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Verge XVG – Developers’ Insight into Verge

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Verge XVG
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Verge XVG is a digital currency specially designed to be used in everyday life. It was inspired by Bitcoin blockchain technology, but it also brought massive improvements upon it. The coin’s true goal is to actually fulfill the purpose that crypto and blockchain technologies were originally created for. Through the use of Verge XVG, both businesses and individuals can achieve efficient, fast, and completely decentralized transactions.

In addition, the coin is also capable of protecting users’ privacy. To better explain Verge, its developers have answered several questions in order to help new investors get better acquainted with the coin and its goals.

1) What problems is Verge XVG focusing on?

As many are already aware of, there are numerous real-world problems that cryptocurrencies can help provide solutions to. Verge has set up a goal of empowering people around the world, by providing them with an easy way of making transactions via blockchain technology. Not only does Verge allow its users to engage in direct transactions, but it also allows them to do it efficiently, quickly, and privately.

To achieve this, Verge is using numerous networks with a focus on anonymity, such as I2P, and TOR. That way, it can completely protect the IP addresses of its users. Even its Core QT wallet has an SSL encryption and TOR integration in order to add extra security levels to it.

2) What opportunities do the coin holders get?

Verge already has numerous use cases, and its users can pay for goods and services from over 120 vendors around the world. While the coin itself has lost a significant amount of value during this year’s bear market, there is nothing that will stop it from reclaiming it when the market situation improves. Not only that, but the project itself has quite a value to it, so possessing XVG coins will certainly pay off in the long run.

Verge manages to remain a public blockchain that focuses on anonymity and privacy, which makes it especially attractive to those who wish to keep their business dealings private.

3) How to join Verge community?

Verge has a strong presence on numerous social media platforms, such as Twitter, Facebook, Telegram, and Discord. Users can reach out to the project’s core team members at any time, and provide support, ask questions, or report a problem. The team is responsive and active, and they love even simple idea discussions. Not to mention that the project is open-source, so skillful developers can even provide assistance via Github.

4) The best way to get Verge coins?

There are numerous exchanges that a new coin supporter can use to buy Verge, and that includes centralized and decentralized exchanges alike. The most convenient way would be the purchase of XVG via credit card, or to exchange any other coin for it. XVG enthusiasts can do it quickly, and without the need on registration on changehero.io.

5) What awaits Verge in the future?

As mentioned, the price of Verge is currently not at its peak. However, the team behind the coin believes that this is not permanent and that the value will increase as the coin becomes more adopted. The next few months will also see numerous development improvements that the team is currently still working on.

For now, Verge XVG serves as a payment method for over 120 vendors, and the team wishes to increase their number. That way, they will provide coin holders with an easy way to spend their coins, but they also wish to provide them with an even easier method to buy new XVG tokens. The first step towards achieving this goal is the collaboration with changehero.io. However, as always, the team wishes to improve things further, and they work tirelessly to do it.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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