Privacy is one of the most admired features of cryptocurrency, being one of the driving factors behind cryptocurrency’s growing adoption. Yet, there is discontent in the crypto community about the lack of genuine privacy.
For all the advantages of Bitcoin, its privacy mechanisms are far from foolproof. It is possible to discover the details of a transaction, including the sender’s personal information with a little technical know-how and investigation.
To answer this security concern, numerous coins are being developed that focus on offering stronger privacy to users.
Verge is one of these “privacy” coins. It has the same purpose as a bitcoin, but the way it distinguishes itself is by offering stronger privacy. Bitcoin is not anonymous, it’s pseudonymous….