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@gfranko
gfranko committed Aug 3, 2017
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2 changes: 1 addition & 1 deletion _data/langs/en.yml
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Expand Up @@ -177,7 +177,7 @@ contributors:
donate:
about:
header: "Donate to Support Development"
paragraph: "Verge is not a pre-mined coin, so all of its development is funded by kind people like you."
paragraph: "Verge is not a premined coin, so all of its development is funded by kind people like you."
wallets:
verge:
header: "Verge Wallet Address"
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137 changes: 136 additions & 1 deletion _includes/faq.html
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Expand Up @@ -12,7 +12,7 @@ <h1>General</h1>
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<h2>Is Verge Open Source?</h2>
<p>
Yes, Verge is an open source project. You can browse our organization on <a href="https://github.com/vergecurrency" target="_blank">github</a> to see all of our repositories/code.
Yes, Verge is an open source project. You can browse our organization on <a href="https://github.com/vergecurrency" target="_blank">github</a> to see all of our repositories/code. It is important to understand that Verge is not a company and has no company backing.
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Expand All @@ -23,6 +23,122 @@ <h2>How Can I Get Verge?</h2>
There are a few different ways to get Verge (XVG) coins. The most common option is buying them on a supported <a href="https://vergecurrency.com/#exchanges" target="_blank">exhange</a>. Users can also tip each other on integrated <a href="https://vergecurrency.com/#social" target="_blank">social</a> platforms (using official Verge bots). If you have an Android device, you can also take Verge on the go and send/receive coins with your mobile Verge wallet <a href="https://play.google.com/store/apps/details?id=com.vergeandroid.wallet" target="_blank">app</a>.
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<h2>How Is Verge Development Funded?</h2>
<p>
Verge is an open-source project, so all of the development work is funded by the developers and community <a href="https://vergecurrency.com/#donate" target="_blank">donations</a>. We are currently exploring other methods to fund development including opening an official Verge <b>Merchandise Store</b> and <b>Multi-Algorithm Mining Pool</b>.
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<h2>Why Does Verge Not Market More?</h2>
<p>
We have run ad campaigns with <a href="https://coinomi.com/" target="_blank">Coinomi</a> and <a href="coinmarketcap.com" target="_blank">Coinmarketcap</a>. It is important to note that Verge is 100% funded by the developers and community.
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<p>
We have also run self-built social media marketing campaigns, recently showcased by our animated <a href="vergecurrency.com/contest" target="_blank">GIF contest</a> where we gave out over 200,000 Verge coins to our community. You can read the <a href="http://vergecurrency.com/contestrecap" target="_blank">contest recap</a>.
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<h2>How Many Developers Does Verge Have?</h2>
<p>
Currently, Verge has a few different teams. The core team has one main developer (<a href="https://github.com/justinvforvendetta" target="_blank">Sunerok</a>) and 10 other <a href="https://github.com/vergecurrency/VERGE/graphs/contributors" target="_blank">contributors</a>. The website team has two main developers (<a href="https://github.com/gfranko" target="_blank">gfranko</a> and <a href="https://github.com/hellokarma" target="_blank">hellokarma</a>) and 16 other <a href="https://github.com/vergecurrency/vergecurrency.com/graphs/contributors" target="_blank">contributors</a>. The marketing team has one main contributor (<a href="https://github.com/CryptoRekt" target="_blank">cryptorekt</a>) and many other contributors.
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<h2>Does Verge Have a White Paper?</h2>
<p>
Yes, but we call ours a <a href="https://vergecurrency.com/assets/Verge-Anonymity-Centric-CryptoCurrency.pdf" target="_blank">Black paper</a>.
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<h2>How Long Has Verge Been Around?</h2>
<p>
The coin was created in 2014 under the name, "DogecoinDark". In 2016, the coin was rebranded as "Verge" so that the community would understand that it was a serious coin.
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<h2>Did Verge Do a Premine?</h2>
<p>
No, Verge did <b>not</b> do a premine. This means that all of the Verge developers bought all of their Verge coins like everybody else.
