Network Specifications

Verychain Parameters

Basic Information

  • Network Name: Verychain

  • Chain ID: 4613

  • Currency Symbol: VERY

  • Block Time: 12ㅇ seconds

  • Consensus: Proof of Authority (PoA)

Network Parameters

  • Block Size: Depends on Blocksize (8,000,000 gas per block)

  • Gas Limit per Block: 8,000,000 (Genesis), Maximum(9,223,372,036,854,775,807)

  • Minimum Gas Price: [To be specified] 1 Gwei

  • Maximum Gas Price: [To be specified] 500 Gwei

RPC Endpoints

Network Explorer

Development Environment

Required Tools

  1. Node.js: v14.0.0 or higher

  2. MetaMask: Latest version

  3. Hardhat/Truffle: Latest version

  4. Solidity: ^0.8.0

Network Configuration

// Example network configuration
module.exports = {
  networks: {
    very: {
      url: "RPC_ENDPOINT",
      chainId: CHAIN_ID,
      accounts: ["PRIVATE_KEY"]
    }
  }
}

Gas Fees

Transaction Types and Costs

  1. Simple Transfer: 1 Gwei

  2. Contract Deployment: 1 Gwei (Depndss on SmartContract)

  3. Contract Interaction: 1 Gwei (Depndss on SmartContract)

Gas Optimization Tips

  1. Use appropriate data types

  2. Minimize storage operations

  3. Batch transactions when possible

  4. Use events for off-chain tracking

Security Considerations

Network Security

  • Regular security audits

  • Bug bounty program

  • Emergency response team

Best Practices

  1. Always verify contract code

  2. Use audited libraries

  3. Implement proper access controls

  4. Regular security updates

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