Verge (XVG) is an open-source cryptocurrency that was created in 2014. It is based on Bitcoin’s blockchain and is designed to provide anonymous transactions. The main difference between Verge and Bitcoin is that Verge uses multiple anonymity-centric networks such as TOR and I2P to make transactions and hide user IP addresses.
Verge was the first cryptocurrency to implement the Wraith Protocol, which allows users to switch between public and private ledgers on the Verge blockchain. This gives users the ability to choose between a transparent blockchain (public ledger) and an obfuscated blockchain (private ledger).
The Verge team is focused on developing a secure and user-friendly platform for everyday transactions. The Verge wallet is available for desktop, iOS, and Android devices and is secured with multi-signature technology. Verge also allows users to send and receive payments with low transaction fees and high speeds (as fast as 30 seconds).
Verge is also a great choice for merchants, as it enables them to accept payments in XVG with the help of an easy to integrate payment gateway. Verge has been adopted by several online stores, including Pornhub and Traffic Junky.
Verge is an exciting cryptocurrency with a lot of potential. It is well-positioned to become one of the leading digital currencies in the near future.