Verge is a highly secure and completely anonymous cryptocurrency, unlike Bitcoin and other popular altcoins. Transactions are tracked and traced in the blockchain, in the case of Bitcoin for example. Although identities are not recorded, addresses are, which makes the control of transactions possible and visible for everyone on a public distributed ledger. Therefore, in practice, Bitcoin is less anonymous than cash.
Why is Verge a competitor for the first spot? Because it does what Bitcoin should have done: provides individuals and businesses with a fast, reliable, decentralized and privacy focused currency, ready for mass adoption, with transaction times of ~5 seconds.
What do you mean, Verge is privacy focused? Well, what if I told you, you can easily switch a button on its core wallet and choose to hide your address, IP and transaction log for both the sender and the receiver? This is what is called The "Wraith Protocol". In a nutshell, for the first time in the cryptocurrency world, you can choose between a public or private ledger. Being privacy a basic human right, this is a game changer.
Verge’s high volume, low fees, ultra fast transaction speeds, active developers and privacy focused technology makes it perfect for mainstream adoption. Verge is currently trading at $0.0926 with a market cap of $113,972,421 by the time of this post, in more than 20 exchange sites, such as Yobit.Net and Binance.
As the Wraith Protocol keeps being updated with new features, the potential to reach 1$ per XVG coin increases. This is definitely a coin you should keep your eyes on. We will surely ear about it on mainstream media throughout this year and the years to come. For more detailed information visit the official website here!