Codebase Lumos 5.1.0

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cloakfox

Administrator
Verge Team
Nov 30, 2017
166
84
30
vergefora.com
#1



We are stoked to present the largest technology upgrade ever performed by Verge Currency.

We have released the new codebase, officially named as Verge Lumos for public usage and is therefore available on github. We highly recommend it to be used for everyday usage considering the huge improvements that have been made since previous major update. After letting our users upgrade their wallets, we are going to contact exchanges and mining pools to also upgrade their services. This newly upgraded core will introduce new possibilities for Verge to move forward, extend its current feature set, while working with the highest security standard (based on bitcoins latest release).

Download now: https://github.com/vergecurrency/VERGE/releases/tag/v5.1.0

Moving forward, we want to establish Verge not only as a currency but also as a leading blockchain technology. To further the cause, we have made a decision to first implement the standards that Bitcoin brings to our blockchain.

These standards include:
1. High and reliable security
2. Blockchain maintainability
3. A common interface for companies to work with and adopt Verge.


Furthermore, with this new codebase, we have significantly improved the performance of certain tasks which has lead to a seamless experience for our users.
With the shift to the new codebase, we have enabled ourselves to have more applicable use cases like the fully-fledged iOS and Android apps and new wallets with updated designs for mobiles and desktops. Even the integration for possible POS systems is now more standardized as we moved to it.



Thank you to everyone who participated in either testing, technical writing, reviewing and discussing or improving. You, together with everyone else, made this very moment happen.



Learn how to upgrade your Windows wallets: Click here
Learn how to upgrade your Mac Wallets: Click here
 
Last edited:

Kobatron

New member
Dec 11, 2018
2
0
1
#2
Why have we decided as a currency to move towards POS when we were 100% against it to start with? Just trying to understand. What are the advantages?
 

cloakfox

Administrator
Verge Team
Nov 30, 2017
166
84
30
vergefora.com
#3
Why have we decided as a currency to move towards POS when we were 100% against it to start with? Just trying to understand. What are the advantages?
We haven't moved to POS at all. We are still discussing on how to properly solve the finite supply issue that is aproaching. From what i've heard there are talks to extend the time before XVG hits max supply so that we as a community can come up with a proper solution.
 

Kobatron

New member
Dec 11, 2018
2
0
1
#4
“Even the integration for possible POS systems is now more standardized as we moved to it.”

All good just my interpretation of what you wrote.

I can understand how that would be an issue coming towards max supply so soon. Extending the time, what are the options to how that could be implemented though? Good or not so good.
Double block times? But that would cost miners twice as much to mine I imagine and slow the network.