This will be a discussion thread about Verge Currency. [1]
We will be using Smooth's Monero Speculation rules for thread moderation. [2] (insert "Verge" where you see "Monero").
Enjoy.
[1] https://bitcointalk.org/index.php?topic=1365894.0
[2] https://bitcointalk.org/index.php?topic=753252.0
I think verge is one of the best privacy coins available for monero. The coin provide complete privacy and its transactions are secure and untraceable. It's transactions are super fast and it takes 5 seconds on average for the transaction to confirm. Verge is very popular and it has a daily trade volume of more than 3 million. The coin has a lot of potential to grow and you can expect a price of around 0.01$ within 2-3 years or so. We will be using Smooth's Monero Speculation rules for thread moderation. [2] (insert "Verge" where you see "Monero").
Enjoy.
[1] https://bitcointalk.org/index.php?topic=1365894.0
[2] https://bitcointalk.org/index.php?topic=753252.0
Hello again everyone. Friendly educational reminder that Verge is not untraceable nor does it offer 'complete privacy'. For example, it has a rich list where anyone can see what address has the most $ in it, and how much of the coin supply they have (https://verge-blockchain.info/richlist)
If you look at address #1 in the richlist you can tell exactly what addresses sent them money and exactly how much and exactly when. And you can do this for every address.
In other words similar to how anyone can see how much money WannaCry made (https://www.thesslstore.com/blog/wannacry-ransom-total/) w/ BitCoin and when they tried to exchange BitCoin for Monero on ShapeShift, anyone (e.g. governments, criminals) can see how much you have, and where it goes with Verge and target you appropriately.
That is all. Have a good day!
Mmmmm I'll enjoy some comments from a dev or an expert about that.
Still surprising for a "anonymous" coin.