Verge's technology may be good. But the price is very swollen. I have to be very careful when buying. It can be knocked down on a name.
The price got huge bump, but if we compare it with similar coins - Monero then this price still very cheap.
Because of verge's huge supply, it will never reach the value of Monero.
All other things being equal, verge should reach 0.1 of moneros price if its just down to supply as it has x10 more coins. However, are all other factors equal??!!! 🤔
No it should not... XVG is bitcoin behind tor with stealth addresses to hide the receiver... it's not anonymous at all
monero also hides:
- sender: ring signatures
- amount being sent: ring ct
Not sure if any of you XVG-fans do any reading, but here's some research that shows how detrimental optional privacy and not hiding amounts is for privacy:
https://z.cash/blog/new-research-on-shielded-ecosystem.htmlals, compare this:
https://verge-blockchain.info/richlistand
https://moneroblocks.info/richlistnow tell me which is most private?