Verge (XVG)

in #cryptocurrency7 years ago

Verge is a decentralized currency that enables users to trade with enhanced privacy by using multiple anonymity-centric networks. Verge differs from other privacy coins as most other platforms log user IP addresses and hide or masks transactions on their network. Verge operates a transparent ledger but protects user identities and locations using Tor and I2P.

Verge also makes use of a payment verification technology that allows transactions to be completed in around 5 seconds, and XVG has proved to be an extremely responsive currency in recent times. The price of XVG surged to over $0.22 in December after a tweet by John MacAfee caught traction amongst the community. There are currently rumors that the Verge team is close to announcing a multi-million pound deal with an online entertainment service that will see the price surge if true, as a result, XVG is definitely a coin to watch. Source

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The are some red flags and warning signs about Verge's developer and their recent fundraisers. Anyone considering investing in Verge should carefully do their own research.