Bitcoin Plus doubles in one day

An altcoin Bitcoin Plus price rose from $60 to $124 during 24 hours
13 November   509

Bitcoin Plus (XBC), an alternative cryptocurrency that uses the Tor Network for IP address privacy and also uses Hybrid Proof of Stake and Proof of Work, is developing in a positive direction showing a significant price rise, increasing by 85% within past 24 hours and growing from less than $60 on November 12 to $124 on November 13. 

bitcoin plus charts november 2017Bitcoin Plus Charts

Bitcoin Plus was launched in 2014 on Poloniex and since that time has remained nearly flat for most of its life cycle having a price of around $40. Nevertheless during last 7 days it grew up by 262% and at the press-time has market capitalisation of more than $12 million.

Such a notable rise of the alternative cryptocurrency might be linked to the recent fluctuations of its siblings Bitcoin and Bitcoin Cash due to the announcement of SegWit2x developers about fork cancellation. 

reddit.com user comment towards bitcoin plus riseReddit.com user comments

The users of website Reddit.com reacted positively to such an unexpected increase of cryptocurrency which remained stable for a years-long period of time. 

There is 1 million Bitcoin Plus coins to respond to 21 million Bitcoins, and Bitcoin Plus is characterized by a much faster block processing time and can handle eight times more transactions than Bitcoin.

Verge to Improve Security via Hard Fork

Verge cryptocurrency will reportedly undergo a hard fork on block 1 824 150 which should resolve stealth transaction issues and enhance privacy features
22 January   2325

Verge has announced that the hard fork of the coin will occur on block 1 824 150. The decision was made because some mining pools were not running the latest codebase, and as a result some stealth transactions did not get confirmed. Verge tried to soft fork, but not enough pools participated. The new hard fork will assure that miners are up to date and process stealth transactions.

Verge tweet regarding hard forkVerge Tweet Regarding Hard Fork

What is more, the hard fork will make sure all transactions will be processed and confirmed even faster, and it will not affect coins in the wallet. After the hard fork, the users will have 6 days to update their wallets to then still have access to their funds. Moreover, balances at any exchanges will not be affected by the hard fork.

Verge latest blocksVerge latest block at the moment of press

As soon as the stealth transaction will be activated with hard fork at block 1 824 150, at the moment of writing the last activated block was 1820480, and the estimated time until the Verge hard fork is 30:31 hours.

Verge Charts january 2018Verge Charts

Currently, the price of Verge is falling down, it decreased 15% within past 24 hours and 30% during past 7 days, having moved the coin to the 26th place in the list of coins ranked by market capitalization.

At the moment of press, these are main market parameters of Verge:

  • Average price: $0,092518
  • Marketcap: $1 341 606 868
  • 24h volume: $83 587 200