XVG
VergeUSD 0.00400232
as of 2024-10-15 16:40:02 UTC
What
What is Verge (XVG)?
XVG, also known as Verge, is a decentralized cryptocurrency that focuses on privacy and anonymity for its users. Verge aims to offer its users a secure and untraceable way to make transactions online, without revealing their identity or transaction details.
Verge utilizes various privacy-focused technologies such as the TOR network, I2P, and other anonymizing methods to protect user identities and transactions. Verge uses the Proof-of-Work consensus algorithm, similar to Bitcoin, which rewards users for mining new blocks and validating transactions on the network.
Verge's native cryptocurrency is also called XVG, and it can be used as a means of payment for goods and services or traded on various cryptocurrency exchanges.
Why
Why was Verge (XVG) invented?
XVG, or Verge, was created to address the need for privacy and anonymity in cryptocurrency transactions. The founders of Verge believed that the transparency of most cryptocurrencies, including Bitcoin, left users vulnerable to surveillance, censorship, and other forms of interference by governments, corporations, or other third parties.
Verge was designed to offer a higher level of privacy and security than other cryptocurrencies by integrating advanced privacy technologies into its blockchain. Verge uses a combination of anonymity networks, such as TOR and I2P, as well as other technologies like the Wraith Protocol, to obscure user identities and transaction details.
The goal of Verge is to provide users with a secure and private way to conduct transactions online without the risk of third-party interference. By prioritizing privacy and anonymity, Verge aims to make cryptocurrency accessible to a wider audience, including individuals and organizations that value privacy and security in their financial transactions.
Who
Who created Verge (XVG)?
XVG, or Verge, was created by an anonymous developer or group of developers under the pseudonym "Sunerok." The identity of the person or team behind Verge is not publicly known, as they have chosen to remain anonymous.
Verge was originally launched in 2014 under the name DogeCoinDark, and it was rebranded as Verge in 2016. The development team has since grown, and there are now several contributors to the project.
Verge is an open-source project, meaning that the code is publicly available and anyone can contribute to its development. The Verge community is also actively involved in the project's development, with members providing feedback, bug reports, and contributing to the development of new features and technologies.
When
When was Verge (XVG) launched?
2014-10-09
Where
Where can you buy/invest in Verge (XVG)?