Verge (XVG) Giant Among Altcoins: Up to 20% Increase – Recommended
With the trouble-making August behind us and the ninth month entering with a bullish sentiment with various coins, a fresh start seems to have taken the crypto-verse. Keeping in mind from last year, and the teasing of many respected individuals the upcoming months could be very well the time of altcoins. Having that said it is best to choose your target and wait for the best-could be buy-in moment. One coins to diversify your portfolio even more is Verge (XVG).
The privacy oriented coin offers anonymous transactions by obfuscating the IP address and geolocation of its users so that they are untraceable using technology including Tor and I2P. What makes the project very special is the team that keeps its enthusiastic community in-touch all the time about the projects latest movements. They constantly communicates via twitter and through the project’s Telegram Channel.
Recently, the company has asked via twitter its big Verge family on what should be the next most important goal to reach. 48% of the respondents stated that a new Codebase with RingCT (Confidential transactions) was the most important; 34% emphasized an iOS wallet.
Securing private keys on the Verge ecosystem has been in the offing and the latest update emphasizes its importance. Medium post update:
“Due to the use of the insight API within our latest iOS wallet and in our desktop wallet, we must find a way to store our private keys securely. We are going to establish the BIP39 Format, which allows you to recover your private keys using a personal word combination.””
With the introduction of the Desktop and iOS wallet versions, the team has embarked on ensuring private key storage is not compromised. Keeping in mind that having an API in the digital wallet that could compromise the key storage.
One of the most convenient and extensive sports-betting platforms – 1xBit, has added Verge’s XVG as an option on its list of available and accepting tokens. Alongside BTC, LTC, DOGE, DASH, ETH, XMR, ZEC, GAME, NEM, BCN, SIB, DGB, BTG, BCH, ETC, BTS.
The first cryptocurrency platform that PornHub partnered with was Verge, followed by Tron. When Verge partnered with PornHub, the platform had to go on a crowdfunding to enable it achieved the deal, and start off a yielding campaign afterward.
In its bid to smoothen recurring transactions, PornHub has partnered PumaPay, an open source cryptocurrency payment option provider dedicated towards enabling frequent payments using digital currency.
Only in the last 24-hours the pair XVG/USD has gained 18.85% making it one of the highest in the crypto-market today, especially of the leading ones. It is stepping up the game against BTC for 15.41% in the green. Very close to retest the $0.02000 mark as it failed to overcome it just today while the same level has not been touched for around 30 days now. With the Verge Foundation working hard to erase the reputation damage experienced from the FUD spread on XVG, and the continued partnerships, the market resurging will prove to hoist XVG’s price towards its record high again.