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Verge - Is it getting Better or Worse? by arunava

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· @arunava ·
$51.18
Verge - Is it getting Better or Worse?
<center>

![images (4).jpeg](https://gateway.ipfs.io/ipfs/QmbPcamfjiRucKCqrBjVshmejQeus71p1fkcxoEqhKQeyn)



There are several conflicting opinions of Verge in the Current Market which shouldn't be a surprise as the Project has been through several setbacks recently.


![DQmfXyKGbYSEWzkriJ7jHPQ36TDV1CTrGgZSBcBjveo32jz_1680x8400 (1).png](https://gateway.ipfs.io/ipfs/QmZMeFT2WdG6FA5mcwpAeBMAyKdrTLBCaMLnEKweYEB7Wj)


So recently Verge had an accidental Fork/Hack where around 250000 XVG tokens were misplaced. This was later claimed to be an Accidental 51% attack against the Network which I feel is rather Rare. A 51% attack means a Person is in control of over 51% of the total Hashing Power of a Cryptocurrency which is rather Hard to achieve.


![DQmfXyKGbYSEWzkriJ7jHPQ36TDV1CTrGgZSBcBjveo32jz_1680x8400 (1).png](https://gateway.ipfs.io/ipfs/QmZMeFT2WdG6FA5mcwpAeBMAyKdrTLBCaMLnEKweYEB7Wj)



Even though Verge uses Five different crypto Algorithms for Mining it seems there are still a lot of Issues in the Code itself. At this point in Time I feel like it's High Time Verge went through a Hard Fork to Prevent such Issues in the Future.

![Cover.jpg](https://gateway.ipfs.io/ipfs/QmYAG7yL7TBLxpDH8VwAd45JLfBgcA7YsYQvZVifsQzGpe)


**I feel for a Privacy Centric Cryptocurrency Verge's Project Code is Far from Being Secure.
What do you think about this?**</center>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 936 others
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vote details (1000)
@crypto2crypto ·
$0.20
Verge is totally a shit coin. A privacy coin that doesn’t provide privacy is total waste of time
πŸ‘  ,
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vote details (2)
@arunava · (edited)
Hehe truly Said. The country is themed on Privacy and it's entire Code is full of Holes that's pretty Ironic.
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@generaldisarray ·
$0.11
From my understanding it wasn't a true 51% attack from having the hashing power, but rather a bug in the code that allowed the perpetrator to manipulate the timestamp of a solved block.  Here's a [reddit post that explains it far better than I ever could](https://www.google.com/amp/s/amp.reddit.com/r/CryptoCurrency/comments/8a2b99/verge_xvg_mining_exploit_attack_megathread/).
πŸ‘  , ,
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vote details (3)
@arunava ·
$0.03
Yes I have read it that's why I said that the entire Code is at fault and Verge needs to Hard Fork rather than trying to fix what's fucked up.
πŸ‘  
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@gorec ·
$0.06
best app for view cryptocurrency stats and signals https://usignals.com![](https://steemitimages.com/DQmRAvEkANBNJmKF9p7BU8RyZuAphr7v99W8KYQSZdmjLnC/image.png)
πŸ‘  
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@arunava ·
Ok I will look into it when I reach home.
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@mafzaal92 · (edited)
$0.06
Thanks for sharing information about cryptocrruncy. I hope it will correct soon.
πŸ‘  
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vote details (1)
@arunava ·
I was hoping to get into Verge but the situation doesn't seem good right now.
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@tsnaks ·
$0.06
That sucks.

Hopefully the recovery will hapen soon
πŸ‘  ,
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vote details (2)
@arunava ·
Verge has gone through several Problems I feel like the Team is to Blame for all the Faults.

One or two faults can be slides down but this is seeming to be a Regularity.
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@zaicha ·
I think there should be some regularization to protect the investors and to avoid such happening again
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