Verge (cryptocurrency)

Verge
Verge logo
Denominations
Symbol XVG
Previous names DogeCoinDark
Development
Initial release 2014 (2014)
Website www.vergecurrency.com
Valuation
Market cap $352 669 923 USD (53 831 BTC) [1]

    Verge is a decentralized open-source cryptocurrency that claims to offer anonymous transactions by obfuscating the IP address and geolocation of its users. Transaction are claimed to be untraceable by using technology including Tor and I2P.

    Originally named DogeCoinDark when it was created in 2014, it was rebranded Verge Currency in 2016.

    Verge announced a partnership with the adult entertainment giant MindGeek in April 2018.[2]

    Verge has a transparent ledger that allows anyone to view all of its transactions, but claims to protect user identities and locations by integrating both Tor and I2P to not expose IP addresses.

    Verge is an open source project[3] that leverages the Wraith Protocol, using Tor to encrypt and hide transaction IP addresses.[4]

    References

    1. ↑ "Market Cap". CoinMarketCap. 2018-07-10. Retrieved 7 Oct 2018.
    2. ↑ Morris, Chris (April 17, 2018). "Porn Partnership Pumps This Cryptocurrency Up 22%". Fortune. Retrieved 2018-10-08.
    3. ↑ "vergecurrency/VERGE". GitHub. Retrieved 8 October 2018.
    4. ↑ Jawaheri, Al (2017-06-01). "Tor deanonymization using blockchain transactions". QSpace. Retrieved 7 Oct 2018.
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