What is Verge's currency? And why it rose for 800% in a weeksteemCreated with Sketch.

in cboe-cme •  7 years ago 

The Verge Verge (XVG) has managed to be among the top 30 digital currencies and ranks 29th with a market value of $ 1.1 billion. December was an unprecedented 2017 month for digital currencies. After breaking the $ 10,000 price tag, he approached a $ 20,000 price after the launch of the Futures Futures contracts in Cboe and CME. Alternative currencies, such as the Lait Quinn, the Barbell, the Tron, the Cardano, the Stellar, and the Pitcone Cash, have seen phenomenal growth to record levels.

What is Virg - Verge?

Is a digital currency based on known plucchin technology and is characterized by its focus on being safe and anonymous with a focus on privacy and daily use. Many non-identity-centric networks are used, which clog IP addresses to make transactions non-traceable. According to the official website, Virgin's mission is:

"Empower people all over the world by bringing the transactions of the bauxite to everyday life. It also makes it possible to engage in direct transactions quickly, efficiently and in particular. With Virgin's currency, companies and individuals will have flexible options to send and receive payments. In addition to providing useful integration and tools that enable them to deal with large-scale transactions between traders and private payments on a small scale. "

As we saw with both Betquin and Atheerium last month, when the transaction speeds fell significantly in the new breeds, Virgin uses a simple "pay-per-view" (SPV) technology to keep the confirmation period at about 5 seconds on average. The currency also introduces a policy of transparency and openness. Unlike many of the bauxite-based digital currencies, Virg is not a private company funded in currencies that were previously mined. It is an open source platform that includes a development team that maintains an open communication policy with thousands of members of the Virgin Verge community, as well as supporting and implementing new ideas about the Virg network.

Why this rise in currency?

Last month's rise in the Petcquin has affected digital currencies in all areas. New investors are flooding the market, especially through the "Coinbase" platform, which adds about 100,000 new users per day. It has recently surpassed YouTube as the # 1 app on the Apple Store. While the reason for the growth is that many investors are beginning to understand the current weak points in the Betquin for investment and trade. In particular, the delay with transaction times may send these new participants to reliable digital currencies to move faster, which is also a possible cause of the recent rise in both the Lowne Coin and the Ripple. Virgin's focus on privacy is likely to attract investors - especially in times of global political turmoil.

Unlike some other privacy-related currencies, Verge Verge assures ease of use along with privacy measures. It also offers a range of secure wallets for its users. Including the Android Tor portfolio. It recently announced a "stealth protocol" that would allow users to move seamlessly between public and private account books on their own network of proxies.

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