Verge has experienced some amazing progress on various fronts and also added to a new cryptocurrency exchange. The Verge University is also doing some great work and here we will discuss some of the new updates of Verge.
Listing on New Exchanges
EviEx and Bitnovo are two cryptocurrency exchange those added Verge on their network. The Dutch-based EviEx crypto change and Bitnovo offer their users the opportunity to spend and sell virtual currencies at more than 36,000 shops in Europe. Virtual currencies like Verge can be bought with traditional currency or through their website. The developer of the Verge also declared that they are also working alongside TokenPay to get add on EFIN crypto exchange too.
— VergeCurrency (@vergecurrency) August 13, 2019
The dream has come true! #Verge is now available in 🇵🇹Portugal🇵🇹 in over 2.000 @bitnovo and @PagaquiPortugal stores. 🙌 #Cryptocurrency vouchers are the fastest and easiest way to get your $XVG! 🚀 Now you have no more excuses 😉 https://t.co/BQFRiqkqFf @vergecurrency pic.twitter.com/e4pJ2tBF6Y
— Bitnovo (@bitnovo) August 9, 2019
It is finally time! The thing that we have all been waiting for… tomorrow at 6pm GMT+2 EviEx will open it's doors to the public!#Exchanges #cryptocurrency $EVI $XVG $ECA $DGB $MUXE $LTC $ETH $BTC $VET $BNB pic.twitter.com/ZdzgmmIH5L
— EviEx (@Eviexio) August 17, 2019
Integration in Hardware Wallet
Soon Verge will be integrated on another hardware wallet platform named Ellipal very soon.
ELLIPAL released new firmware version 2.2 today.
— ELLIPAL (@ellipalwallet) August 28, 2019
The intention behind the creation of the Verge cryptocurrency is to be the mode of exchange and to provide power to people who need it. Iranrescuebit.com is empowering the real use case of crypto, by integrating donations in cryptocurrency verge, the collected amount will be used to help people who are impacted by the enormous floods in around 28 regions out of 31 regions in Iran country.
Crypto use case at its finest. Crypto is not only for the dark web for nefarious activity and It’s not a greater fools asset backed by nothing.
Crypto brings the world together, saves lives and dissolves borders and differences.
— Farvahar S (@XVGHS) August 27, 2019
Verge University is the batch of forward-thinking and intelligent students and they are looking forward to the cutting edge blockchain technology and it’s the advancement of it. The University is a group of four core members. These four core members reach out, do marketing and works for the development University. Still, there is a lot of work to do and found the exact basics for the Verge University assignment. Some important problems are that are currently under work are:
• Completing the guidelines for students/teachers.
• Reach out through email and starting social media handles.
• Reaching out to students and lecturer.
• Presentation of blogs and PowerPoint at different university around the world and describing Verge University and Verge cryptocurrency.
• Creating content and updating the online portal of Verge University.
The University is ready to get any help from the people who hold knowledge about basics of blockchain and how it works. Also, they are looking for people who can create blogs, content, and teach students.
Development and Network Updates
The latest updates are that new iOS version is now supporting paper wallet sweeping, Marvinit’s codebase updates related to consensus and mining mechanisms inside the code and also new wallet on Android from Manuel. Some of the most popular developments tweets from the developer’s updates are as follow:
We finally managed to build a stable V5 core that can now also produce blocks on the $XVG chain.
Release and tag follows quite soon — stay tuned. Time enjoy the achievement! pic.twitter.com/ppMrTYOkTP
— 𝕞𝕒𝕣𝕡𝕞𝕖.0x585647 (@marpme_) August 31, 2019
– time-between-blocks VS median time
– hash rate VS difficulty (for all algorithms)
Take a look and get inspired: https://t.co/J5CCj0oOiA
— 𝕞𝕒𝕣𝕡𝕞𝕖.0x585647 (@marpme_) August 19, 2019
The $XVG network rose by ~100% in transaction volume within the past 3 months.🔥 It went from around 120 transactions per 3hrs up to 230 transactions per 3hrs.📡https://t.co/W9s35IcNjV – the source of truth. pic.twitter.com/OymDbQhSUQ
— Vergecurrency Status (@vergestatus) August 24, 2019
Verge currency also expressed their happiness from the support they have received in the previous years.
Verge 101 Acceptance: Verge working is similar to bitcoin and it is also built from the blockchain of bitcoin but it provides some better services and facilities. It has block times of 30 seconds and it only takes a few seconds to register on blockchain and ease the payment confirmation for stores. The transactions costs are also less and only for 0.1 XVG, doesn’t matter how much amount you are transferring.
It also has a privacy feature and it uses torproject to hide the user’s location, but still, transactions are shown on blockchain. Users can see them on. It gives easy proof and easy management of incoming and outgoing transactions. Also, it protects privacy.
It also provides stealth transactions which are optional, these are can also be seen on a blockchain explorer. On the other hand, receivers address get hide and in coming future, they will use RingCT to keep the sender’s address have too. It is just like bitcoin, but quick and safer option than bitcoin. It is also working inside from a community which spread around the world. Also allows the coin to thrive in the market, survive and adopted by the institution and people. The development is also present on GitHub.
Verge more than 50 exchanges, the largest is the Binance and 100 merchants accept remittance Verge. Verge is one of the largest communities and it has more than 300000 followers on Twitter, Facebooks likes around more than 60,000 and more than 17,000 followers on telegram.