Meet VERGE (XVG) the future of privacy centric cryptocurrencies.

In this article I will investigate why the cryptocurrency Verge (XVG) is one of the most undervalued and highest potential private decentralized cryptocurrencies and how it improves upon the original Bitcoin blockchain.

What is Verge?

According to their website…

‘Verge is a decentralized currency designed for users who value privacy. It improves upon the original Bitcoin blockchain by using multiple anonymity-centric networks such as Tor and i2p. It utilizes multi-algorithm mining support to improve security and provide equal distribution of coins to miners.’

Can you explain that in simple terms?

Verge is like Bitcoin in the sense that it runs on a blockchain and like Monero and PIVX in the sense that it’s a decentralized currency with privacy as one of its core values. However it’s more advanced with it’s utilization of networks such as Tor and i2p and has a larger focus on security and equal distribution (this is important because the larger the distribution the more potential there is for price and value appreciation).

Technical Specifications of Verge (XVG)

One thing that is very important when it comes to cryptocurrencies is the time it takes to write to the blockchain (ledger) and the overall supply of tokens available.

1.) Block time: 30 seconds

2.) Max Supply: 16,555,000,000

This means that we are looking at a Bitcoin alternative with a very fast transaction time (great for processing payments quickly) as well as a huge supply of tokens (enough to work in whole numbers for microtransactions supporting the IOT – internet of things)

Verge is one of the only cryptocurrencies at the moment with a total supply of more than 1 billion tokens and what this means is that everyone can afford to load up on Verge tokens and won’t need to work in decimals as opposed to Bitcoin, PIVX and Monero.

Verge (XVG) roadmap and predictions for the future.

As you can see, based on the roadmap chart published on the Verge website (https://vergecurrency.com/) there are several upcoming milestones in the near future.

1.) The inclusion of secure i2P/TOR wallets is a massive upgrade that should generate a lot of new interest.
2.) New features upcoming in the New Core Wallet Release should make the coin much more functional
3.) RSK Smart Contracts will give Verge functionality similar to Bitcoin and other top coins in the altcoin market.

Final Thoughts

None of these developments are small or superficial so the time to start researching these developments and the company is now.

Verge (XVG) has the potential to be huge considering it is in a growth industry with a revolutionary new model and a competent development team and community constantly improving. The technology and community sets it above the rest so expect big things from this cryptocurrency in 2017 and 2018.

Please feel free to leave your thoughts and comments below and follow me @ldauch

Sources:

Verge Website

Verge (XVG) @stealthtrader