Verge (cryptocurrency)

Verge is a decentralized, open-source cryptocurrency with a focus on anonymous transactions. Verge is represented by the symbol XVG and was forked from DogecoinDark. Verge was created in 2014 as DogeCoinDark and rebranded to Verge Currency in 2016. Verge is supported by partners MindGeek, Netcents, TokenPay, Zomongo, Plank, Paycent, ExcelTrip, and ExcelPay.

The Verge cryptocurrency was created in 2016 by a team of 16 programmers whose names are still unknown. Its creators call security the main feature of cryptocurrency. The Wraith protocol allows token holders to store transactions in an open or closed form, while they enter the blockchain using Tor technology, which does not allow the real address of the sender to be calculated. In addition, all data in the Verge network is mixed and after that it is written to the blockchain. Notable Vendors accepting Verge according to the Verge website include: Pornhub, Brazzers, Nutaku, Gangja.com, Crypoto Whale Clothing, TrafficJunky, PexPeppers, Fractal Visuals, and EastSide Traders.

The Verge cryptocurrency uses multiple anonymity-centric networks, like I2P and TOR, to obfuscate and make users transactions on its platform untraceable. The Verge cryptocurrency can be held within the Core QT crtyptocurrency wallet which has built in SSL encryption and TOR for privacy and security. The Verge cryptocurrency is using Dual-Key Stealth Addressing, and is working on Ring Confidential Transactions, to ensure users transactions are private and safe. An attack on the Verge blockchain occurred in April 2018, with differing reports on the success and scale of the exploit.

The Verge cryptocurrency was created in 2016 by a team of 16 programmers whose names are still unknown. Its creators call security the main feature of cryptocurrency. The Wraith protocol allows token holders to store transactions in an open or closed form, while they enter the blockchain using Tor technology, which does not allow the real address of the sender to be calculated. In addition, all data in the Verge network is mixed and after that it is written to the blockchain.

Verge's encryption process uses multiple anonymity-focused networks such as I2P and TOR, making user transactions on its platform cluttered and untraceable. With built-in SSL and TOR encryption, edge encryption can be stored in QT's core encryption package for privacy and security. Edge encryption time potentially uses dual-key addressing and circular confidential transactions to ensure the privacy and security of user transactions.