy function
- Raise the protocol version
Who has to take action?
Exchanges and third-party online wallets (like binance)
They will need to monitor ...
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vergecurrency - Medium