Noah Ruderman on Verge

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Noah Ruderman is an engineer at Facebook and also is an advisor for Storecoin.

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Verge is a cryptocurrency that is focused on anonymous, private transactions between users.

Privacy coin Finance and payments

Verge reviews by Noah Ruderman

🔑 0 positive | 💩 3 negative

2018

  • 💩

    There are ways to be so unproductive it's better not to contribute. Privacy is like medicine or building bridges: someone can get hurt if you do it wrong or mislead.

    Trust me, Verge is not helping anybody but themselves.

    2018-10-13 | Full Review

  • 💩

    Verge has RingCT on their roadmap, but they don't have ring signatures or plan to implement. Which is where the ring in RingCT comes from. So I guess their plan is to copy Monero's codebase. I don't think they'll get it right though. It actually requires knowing advanced cryptography.

    2018-06-25 | Full Review

  • 💩

    Verge makes strong claims about their privacy that are not true. They make false claims about the privacy provided by legitimate projects for their own benefit. They make these false claims despite knowing that it could get someone hurt. It is clear that the team is marketing on false information for self-serving purposes. These are not honest intentions. They do not care about the safety and freedom of people who need privacy. They are claiming to fight for a cause they clearly don’t care about and putting others at risk for financial gain.

    2018-01-04 | Full Review

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💩

The problem is I don't think XRP has a use case. Currently its intended use case is highly speculative, yet unproven. Banks are still uninterested in the token XRP six years after Ripple was incorporated. Banks are not clueless.

2018-06-09 | Full Review

🔑

The biggest competitors for LTC and BCH? Stellar and RaiBlocks. These coins were architected for payments that provide low / zero fees, high throughput, and fast confirmation. They provide these solutions today, and there are no hidden tricks like subsidizing transactions.

2018-01-01 | Full Review

💩

IOTA is disputing this in part because

- they lack a functional understanding of cryptography to the extent that they are taking the informal answers of security.stackexchange.com as rigorous definitions;

- they lack any natural intuition about how to think about security, to the extent that they are rolling their own crypto and testing it on production systems without peer review; and

- they lack the social skills to accurately interpret the more qualitative aspects of these textbook definitions, such as what the word “negligible” means.

2018-03-04 | Full Review

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💩

So Verge, Bitcoin Gold, and MonaCoin (unverified) have all been attacked in the last day or so. This is the inevitable destiny of every smaller PoW chain. Verge and BTG were both sold as a “better bitcoin.” This is the fate of every better bitcoin.

Nic Carter, Partner at Castle Island Ventures and Co-creator of Coinmetrics

2018-05-22 | Full Review

💩

Verge mining is being exploited again. Someone has 51% attacked and taken over the Verge network again. Pornhub transactions are being reversed! 😂

2018-05-22 | Full Review

💩

Total train wreck on Verge involving a 51% attack and a botched fork.

2018-04-05 | Full Review

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