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- Pornhub had started accepting cryptocurrency as a payment option since April 2018.
- Verge (XVG) is a very secure and an open-source cryptocurrency that claims to offer anonymous transactions.
- Pornhub appreciates Verge’s core values of anonymity, security, and practicality.
Pornhub had started accepting cryptocurrency as a payment option since April 2018. This site and its other adult sister sites like Brazzers and Nutaku also accept cryptocurrency now. Verge cryptocurrency is a rebranded version of Dogecoindark which forked from Dogecoin in 2014. The users can pay for any Pornhub features, including an annual or Premium subscriptions using the Verge. Verge trades on all the leading cryptocurrency exchanges with the symbol– XVG.
Verge (XVG) is a very secure and open-source cryptocurrency that claims to offer anonymous transactions. XVG cryptocurrency built on the blockchain and uses the anonymity software called TOR (The onion router). Verge also uses an I2P to hide transactions’ IP addresses and their respective locations.
PornHub Pushes Verge Adoption
Pornhub appreciates Verge’s core values of anonymity, security, and practicality. Introduction of the Verge to Pornhub is an incursion into the future from this industry that is always looking for cutting edge technology.
Past trends have proven that the adult entertainment industry plays a very critical role in the adoption of new and innovative technology. It has observed with Beta Max, VHS, various credit card payment icons, and the most recent one VR goggles. This will lead to the widespread adoption of cryptocurrency and blockchain soon.
XVG Offers Most Suitable Privacy Features
There are many other cryptocurrencies available in the market with privacy features. Dash and Monero also offer quite high levels of anonymity and privacy relies on cryptography techniques. Though such cryptocurrencies have succeeded in securing its user’s anonymity to some extend. Their application has also led to secure public ledgers, but they are less transparent. This tradeoff feature at times makes it quite tricky to verify transactions. While XVG currency tries to tackle this problem by relying on its existing and tested technologies. Verge stick to the TOR and I2P network to achieve its goals of user anonymity rather than relying on cryptography.
Before the news broke out of the partnership between Pornhub and Verge cryptocurrency, 1 XVG price was below $0.08. After that Verge reflects a $1.14 billion market capitalization and had gained 160% over the entire one month period in 2018. Making it a very successful strategic partnership decision.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
