Verge And Its Latest Developments – Wallet, New Codebase And Smart Contracts.
The software developer at Verge, Marvin Piekarek, gave a general update to the crypto world on how Verge (XVG). There are important news and things happening around Verge. We can mention a new cryptocurrency wallet, a new codebase and smart contracts.
These are the announcements made by Verge:
- Verge is working on the design and coding of the newest version of the so called Verge Wallet. The wallet will have different features, including improved decentralization and security, better user experience, reliability, it will be open source and more.
- Verge upgrades the Verge Codebase to Bitcoin v.0.13. The Verge developing team has decided to do that because of updated security protocols, and also because plans further improvements in the near future. It is also important to mention that they are working on integrating RingCT (Ring Confidential Transactions), in this way, it will be possible to increase privacy and data security.
- Additionally, it will be exploring the potential of the so called RSK smart contract platform. It may be possible to add a sidechain.
Moreover, during the last months, Verge has been affected by different attacks on the network. And the team has shown that it is ready to learn from mistakes and take the necessary actions not to have similar problems in the future. For example, the Cees Van Dam, called the entire community with the intention to gather and unite it in periods of attacks.
Furthermore, Verge has also been working with other companies around the world to expand its services. We can mention Bambu-U Australia, which is accepting XVG as payment for its products, including watches and sunglasses.
Another partnership has been made with the Audio cable company known by Panchanko, and it accepts XVG as a form of payment. The company Royal Queen Seeds, is also accepting Verge as a form of payment. The last thing to mention is that it has indirectly partnered with the Litecoin Foundation. It was able to purchase an important stake in the WEB Bank doing it through TokenPay.
Verge is very grateful to the community that is supporting the project in hard and good times.