The world of cryptocurrency is growing exponentially and Verge (XVG) rises up among one of the top players in the market. So what makes Verge unique among the Alternative Coins out there and why is this announced partnership has a big impact in the cryptocurrency industry?
Verge is simply defined as a secure and anonymous cryptocurrency based on open source development designed for everyday use. It is a community driven coin which is not a private company funded by pre-mined coins or ICO (Initial Coin Offering). It has multiple privacy features such as TOR and I2P which prevents anyone from learning your location or browsing habits and encrypts multiple messages in a distributed peer to peer communication. Another of its latest feature is called Wraith Protocol which allows the user to choose between public and private ledgers on the same blockchain.
To simplify things, Verge was designed to engage in any type of payments and direct transactions because it is fast, flexible, entirely private and anonymous with the idea of supporting mass adoption as it scales out across the globe.
Sounds fantastic right? Although Verge has these unique features, it is not the only privacy coin that was designed for this purpose. Monero, Digibyte and PIVX are among the contenders who is aiming for this direction.
Verge was designed to engage in any type of payments and direct transactions because it is fast, flexible, entirely private and anonymous with the idea of supporting mass adoption as it scales out across the globe
After long time of rumors, it was yesterday when Verge currency announced their partnership with PornHub, one of the biggest player in adult entertainment. This means you now have an option to pay for premium membership with full privacy. With more than 80 million visitors daily, this partnership is huge market with a global reach that could give fiat currencies a run for its money (lol). After the announcement, Brazzers, another solid adult entertainment company confirms that they will also accept Verge as crypto payments.
What does this mean in cryptocurrency market overall? Cryptocurrency was created for the sole purpose of improving and simplifying our cash system that would attract mass of users. With this collaboration, millions of people will be penetrated by this growing market of digital money especially now that PornHub officially advertises the announced partnership. As for Bitcoin, Litecoin and Ethereum, this event will encourage more companies and ICOs to bring blockchain transactions into everyday life.
With this collaboration, millions of people will be penetrated by this growing market of digital money
Overall, this is great news for the community and cryptocurrencies in general because as the popularity of digital money grows, more reputable companies will surely experiment with blockchain-powered payments in the future.
Link to PornHub's Premium Membership: https://bit.ly/2HGe8db
Wow great article
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