I am pretty excited with the hard fork news at block 1,824,150. Hopefully everything will go according to plan.
Can someone please explain what exactly will happen here?
Do we get a new coin?
Will more coins be issued?
No and No. They are just updating the protocol. The blockchain will continue on a new chain. No new coins are being issued. The old chain will stop functioning at the time of the fork. All coins remain the same. Nothing lost, nothing gained.
Thank you.
So what are the benefits? If any?
Supposedly stealth transactions to and from exchanges.
To make sure that all stealth transactions will run smoothly, Verge will hard fork at block 1,824,150. Here are some of the questions answered that they know people would have with the #hardfork:
https://github.com/vergecurrency/VERGE/releases/tag/4.0stealthI think it is clear about the hard fork of Verge and can visit the link on github about new updating data, i hope it helps for the community of Verge and it won't makes confuse.