This article was first published on vergecurrency - Medium ----- Thanks to Desolator, one of our core members, for writing this awesome beginner’s guide! Original: https://www.reddit.com/r/vergecurrency/comments/98lr73/verge_currency_beginners_guide/A short Background2008 was the worst financial crisis the world had experience since the great depression. The efforts of banks worldwide were not enough to prevent its occurrence. Shortly after, someone by the name of Satoshi Nakamoto offered an alternative solution. A digital currency that removes the need for a central bank. His proposal written in the Bitcoin white paper, is summarized below:A secure, decentralized network.A system with economic properties.No need for banks or rule makers.Instant
So far, 2018 has not been a good year for cryptocurrencies. At the very beginning of the year, cryptos managed to reach incredible heights, only to drop from them soon after that, and the recovery […]
Privacy-focused cryptocurrency Verge (XVG) has been the victim of another hack, in which 35 mln XVG were stolen over a period of a few hours, The Next Web reported yesterday, May 22. Verge tweeted that […]
Privacy-oriented cryptocurrency verge has dealt with several attacks recently, displaying how difficult it is to code blockchains without exploits.