Why Verge?
I. PoW or PoS?
DO NOT touch coins with PoS system, masternodes or alike. It works like that: you buy big stack=you control the money=same system as we have now with dollar. The rich gets “richier”. You CAN NOT control limits of buying or smth like this.
PoW system: Time goes -> you need to upgrade your hardware. Natural process. As a programmer, you always need to update and upgrade your skills, even without getting more salary.
Verge is PoW.
“Verge has 5 different hash functions: Scrypt, X17, Lyra2rev2, myr-groestl and blake2s. Such design allows for a more equal access.” And it is true. It is harder for one person to control mining.
II. Supply.
DO NOT touch coins with unlim. supply. Same system with dollar. You never know the exact amount of dollars is printed. They tell you crypto is not backed by anything. They used to say dollar is backed by gold, but it is backed by real product and oil nowadays. They used to say crypto is a threat, crypto is the only way to revolution without destruction, I say! Only limited supply on PoW!!!
III. Anonymity.
In a 1999 interview, Prof. Friedman concluded:
“I think that the Internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing, but that will soon be developed, is a reliable e-cash, a method whereby on the Internet you can transfer funds from A to B without A knowing B or B knowing A. The way I can take a $20 bill hand it over to you and then there’s no record of where it came from.
You may get that without knowing who I am. That kind of thing will develop on the Internet and that will make it even easier for people using the Internet. Of course, it has its negative side. It means the gangsters, the people who are engaged in illegal transactions, will also have an easier way to carry on their business.”
Let’s here remember how the thing were going before March 2017. People were using bitcoin and Monero as a mean of payment on Tor. Just buying drugs and guns. Not much changed since then, bitcoin got mass adoption, but lost its anonymity completely. ChainAlyses – is a company, that works for USA gov, and what they do is identifying The A and B in chains.
Just ask yourself, if you have a choice to buy potato and bread everyday with crypto, would you choose to buy whatever you want anonymously? My answer is YES, OFCOURSE. I don’t want anybody to know what I buy – potato or porno.
What anonymous coins are there:
I wont describe each coin for you here. DYOR, but always check this things: PoW or PoS, Supply, Scalability and community (adoption).
You just believe me here or not, it is your choice, I’ve made my research already and among all anonymous coins with all functions, and all above, best, imho, is Verge.
IV. Adoption.
If you are for a while in crypto, you’ve must heard of XVGARMY. If not go check it. Haters there say it is bad. Why is it bad to have big community that trusts its project? Specially, when it is one of the projects without core company/team. People for people only! That is what is bitcoin was, now and will be.
Corey Price, the vice president of Pornhub: “We’ve been looking at crypto for quite some time and, while overall adoption is relatively low, we think it has gained enough steam for us to penetrate the market.”
And they’ve picked Verge as their crypto. Do you think this guys are stupid? “We’ve been Looking at crypto for some time” – It is HUUUGE.
MindGeek is a big whale among all industries. It is Porno, it is HUGE. And this guys took some time to learn crypto and what did they pick? VERGE!
Porno->VR Porno->All VR tech->VR games = 2 biggest industries. It is just a matter of time.
V. Blockchain competition
We all benefit from using blockchain technology. But what is the real use of it? Smart contracts? Platforms? You sell land and house via blockchain, pay bills with it, transfer goods? No! This will be realized locally on governmental level.
The biggest real use of blockchain is cryptocurrency and store of value.
And lets remember, what mr Putin have recently said: “Russia, by definition, cannot have its own cryptocurrency, just as no other country can have its own cryptocurrency.”
He is smart. Governments can not control cryptocurrencies, but foshoo they will build special blockchains, locally, that will help people, help saving time in work, etc.
I am talking about that, because YOU, here, can benefit by taking your look at cryptocurrencies first, after on platforms and other projects.
By far, the only popular and mass adopted project was cryptokitties!
In 2016-2017 I made my bet on KYS-projects like Civic. But it is useless by far, nobody needs this ready-to-use solution, nobody needs ethereum blockchain inside their businesses.
And again, who got the Visa? Nobody. Who got Microsoft? Nobody. So much words inside many projects. Only Verge proved its partnership information. And, again, it is so huge, people just don’t get it!
BTW. Check Charlie Lees twits before partnership and his apologizing’s after.
VI. 51.
Ok, why so much fud, when Verge is attacked and so little when monero had its issues? Why nobody talks about IOTA deleted topics on bitcointalk and its completely useless code and idea in common? Why there is no fuss about online wallets and hardware wallets hacked? No words of Durov's stupidest idea to presale everything to 100 people? I tell you why!
- Some people are scared of such project as Verge. They want to bring it down by FUD, DDoS.
- Verge has no center, main marketing team. It is started as public, open-sourced project. It is “by people for people”
VII. “Then rests on, blesses and sanctifies the seventh”
Yes, I buy it since 4 satoshi. I shill it since 4 satoshi. Many people said, I’ve saved their families, funny but true. I am glad to be XVGSOLDIER. Nobody payed me for this, IDC if you buy or not, IDC what you think. It is just my passion, that I have on blockchain and crypto.
✅ @larphraulen, I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!
Please also take a moment to read this post regarding bad behavior on Steemit.
Coins mentioned in post: