What is Verge ?
Was XVG a ICO of Fork ?
How’s the Team?
Although XVG is open-source, Lead developer under a pseudo-name Sunerok is taking Verge to new highs with PornHub starting to accept payments for subscription for the first time in XVG.
What’s the Mission of XVG ?
As stated in their website, “Our mission is to empower people around the world by bringing blockchain transactions into everyday life. Verge Currency makes it possible to engage in direct transactions quickly, efficiently and privately. With Verge Currency, businesses and individuals have flexible options for sending and receiving payments. With the flip of a switch, we offer helpful integrations and tools that enable them to handle large scale transactions between merchants and small scale private payments.”
Positive aspects :-
▪️ Low-cost Transaction (0.1 XVG)
▪️ High speed transactions.
▪️ Strong Community.
▪️ Anonymous transactions by TOR and I2P.
▪️ Multi-Algo Mining ; Lyra2rev2, Scrypt, X17, blake2s and myr-groestl.
▪️ High liquidity among exchanges.
▪️ Huge list of partners
Negative aspects :-
▪️ Privacy coins are bit harder to go mainstream because of unregulated data.
▪️ 100 transaction per second (although team plans to take it at 2000 transactions per second).
▪️ Network successfully attacked by hackers more 3 times.
▪️ Huge supply (~16 Billion ).
Price check :-
▪️ ATL(All time low ) – 1 Satoshi
▪️ ATH (All time high ) – 1992 Satoshi
▪️ Return of Investment in XVG is even better than BTC.
Future of XVG looked more brighter when it came up with Mindgeek’s Pornhub partnership. Supportive community and team looking to increase the transaction speed exponentially and getting more adoption is the key to success of the Verge (XVG) and obviously it’s price as well!