Verge (XVG)

Verge is a secure and decentralized P2P electronic payment system which is designed for sending transactions privately. Verge has a public ledger similar to Bitcoin, but unlike Bitcoin you won’t be able to see the public addresses of the transactions that are conducted. This privacy is achieved using the Tor (The Onion Router) and I2P (Invisible Internet Project) technologies to hide the IP addresses of users. Verge was originally known as DogeCoinDark, and then rebranded to Verge in 2016. The creators of Verge wanted this coin to be thought of as a legitimate form of currency, not just a way to pay for illicit items.

Verge’s development is community-driven. Much of the development is done on a voluntary basis by various developers. More information on the team can be found here. For more information on Verge’s technology, team and what the future holds, see “What is Verge” and their blackpaper (what Verge calls their whitepaper). This blog post is also a great analysis and is worth looking at.

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