Community FAQ

See: Main_Page

Common questions from telegram

Link: https://web.telegram.org/#/im?p=@VeriBlock

Launch Questions

Are we doing an ICO

No.

The details of the launch are being ironed out.

When will MainNet be available

The details are being worked on.

(NOTE: Do NOT commit to a date or quarter).

Mining

Is miner CPU or GPU

Right now it is CPU only. We will create a GPU miner for MainNet

What algorithm do you use?

vBlake, which is a custom version of BLAKE2b we created.

Is it ASIC resistant?

Is is not ASIC resistant, but we are ok with this (there are not any ASICs yet since it's a new algorithm)

How to get started

Where to get software

Download the software on github: https://github.com/VeriBlock/nodecore-releases (this has a readme)

Can I mine the coin now?

Yes, but it is for testnet only. Mainnet will have a new genesis block. The coins on testnet are for testing purposes only, and will not transfer to mainnet.

General

How long does it take to get a block?

About 2 minutes

Troubleshooting when running software

NodeCore.bat is doing nothing

Ensure that Java is installed (Uses Java 1.8, the code used lambda functions)

Set the environmental variables.