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<p>
In case you don't know, a premine is where the developers of a currency allocate a certain amount of a currency to go to a particular address before releasing it to the open community.
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<h2>What is the Total Coin Supply?</h2>
<p>
The total coin supply limit is <b>~16.5 billion</b> (16,555,000,000 to be exact). It is important to understand that not all of the coins have been released and are on a time-based release. ~9 billion coins were released during the first year (2014) and 1 billion more coins have been (and will be ) released every year until the total supply cap has been reached.
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<h2>Why Are There So Many Verge Coins? Doesn't That Hurt the Price?</h2>
<p>
It is important for a currency to have a large supply (and not released all at once) so that a small minority of people do not own the majority of the coin.
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<p>
If the majority of the coins are owned by a small amount of people, there could be drastic price fluctuations based on the actions of a few. If one person, who owned 60% of all Verge coins decided to sell all of their Verge coins, the Verge price would plummet. An important factor in a viable long-term currency is keeping a stable price so that users are not afraid of using and accumulating the currency in their day-to-day lives.
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<p>
A nice side effect of a higher supply means that the potential price of a single Verge coin could more closely align to the price of a single fiat currency (eg. USD or GBP). This would help people not have to calculate to many decimal places (eg. "I'm sending you .002 bitcoin").
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<h2>How Is Verge Different Than the Other "Anonymous" Coins Currently Available?</h2>
<p>
In our opinion, almost all of the other coins who claim to value privacy aren't serious about protecting a user's IP address (the exception being Monero, who is working on this). Most of these coins log user IP addresses and only claim to be "private" because they attempt to mask/hide the transactions on their network. Verge has a transparent ledger that allows anyone to view all of it's transactions, but protects user identities and locations by integrating both <a href="https://www.torproject.org/" target="_blank">TOR</a> and <a href="https://geti2p.net/en/" target="_blank">i2P</a> to not expose IP addresses.
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<h2>Will Verge Ever Have Masternodes?</h2>
<p>
No, we believe Masternodes are a weakness and centralize the network. A hacker could very easily perform a DDOS (Distributed Denial of Service) attack on the Masternodes, causing the network to be brought down. Also, a government agency could issue a subpeona to retrieve all of the Masternode logs (most of the current "anonymous" coins log user IP addresses here).
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<h2>Where Can I Go to Learn More About Verge?</h2>
<p>
We are on a ton of different <a href="https://vergecurrency.com/#social" target="_blank">social</a> platforms.
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<h2>Where Can I Find Out About Everything the Verge Team is Working On?</h2>
<p>
We have a <a href="https://vergecurrency.com/#roadmap" target="_blank">roadmap</a> listed on our site that usually lists items we are working on for the next month or two. We don't like to put long-term items (> 3 months) on our roadmap, because things change too fast in crypto to anticipate that far ahead.
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<h2>Where Can I Find Out About Everything the Verge Team is Working On?</h2>
<p>
We have a <a href="https://vergecurrency.com/#roadmap" target="_blank">roadmap</a> listed on our site that usually lists items we are working on for the next month or two. We don't like to put long-term items (> 3 months) on our roadmap, because things change too fast in crypto to anticipate that far ahead.
</p>
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<h1>Privacy</h1>
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Expand Down Expand Up @@ -110,6 +226,25 @@ <h2>My Wallet Is Taking A Long Time To Sync. Is There Anything I Can Do To Speed
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<h1>Mining</h1>
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<h2>Is Verge POW or POS?</h2>
<p>
Verge is 100% <b>POW</b> (Proof of Work). We believe POS (Proof of Stake) systems unfairly benefit the users who have the most coins; making it so the rich get richer. This is also currently an issue with traditional fiat currencies (eg. USD).
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<h2>What Algorithms Does Verge Support?</h2>
<p>
Verge uses multi-algorithm mining support. That means that individuals with different types of mining equipment are able to mine verge, which means more security through decentralization and a more fair distribution of coins among Verge’s mining community. Verge is one of the few cryptocurrencies that support five different hashing algorithms; Namely, Scrypt, X17, Lyra2rev2, myr-groestl and blake2s.
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