Verge (XVG) Aiming For Top, To Introduce Anonymous Transaction, RingCT, RSK Smart Contract
Verge (XVG) is one of the digital coin that cannot be rubbished at the moment. The coin in recent time has won the heart of many firms, big and small. The journey began when it partnered PornHub, an adult platform owned by MindGeek, the world’s largest adult entertainment website network having around 15 adult entertainment websites, with daily users on the websites pegged at 115 million.
After the announced partnership, Verge started introducing different ideas, partnering with top firms while small businesses are announcing their acceptance for XVG.
To stay relevant, the team behind Verge announced they have refined Verge’s roadmap to a new level, with certain project nearing completion.
In the roadmap, the team made clear that on the 1st January 2018, it released XVG Core Wallet 4.0, which is power packed with Tor Integration & Optional Stealth Addressing.
It also highlighted that it has refurbished its websites to make it mobile friendly, while it contains updated roadmap, list of official core members, and blog with official news.
The first Verge meetup that was staged in Netherlands, Amsterdam on the 9th June 2018 is also featured in the roadmap.
Interestingly, some projects like Verge Merchandise Online Store that will contain XVG branded apparel is 90% complete. In the same line, XVGui Miner for Windows, Official Mining Pool and Mining Guide are 75% complete.
Also, the platform stated that it is rebasing its entire codebase to include the newest standards shared by bitcoin.
Like Monero, Verge is planning to integrate Ring Confidential Transactions (RingCT), a system that does an advanced masking of transaction amounts. While Verge is 35% closer to integrating RingCT, the advanced masking technique will introduce an improved version of ring signatures that is regarded as “A Multi-layered Linkable Spontaneous Anonymous Group signature” that gives room to hiding amount transacted, the origins and destinations of transactions.
RSK Smart Contract Integration
The RSK Smart Contract integration is 25% complete. The idea which is owned by RSK smart contract platform will add Turing Complete Virtual Machine to Verge. In the same line, RSK achieves 300 transactions per second and confirms most payments in less than 20 seconds.
I2P Android Wallet
Verge will soon initiate an anonymous mobile transactions over the I2P network with its android wallet, which is to be unveiled in 2019. The I2P network generate a reliable, strong privacy protections for communication over the Internet. Activities with the possibility of privacy risk can be achieved anonymously using I2P.