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Verge (XVG) vs. Cardano (ADA): Which One is Better?



Verge Cardano

Each day is a different story in the cryptocurrency market. Currently, two of the coins that are driving attention are Verge (XVG) and Cardano (ADA). Fact is, the two currencies have different approaches to solving the problems in the blockchain, however, that has not stopped many from comparing the two on several occasions.

As much as the two coins have different circumstances that are surrounding their hype at the moment, they do share a common aspect which the future of them both. They have all the attention but then beginners, as well as the watchers, want to know precisely why they are making headlines and between them which shows a brighter future.

However, just like most other cryptocurrencies, the two as well are in infancy as of now, so to mark anyone a definite winner at this stage will probably be too early.

Verge (XVG)

Verge has undoubtedly come quite a long way but the question to be asked is, has the journey made it move forward or sideways? Verge uses Simple Payment Verification (SPV) as its main selling point. In a word, XVG merely is meant to focus on privacy.

The central promise of verge to users is complete privacy and anonymity. It uses the wraith protocol technology which allows users to switch between the public and private blockchains seamlessly.

At the moment, Verge (XVG) is ranked at position 22 (was at 19, just about 24 hours ago – the coin value decreased more than 14% all of a sudden), but expectations are high that it may rank among the top 10 in a week or so; should the expectations as well fail, there is a possibility that it will drop into obscurity.

On numerous occasions, the Verge team has had to face accusations of either not being that open enough, promising what they won’t provide (too much), or simply failing on the deadlines. These accusations even went an extra mile when there were revelations that 18 million USD had been transferred to Binance from XVG crowdfund wallet questionably, last week.

Apparently, over the past month, XVG has made a great growth – thanks to today’s anxiously anticipated announcement. The announcement that is due today is simply the defining moment for Verge (XVG), and it will be like a game changer not only for XVG but other cryptocurrencies as well.

If the partnership materializes, then we can expect less than a substantial shift for Verge (XVG), which may turn out as the coin of the year. In fact, a recent Twitter poll indicts that more than 50% would prefer XVG against a 35% who would go for Moreno. Of course, that doesn’t reflect much on the issue, but then it tells that with everything staying positive, Verge, with time, is destined to be a top coin.

Cardano (ADA)

Cardano (ADA) is simply more than just a cryptocurrency as it promises the best delivery. At the moment it is ranked at 7th position and has a market cap of $7 billion. Cardano provides a special platform with a protocol subjected to the peer-reviews as well as uses Ouroboros.

However, just like Verge, Cardano hasn’t presented a working product despite the claim of building from “ground up”. The platform lets users and developers create smart contracts, apps, and token issuance by use of various coding languages. Financial organizations and institutions that seek fast and secure transactions, will find the applications advantageous.

Evidently, Cardano isn’t doing that bad; however, the big question is whether the momentum will be sustained or does the community have enough for an even further improvement? The gain may be as a result of the anticipated release of the shelly, making Cardano a coin worth holding at the moment, due to the big incentive staking pools.

Cardano has got an advantage of low transaction fees and applications are easily created, too — hence it has all the tics for going forward. Cardano trades at $0.24 at the moment, and for investors, it provides a better platform to invest for the long-term.

The point is clearly that Verge (XVG) trading at $0.0700 is second to Cardano despite it being low; all majorly because of the uncertainty.

We will be updating our subscribers as soon as we know more. For the latest on XVG and ADA, sign up for our Telegram!

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.

Image courtesy of Peter Gordon via Flickr


META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects



Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service



TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore



loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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