What is Verge?

VergeVerge is a cryptocurrency that puts an extra focus on privacy. It has been created as a cryptocurrency which is handy for everyday use.

As Bitcoin and other popular cryptocurrencies are getting more traction the privacy issue is coming to a debate. Verge makes it possible to engage in direct transactions quickly, efficiently and privately.

Also, due to high usage of the most popular cryptos the transaction time has significantly increased.

Privacy established

Verge puts an extra layer of privacy onto the blockchain. Privacy is one of the most important characteristics of this cryptocurrency.

It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining personal privacy.

Super-fast transactions

Like paper money and gold before it, bitcoin and ether allow parties to exchange value. Unlike their predecessors, they are digital and decentralized. For the first time in history, people can exchange value without intermediaries which translates to greater control of funds and lower fees.

S.O.T or speed of transaction is one of the main key focuses of Verge. They strive to perform the transactions way faster than other cryptocurrencies. Simple Payment Verification technology allows average transaction confirmation times to drop to 5 seconds.

This new altcoin is the perfect cryptocurrency if you want to process fast transactions over the blockchain.

Decentralized and open-source

As with other cryptocurrencies the two main characteristics of Verge are decentralisation and that it is open-source. Nobody owes this cryptocurrency. It is open for everybody.

You can use Verge to create your own applications which can use the benefits of the high level of privacy and the speed of transaction. You can make a super-fast application were the transaction time is very low.

Verge to open for the big masses

Verge offers a wide variety of secure wallets for multiple operating systems like iOS or Android. The revolutionary Tor Android Wallet offers mobile anonymity, which is a unique feature among privacy-oriented coins which this altcoin is a part of.

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Verge for gambling purposes

Because only bitcoin casinos are just lurking around the corner it will take a while before altcoins are going to come into play when it’s regarding opening an online casino that accepts altcoins.

The most popular altcoins for online casinos are Ethereum, Litecoin and Dash. People expect that more altcoins will come into play in the near future as a method of payment for online casinos.