Deciding on which digital currency to invest in right now is a daunting task, especially if you’re not a seasoned investor. There are lots of different digital currencies and platforms; they all have their unique features so choosing one just gets difficult as you dig deeper. You can read about the features of each coin, but how can you tell which will do well and which will not?
However, NEM (XEM) and Verge (XVG) have a promising future in the digital currency space. They are both solid and reliable digital currencies, here is why.
NEM (XEM) is one of the most recent altcoins, but it already has the potential to compete with the leading digital currencies in the market such as Bitcoin and Ethereum. NEM is a blockchain platform that lets smart assets through it, and it was built with corporate users in mind.
Most of the present digital currencies use proof-of-work or proof-of-stake algorithm. NEM is unique, and it utilizes the proof of importance consensus algorithm.
This is another major advantage of XEM. It attracts investors to the project. For instance, if an investor wants to harvest new blocks, they only need to have 10,000 XEM tokens. This encourages more investors to the platform.
The growth of Verge might soon become of the best ever witnessed in the crypto space. It has secured some partnerships that will take it to the next level.
The features of Verge regarding anonymity and privacy are just can’t be compared to any other platform until this very moment. Some rivals will not admit it, but when it comes to anonymity and privacy, Verge is the best.
Verge Has a Simple Payment Verification System
Verge has been referred to as the next Bitcoin because of the incredible swiftness in transacting in the token of Verge. This is because of their Simple Payment Verification (SPV) protocol that makes it easy to adopt and even more stable, than bitcoin.