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Venezuela
2 Level
86 Review
264 Karma

Review on Verge by Eve Vallenilla

Revainrating 3 out of 5

Verge: for truly anonymous financial management

For whom the privacy of their money is a priority, a secure platform for the management of digital assets is not enough, but one that, in addition to being reliable, guarantees the protection of information related to the movement of their finances.

To resolve this financial management privacy issue, users have the option of using the Verge platform.

Verge is a blockchain solution whose purpose is to keep hidden all the details involved in a commercial transaction, including the data of the receivers and senders and the shipping address used in the operation.

How does the Verge platform keep information safe or hidden?

Verge virtual machinery uses nodes identified as Tor that act in coordination with the i2p protocol to hide the IP address and personal information of both the sender and the recipient of the operation.

In this sense, the networks identified as i2p are used for the management of the XGV tokens through the Tor nodes.

What currency does the platform use?

As we have already mentioned, the XGV token is the cryptocurrency used by Verge both to materialize the traffic of assets and to pay the fee for the use of the platform.

What should we know about XGV token mining?

One of the most attractive features of mining this digital protocol is the use of at least five consensus algorithms that can be used to mine the XGV token.

In this way, Verge offers the flexibility to miners to select the software or hardware that suits them best to be part of the XGV mining and easily incorporate in the extraction of the cryptographic protocol.

Another of Verge's qualities is the speed of verification and confirmation in the processing of operations, which is a period of five seconds.

Where can you store XGV tokens?

Verge offers you the freedom to select between different wallets to store your crypto assets, however it recommends: Tor, i2p or Electrum among those that offer the highest security.

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Pros
  • Ensures the protection of user data
  • Does not allow details of operations to be disclosed to third parties
  • Uses technology to avoid tracking valuable data
  • Speed in the validation of operations
Cons
  • No disadvantages

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