📃CryptoGuide📃^Verge by @atimk23

atimk23 (60)in #cryptocurrency • 6 years ago

Hello fellow Steemers, today, a short preview about Verge. ENJOY reading.

Verge, previously named DogeCoinDark, is a open-sourced cryptocurrency which aims to make transactions completely anonymous.

Verge does not rely on an internal development team. Contributions to Verge's development have come from online participants who make to make improvements to the codebase. Unlike many other privacy coins, Verge doesn't encryption technology to ensure privacy. Instead it uses services such as Tor and I2P to hide the user's personal data. This still allows for an open ledger where transactions can be viewed. The only difference is that users of transactions can not be identified or linked to an IP address. While Verge currently only functions as a privacy coin, it has plans to continue improve its codebase. Verge plans to implement RSK technology into its blockchain. This will allow Verge to have smart contract functionality, while maintaining total confidentiality of the users. If this were to get implemented successfully, Verge would enable decentralized and private applications, which no currency blockchain platform has.