|May 12, 2018 12:43 PM||By: John Patrick Mullin | 4939 Views|
When buying cryptocurrencies, the relevant question, or maybe a decision, that the investors are suffering is which crypto to go for. Many of them that seem successful at some time usually end up crashing down and disappearing from the market.
Others and this mostly goes for the big names, can handle the market crash, but have a lot of different issues that need taking care of. However, there is one that seems particularly stable, and its very character shows that it has a future. We are, of course, talking about Verge (XVG).
There are many ideas why Verge is the safest bet for investors, especially those who are attending to be in the crypto game for a while.
Verge uses open-source software, and some specialists, including John McAfee, agree that it is the best one when it approaches to anonymity and security.
As a comparison, those who invested in Ethereum (ETH) had a very tough time after it was hacked, and their tokens just went from their wallets. Security is one of the biggest concerns for crypto users, and Verge has got that treated.
Next thing to point out is that Verge is amongst the most stable cryptos on the market. This mainly goes when it comes to giants like ETH and BTC. True, it also experienced losses when the prices of cryptos dropped at the beginning of 2018, but it experienced much less than some other cryptos.
It is also an economical choice since it is accepted by a lot of exchanges, even though that might not carry the biggest ones, or at least not yet. There were problems of a massive rise in the value of cryptos after some of those big exchanges choose to enlist them, so getting XVG tokens before this happens is a sparkling thing to do.
A different thing that might soon raise the price of Verge admits its total circulatory amount. It has around 13.5 billion coins currently released, but its set maximum is 16.5 billion. That suggests that it might soon reach this number, which will change its price a lot since you will only be capable of getting it from exchanges or other holders.
Earlier this year, South Korea concluded that it doesn’t like the idea of private blockchain and anonymous trading of cryptos. Private blockchains support for users to remain anonymous during their transactions, which is another from the way the more-favorable public blockchains work. Because of this, it is assumed that private blockchains will, at some point, leave entirely.
However, Verge has a way throughout it, thanks to the Wraith Protocol. This protocol combines two parties by creating a link between them.
That means you can make both, private and public transactions if you are doing Verge as your chosen crypto. A contract like this has the potential to make Verge cooperative with related regulations that might happen in the future, and yet, it still provides for users to have their privacy when it comes to more delicate transactions.
Choosing Verge is becoming more and extra practice. It provides for some extra security, but also for anonymity, should the need arise. The benefits are huge, which is why you should think to get some of the tokens before the next big increase in price. Generally, there are never more guarantees when it happens to cryptos. All we can talk about is their potential, and potential is one business that Verge does not require.