About Verge (XVG)
Verge (XVG) is an open-source blockchain network and cryptocurrency designed to provide users with the ability to send or receive value with a high degree of privacy. It aims to offer completely anonymous cryptocurrency transactions by obfuscating sender and receiver details, including IP and location data.
First launched in 2014 as a fork of Peercoin, called DogeCoinDark, Verge rebranded in 2016. The rebrand was decided upon to distinguish the platform and its associated coin, from DogeCoin, to which it claims no relation or connection.
While the start of the Verge blockchain project was made possible by a fork of Peercoin originally, the Verge community now asserts the source code for Bitcoin as being the project’s code base.
Unlike other privacy coins or blockchain projects that focus on anonymity, Verge integrates a number of features designed to remove sender and receiver information both on-chain and off-chain.
The Onion Router (TOR) technology is integrated into Verge wallets, providing anonymity at the application layer, in addition to blockchain-based transaction obfuscation. Verge also supports stealth addresses and atomic swaps.
Verge provides users with anonymity through the use of anonymity-focused projects and platforms that include TOR and the Invisible Internet Project (I2P). Moreover, the Verge ledger is public, which makes it possible to view transaction information (but not information related to senders or receivers). XVG price is updated and available in real-time on Binance.