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Verge [XVG] development update: Code rebasing underway

Anvita M V



Verge [XVG] development update: Code rebasing underway
Source: Unsplash

Verge [XVG] a decentralized open-source cryptocurrency platform that offers anonymous transactions, has released their latest development update on their official Twitter handle. The team speaks about their work on Insight API clients, road map of upcoming wallets, progress on the iOS wallet, progress on the ledger and more.

Verges tweet | Source: Twitter

Verge’s tweet | Source: Twitter

In this week’s update, the team stated that they have created separate packages for the Insight API client to give developers the option of choosing the language of their choice. The Insight API is offered in three different versions TypeScript Insight API Client, Swift Insight API Client and Java Insight API Client.

The team revealed that multiple wallets were in progress, namely, iOS Wallet, Electron, and the QT Wallet [with a new codebase].

Verge’s desktop wallet has now been integrated with the newly developed Insight API clients. The team is working on rounding off some minor issues in the new desktop wallet. Team also stated that it is waiting for the new codebase since the desktop wallet has been built on the currently used codebase.

Verge team mentioned that their most anticipated wallet for iOS has been undergoing a smooth development phase. The team is currently working on creating views and once it is done they will be focusing on the back end of the app. The Swift Insight API is being used with the blockchain to create the wallet on the iPhone or iPad.

The team said that the Android Wallet upgrade will not be a priority this year and it is on the company’s roadmap as a project for 2019.

The team has developed a prototype to integrate Verge into a Ledger Nano S. They said:

“Our team has developed a prototype, proving we can integrate Verge into a Ledger Nano S. We are currently considering different possibilities for more security features. We also are relying on Ledger HQ to integrate our code into their product.”

The team is undergoing a code-base revision from Bitcoin Core v13.0.0 to the latest version available. Summarizing in brief the team stated that the customers will be able to enjoy considerable improvements in the performance of the blockchain, chain validation, chain security, and CPU.

Twitter user XVG_Illuminati said:

“The marketing team went from having a slight lack of consistency and professionalism to doing weekly updates and keeping us informed of EVERY step of the way. Absolutely amazing #xvg’s team has grown faster and is now a lot more efficient than most cryptocurrencies. Keep at it!!”

Twitterati Will, aka Dabbie said:

“Well done. Looks great. I will always stand by the entire #VergeCurrency and $XVG team. Great developments as we move towards #MassAdoption of #cryptocurrency. “

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Anvita Mysore Vadiraj is a full-time content writer at AMBCrypto. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies.

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1 Comment

1 Comment

  1. Avatar


    September 18, 2018 at 7:16 PM

    New Insight API, new codebase 0.17, RingCT, new Desktop wallet. Everyone knows they are ripping Particl off…

    Verge doing what it does best…

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Tron [TRX] DApps surpass Ethereum, EOS in terms of weekly active and new users

Namrata Shukla



Tron [TRX] DApps surpass Ethereum and EOS in terms of Weekly active and new users
Source: Pixabay

Tron [TRX], the eleventh largest coin on CoinMarketCap, has been crossing new milestones recently, with its block height and partnerships. Despite the coin performing rather poorly in a relatively bullish market, its adoption and the popularity of its DApps have made Tron lead the DApps market.

Tron’s popular proponent, Misha Lederman, shared with the community Tron’s recent achievement. Compared to Ethereum [ETH] and EOS, Tron registered a higher number of new users and active users. It noted 60k new users, while Ethereum reported 25K and EOS reported 9k. The active users on Tron’s DApps platform were 172k, followed by EOS with 170k and ETH with 54k.

Lederman in his tweet commented,

“#TRON growing fastest in terms of new users among Top 3 platforms:
New Users:
TRON 60K; #ETH 25K; #EOS 9K
Active Users:
TRON 172K; EOS 170K; ETH 54K”

Source: Twitter

Source: Twitter

He added that BitTorrent Speed’s launch in Q2 would provide Tron and BitTorrent users with BTT as an incentive for seeding, which might lead to a growth in the user base of TRX and BTT.

Source: Twitter

Source: Twitter

According to Tron foundation and BitTorrent CEO Justin Sun, TRX will make its way into the top 10 by the end of June, whereas BTT will be a part of top 30 by Q2. However, Tron’s current market cap is $1.87 billion, whereas Cardano [ADA] on the tenth position reported a market cap of $2.12 billion.

At press time, Tron was valued at $0.0279, with a market cap of $1.87 billion. The 24-hour trading volume of the coin was noted to be $664 million, as it fell by 2.80% in a day. TRX managed to register 12.60% growth over the past seven days. However, it fell by 0.53% in an hour.

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