In a webcam video shared to Youtube, XVG Whale shares what he knows about Verge development.
Donning pyjamas, surrounded by boxes of Antminer computers in his bedroom, XVG Whale shared his knowledge about the development of the Verge currency on Youtube today.
As I watch the video, I'm not sure whether to be reassured by the authenticity of this dude, called XVG Whale, sitting in his bedroom with Jimi Hendrix and Elvis posters on the wall, or concerned about the lack of effort to make a professional impression.
I suppose he probably just doesn't care about appearances. Let's face it, a lot of people in the tech industry do not prioritise making a good impression when presenting themselves. Yet, it feels a little strange to trust his reassurances.
Having said that, let's get to the point of the video that everyone was waiting to hear more about - the Wraith Protocol. Accused of being vaporware by many in the crypto-community, XVG Whale claims that this new stage in providing privacy for Verge will be released this week. Verge currency jumped in trading activity when the video was made available to the public. If Wraith is successful, it will surely bring significant further interest to this currency. The Wraith Protocol reputedly enables the ability to choose public or private transactions via the Verge blockchain. This would give Verge considerably more utility and validity as a privacy coin, alongside its already-functional TOR-enabled wallet.
XVG Whale went on to talk about further improvements in the coin, namely atomic swaps, RSK implementation allowing for smart contracts, and a debit card that could allow retail transactions converted to USD from Verge, for everyday purchases. He even mentioned that the developers have been thinking ahead about issues that could happen in the future with quantum computing.
It appears, from the video, that Verge has a very exciting future - that is, if you trust a guy shooting a webcam video in his bedroom in pyjamas.
video source:
https://www.youtube.com
This is going to be awesome!! I am super excited, if its released this week!
What does it means?