Verge coin (XVG) is a coin that facilitates completely anonymous transactions between two parties. While this is desirable to some, others view this as a negative feature since its use can be construed as being illegitimate.
Today the Wraith protocol will be released. This unique feature allows users to switch between transaction types (from anonymous to non-anonymous) very easily.
Figure: how it works. Source
Critical details that can normally be extracted in block chain explorers will become invisible for anonymous transactions whereas those without wraith turned on, will remain visible.
This means that the coin will become more attractive to many more users.
XVG value has been well below its ATH for quite some time and with Wraith being turned on today, many expect it to exceed the ATH benchmark.
For more information about Verge (XVG) please visit: https://wraithprotocol.com/
Disclaimer: This post is meant to be informative and reflects my opinion as a XVG coin holder. Before investing, do your own research.
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