The deaf old Jack seems to be in the air now. Things are starting to form the right shape for Verge after a recent dive. Cryptocoin has moved from one development to another, bragging with confidence to shut up the skeptics. Today, Verge is out again to announce good news. The altcoin on his Twitter page revealed his reward for the block is coming.
"Verge's retirement has halved in a few days."
"Verge will be halved to the 2,124,000 block."
The expected halving of the altcoin block prize will make the amount of new XVGs earned by the miners with each reduced block transaction, to be precise, half of the current amount.
According to the statement, Verge noted that it is part of its "predictable and transparent monetary policy".
In response to the tweet, many twittering altcoin lovers have shown excitement to the new approach by saying that it is a welcome development.
How does The Halving Affect Verge (XVG)?
Wednesday, May 9 halving will certainly reduce the amount of XVG in circulation as the reward of miners will be halved, creating a shortage of XVG on the market.
More predictably, the scarcity created by the decrease in the mining premium could increase the price of a currency while demand increases with a reduced level of supply.
Therefore, it is expected that the start of the halved approach designed by the community of Verge will be an addition to the high-center, creating more attention from the public.
How Verge managed his recent prediction.
It is not news again that Verge has transformed a new leave, adding more and more value to himself after an unexpected fall that surrounded the revelation of his mysterious collaboration, although some had not talked about the partnership as unnecessary.
Verge raised himself from criticism, to improve his previous condition. Verge, after revealing the mystery Association he had appeared in a series of developments including CoinPayment and Abra.
In my opinion, I think Verge is traveling to Damascus. If you arrive in Damascus, there is better, and more hope for Verge, over the sky!