Review on Verge by LUIS RIVERO R

Name: Verge
Item: Verge
Rating: 3

June 21, 2019

Privacy and speed

Verge is a cryptocurrency focused on the privacy and security of transactions, protecting privacy using anonymous networks in the style of the Tor project.
Its development as a project is characterized by being of open code and directed by the community, it has interesting features for the fans of privacy:
It uses layers of encryption, avoid registers of users in the network.
It is linked to the Tor project, in its various portfolios making it even more difficult to trace.
Tunnels are connected and encrypted to extreme.
However, it is up to the user if his transactions are sent by the private or public book.
In general, this asset has unique usage characteristics, privacy being its strongest, there are various opinions regarding its development and some problems related to the security of the block chain, at some point it had some faults, but the transactions are fast Its main problem is related to its possible use for capital laundering or illicit transactions. But if you are thinking of investing in this cryptocurrency you can read all the related information on its official site, and because you own something of fame it is possible to know different opinions and different threads of conversations related to problems of use as good characteristics.
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Updated 5 years ago

Rating changed from 4 to 3

The relaunch of the wallet is in development, with a minimalist design and easier to use.
As for smart contracts, integration with the Verge network is under investigation.
The complete data is not available on its official site, its biggest challenge is its use since there are many other assets that offer privacy in transactions being less volatile than XVG
There are multiple justified accusations that it is a possible scam, this cryptocurrency no longer has so much movement and volume of transactions seems to be dead, developers make occasional reports, and this asset has only one use case.
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Pros