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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XVG] Verge - Speculation & Discussion on: September 24, 2018, 07:25:11 AM
Edit: Also I would like to respond previous assumptions about me. I did not inflate those numbers, and the statistics are not "fake". I saw the news via twitter. Other coins also have large amounts of mining related transactions as well. One reason is XVG's blazing fast block time, hence issuing block rewards more often). Not only did Verge rank highly for transactions, but also for active wallets, blaming one wallet is a weak argument. And yes, the transaction fee is extremely low, allowing for users to send numerous transactions easily and at low cost.

They ARE fake. I already showed with sources to the public explorer almost 50% of transactions were done by one wallet. And yes, this works because transactions are so cheap. This also leads to "active wallets" since every transaction generates an one time change address. These numbers are fake. Not a mining pool (they payout in one transaction with multiple outputs).

Everyone be really careful. Verge also hyped up the wraith protocol at NYE as something revolutionary and in the end it was just copied "opaque addresses" from OpalCoin and TOR routing integration. Don't fall for hype, the promised features like RingCT aren't easy to implement in a safe way or in a way that grants real privacy. RingCT for example would HAVE TO be implemented mandatory, otherwise this would lead to traceability issues. But with mandatory RingCT transactionsize would grow about 1500%. With low fees this would be a good attack vector to spam the network with enormous numbers of big transactions to slow down/DDOS the network.

Don't get blinded by "ADOPTION", look if a coin really can offer what it promises. And I can tell you the current "privacy solution as a choice" is fully traceable. There are enough Bitcoin wallets out there that offer "stealth addressing" for Bitcoin and I would bet you wouldn't call Bitcoin private?! Forget TOR here, hiding IPs could be solved with almost every coin and IPs are not stored on the blockchain.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XVG] Verge - Speculation & Discussion on: September 20, 2018, 05:19:19 AM
XVG is not a potential coin to invest. I feel very disappointed with the development team of the XVG. They have no foresight, and they only cooperate with partners of the porn industry

Please my friend, join us in the real world, where Verge Currency is looking like a better investment than ever.
Yes, I think we really should take a close look at what you are advertising here, and what people should also know before pumping money into XVG...

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Recent stats show XVG is in the top 10 most used cryptocurrencies, in some 24 hour periods beating other privacy focused coins such as monero, dash, zcash, etc https://twitter.com/XVGWhaleReal/status/1038555462172635137
Someone already pointed out to you, that these numbers are fake. So I also think these numbers are faked by you. How I come to this conclusion (whoever reads this keep in mind, that Verge is advertised as private and anonymous... Wink ):
The high transaction count is done by spamming the network, by this wallet address: https://verge-blockchain.info/address/D6J9N4s6WCnkWGE78VtaLci6rkGHVVP3xw
You can see it is indeed a miner, since it receives new coins. And you are a miner too according to your twitter account. So this fits. But lets go on.
This address creates roughly 80 transactions out of one mining reward: https://verge-blockchain.info/block/5863fe1011f382884ca910465eb5b120d5081c1ac923c82cc7e34af9096c8b3e
This is one block, where you can see all those transactions in one block, meaning it is done by one entity. Other entities could not spend these XVG, so it is definitely one.
Since the wallet is public you can see how many block are mined in a 24h timeframe. Blocks mined x transactions created out of the block reward = tx per day caused by one address (~3200/day).
With ~7000 tx per day this resolves into 45.7% of all current transactions being done by one entity.

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I just texted Sunerok the other week, he is doing excellent. He is not one for social media, that is because he is a programer, and programming is his focus. Listen to his speech in Amsterdam. Also has more NDAs up his sleeve.
This is what all officials and Vergins are claiming. "Sunerok in beastmode". But wait, there is a way to see if this is really true! Look at: https://github.com/justinvforvendetta , especially the contributions: since end of july 7 days he did something, and since 21 days he did absolutely nothing. So, this is again a lie.

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The core dev team is doing an awesome job, with constant updates on the beautiful new iOS wallet coming soon: https://twitter.com/SwenVanZanten/status/1037813951378141184
This is actually something where you can see things happening, but this guy also does following:

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That same Verge core-team developer just going Verge Currency working on his personal ledger: https://twitter.com/marpme_/status/1041671148025597953
An implementation without ANY privacy feature. Stealth addressing, and if it ever comes RingCT, would need A LOT of work to implement it into a Ledger. If Ledger really implements this solution this will lead into a dead end, when stealth addressing or RingCT will get implemented, and as it should be mandatory(since optional stealth and RingCT is highly vulnerable to deanonymization), the Ledger will be broken.

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The core team is very active, a very large group working on the next stages of marketing, development, and partnerships, highly dedicated to taking XVG to the next level.
The development on the technology level is pure copy paste. stealth addressing (wraith protocol) was copied from OpalCoin, RingCT on Bitcoin codebase will be copied from Particl. Aside from GUI most stuff is simply copied, which has already led to vulnerabilities and exploits. This will go on.

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As CryptoRekt(https://twitter.com/CryptoRekt/status/1041451166440206336) mentioned on twitter a few days ago(good friend of Sunerok/lead dev), @justinvendetta (Sunerok) is working hard on perfecting his "baby" (Verge Currency) as this is a work of passion. For Justin, this is about more than just money. Implementing the new bitcoin standards to the codebase is just on more step towards more success. I have met Justin twice in person, this past December in Florida and in Amsterdam at the meetup, as well as chat with him on occasional phone call and text. All is well, he is the person you want for this job, and cares deeply about the project. And he hasn't been completely silent either, some of you may have listened to his interview of Frank Dashwood on "Radio Crypto" not too long ago. If he is keeping to himself, that means he's working hard.
What you really should look at is what he said about the audits which were promised after people like me accused the Verge guys lying about untraceability and privacy of Verge. While I still think these audits never happened he said they won't be published, because "a update to the codebase is coming anyway". So the audits would say: Verge is whether private, nor secure. Otherwise there wouldn't be a reason to hide them.

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And if you are concerned about the markets, lets not forget that XVG had the highest ytd % gains of any cryptocurrency in history in 2017. https://www.cointimemachine.com/top-100-best-cryptocurrency-list-2017/

Completely build on lies, pump and dump, but almost no real progress. Made some people rich, and a lot of people poor.

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Dismissing Verge as a potential investment, is like dismissing water as a means of hydration.
Poisoned water.

There is even more I could question here, especially about RingCT. But I think this is a good starter piece to debunk your Verge propaganda here Smiley
3  Other / Beginners & Help / Re: Protect your private key to keep it safe on: September 20, 2018, 04:44:50 AM
Test post, will change content if it gets through. Edit: Woohoo, posting possible again \o /

Regarding security and safety of cryptocurrency funds definitely look at "hot wallets", "cold wallets" and "paper wallets". Do not store big values at web wallets. If you want to use hardware wallets do not buy from resellers, these can be manipulated.
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