Verge (XVG)

According to the Verge website, this coin is designed for everyday use and aims to improve upon the bitcoin blockchain by providing fast, efficient and decentralised transactions while maintaining personal privacy.

Verge (XVG)

Official Website: https://vergecurrency.com/

Key Facts

  • Verge uses multiple anonymity-centric networks such as Tor and I2P. The IP addresses of the users are obfuscated and transactions completely untraceable. This makes it one of the most popular privacy coins.
  • Verge is a rebranding of DogecoinDark, originally created in 2014.
  • Verge is proof of work and open source with a total issuance of 16.5 billion XVG (no pre-mined coins).
  • Verge is one of the easiest coins to mine as it can be done with a Graphics Processing Unit (GPU).
  • Maximum supply of the coins will be reached in approximately 2027.
  • Transaction times are around 5 – 10 seconds.
  • The Wraith Protocol allows users to choose between public and private ledgers on the same blockchain. More details can be found in the Blackpaper.
  • Ongoing developments include a TOR android wallet, I2P android wallet, the introduction of a pool mining guide and RSK smart contracts.

Please share this article to keep us hydrated



Advertisement
Advertisement