XVG

Verge

Layer 1PrivacyProof of work

Price
$0.002154
24h
−1.5%
7d
−13.7%
Market cap
$35.6M
24h volume
$352.7K
Report

Verge (XVG) is a smart-contract platform and privacy coin. It launched in October 2014. 16.5B are in circulation, with no maximum. It ranks 577th by market capitalisation among the coins tracked here.

Verge coin started its cryptocurrency journey in 2014, going by the name of DogecoinDark. The reason it was created was to create a truly private cryptocurrency. The founder of Verge felt that Bitcoin wasn’t anonymous, so he decided to build a new blockchain where transactions could not be traced. Verge uses multiple anonymity-centric networks such as TOR and I2P. The IP addresses of the users are fully obfuscated. The Core QT wallet has built-in TOR integration as well as SSL encryption which adds an extra level of security.

Verge is an open source project with an active team of developers from all over the world. The development team is always in close contact with the community. Verge is not a private company funded through an ICO or premining. Wraith Protocol is a technology upgrade package that enables our users to be able to send and receive payments privately across our blockchain by enabling stealth addressing services. Additionally this update removes our QT wallet users off of clearnet and migrates everyone to SSL enabled Tor.

Verge focuses on security and maintaining user anonymity just like Monero; so that is its latent upside.

Verge's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
16.5B
Total supply
16.6B
Max supply
No cap

Supply as of 22h ago