Verge (XVG) Coin Releases Latest Crypto Project Development Updates

    Verge (XVG) continues its expansion in the cryptocurrency world with new updates and information about the whole project. The team behind Verge is constantly working with its Telegram channel and via Twitter informing everything what they do and develop.

    Back in July, the team was working in different projects, including the design and coding of the latest version of the Verge Wallet, an upgrade to the Verge Codebase to Bitcoin v.0.13 and exploring the potential of the RSK smart contract platform.

    After it, the company wrote in a blog post, all the latest developments that they are currently carrying out. The first thing that they mentioned is related with a Twitter poll in which they asked which is the most important goal for Verge.

    The results were the following:

    • 48% voted for: Codebase including RingCT
    • 34% voted for: iOS Wallet
    • 9% voted for: Desktop Wallet
    • 9% voted for: Android Revisited (i2P)

    3,130 individuals participated in the poll that showed a preference for two main topics, Codebase and RingCT, and an iOS Wallet.

    The company explains that they were surprised about the results because they believed that people wanted the wallet after the new codebase. But the results shown that there is an important interest in the community for an iOS wallet. Verge is now working in both, the codebase and the wallet at the same time.

    The second topic discussed in the blog post is related to the technical storing of keys. They explained that they are working in order to solve the issue related on how to securely store private keys in the latest version of the Wallet on iOS and Desktop.

    Indeed, Verge said that they do not know how they are going to do it, yet. They explain that they will have to do a lot of research and consider different factors to keep the keys secure. Moreover, they say that security is a priority for the team.

    Additionally, they informed that they will be establishing the BIP39 Format that allows to recover private keys using a personal word combination.

    The latest topic mentioned is the desktop wallet. They wallet got a new fresh and designed address book that aims to increase the ease of use for people to be able to send Verge easily and without problems.

    The company wrote on the matter:

    “Currently the Electron version was raised to 3.0.0 (beta-5). This includes: Node 10.2.0 Chrome 66.0.3359.181 – which results in a more secure environment. We must still wait until the final (stable) release for the Electron version.”

    Finally, they explain that they were focused on finishing up some important points about the iOS wallet.

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