VERGE: The Wraith Protocol -> $$$

in bitcoin •  7 years ago  (edited)

Anonimity

Verge has been presented and marketed as one of the "better" anonymous coins. This was achieved by adding a layer of "anonimity". It integrated in its network (specifically the client (wallet) ) Tor and I2P in order to hide the IP addresses used in an P2P transaction.

The big thing here is going one step forward than only using the Tor network. By integrating with l2P it provided scalability and descentralized the Verge network even more. What this means is that there isn't a set number of nodes and addresses which are used to forward packets but a dynamic list which can be adapted based on the status of the Verge network.

For a coin that will have a supply of over 16 B decongesting and having an efficient network is a must-have. Kudos to the dev team for thinking of it!

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Wraith

The expected protocol is the reason it might take everything a step forward. It was awaited for so long that it accumulated expectations from the whole community to a dangerous level, it can either brake or make this coin.

Why the big fuss ? Private ledger. You will be able to choose to use either the private or the public ledger. This is big!

Transactions which will be completely anonymous, no trace of them, not only the sender and receiver hidden but the whole thing.

This will be a huge game-changer for the crypto world.

I am no fool and I am sure this will attract a lot of dubious and shaddy transactions, including money laundering and so on. But this is one of the prices of anonimity.

With $BTC at 15000$ I am sure it will hit go over 10000 satoshi in the next month.

So, my dudes, buy buy buy ! It's still on the dip right now. If it's ~1200 satoshi it's worth it !

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