Verge is a secure and anonymous cryptocurrency, built with a focus on privacy
What is Verge (XVG)?
Verge is a cryptocurrency focused on privacy and aims to keep transactions anonymous and untraceable while enabling for high throughput and fast confirmation times. Verge offers a layer of privacy not made use of by almost other cryptocurrencies. by accepting many other mining algorithms, It gives advanced security to solve its “Proof of Work” problem and receive the block reward, making it harder for mining pools to grow to impose sizes and conduct a “51% attack.”
Verge (XVG): History
Verge originally began from the altcoin DogeCoinDark, founded in October 2014, before being rebranded as verge in 2016. The original coin offered improvements in both speed of transaction and maintaining the anonymity of its user with a block time of 30 seconds and by running all their nodes on the TOR network. It first announced in May 2015 on a bitcointalk.org thread that the coin was going to be rebranded.
In February 2016, a new bitcointalk thread started for the project under the name Verge. Then the coin re-brand team collaborated extensively with the cryptocurrency community and its users, getting listings on a wide variety of exchanges, collecting support from the Electrum wallet team, and working for integrating itself with various vendors on a worldwide scale.
How Does Verge (XVG) Work?
Verge is a multi-algorithm proof of work coin, which means that it is mined like bitcoin, but it uses a variety of mining algorithms to more enhance the security of its network. Verge applies the use of “stealth addresses” which mask the details of senders and recipients at the time of transactions. Verge features block times of 30 seconds, which are twice as fast as Dogecoins. This allows it to conduct transactions with an average speed of 5-10 seconds, when compared to several minutes or hours, like those found in bitcoin’s 10-minute blocks. Short block and transaction times mean a greater capacity for transactions per second, which means the network has a huge capacity for transaction data, which would ease worries of strain under demand and adjustment to scale.
How to Buy Verge (XVG)?
First of all, you need to set up a Verge wallet to store your coins. Then create a password for the wallet so that nobody can access your coins without your permission. Then buy ethereum by using Coinbase. Then trade it for Verge.
Verge (XVG) Price Prediction 2018
XVG can be a profitable investment option. Verge price equal to 0.080043 USD at 2018-02-19. If you buy Verge for 100 dollars today, you will get a total of 1249.336 XVG. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-17 is 0.265 US Dollars. With a 5-year investment, the revenue is expected to be around +230.51%. Your current $100 investment may be up to $330.51 in 2022. Verge (XVG) price today is $0.079149 and have the current supply of 14,612,852,372 XVG. The market cap value is $1,156,592,652 and the volume is marked as $102,653,000. Verge price prediction, Verge price forecast, Verge price and news, XVG price forecast, XVG price prediction 2018, What is the price of Verge 2018.