Verge (XVG) Cryptocurrency Review – Just Another Crypto?

The digital currency verge (XVG) started trading in October 2014 and is, therefore, one of the older anonymous coins in the market. However, when the cryptocurrency first launched, it was called DogeCoinDark. DogeCoinDark goal is to make a fun anonymous Dogecoin-based digital currency. Specifically including enhanced privacy features such as i2p. In February 2016, the team behind DogeCoinDark decided to rebrand the coin. Under the name Verge (still used today) they continue to work on improving the cryptocurrency.

Verge is a coin dedicated to providing greater privacy and Fungibility to people that are looking to utilize cryptocurrency similar to Bitcoin. Verge’s fork of the bitcoin blockchain improves it by adding privacy-enhancing capabilities. Foremost is the protected usage of anonymity-centric networks Tor and i2P.

XVG Intends to safeguard users’ privacy when keeping an open Blockchain, a essential dynamic for businesses wanting to utilize a given cryptocurrency.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

What’s more, Verge is currently in the process of implementing its fresh Wraith protocol. This protocol allows users to choose between a public or private dispersed ledger at will once transacting — an obvious first-mover performance for the entire cryptocurrency space.

The favorite solution for utilizing the coin today is via this Verge Electrum Client. Both Tor and i2P may are used when compared with Verge’s Electrum customers. Meaning that any private information about the trade will not be discharged to your ISP or other servers which the user is connected to. Including place and IP address. Electrum client includes a different opt-in feature wraith which makes even the trade private. The wallet also has out of the box support for multi-signature. Allowing wallets consumers to require more than one key to utilize.

Your very best bet using Verge is to keep an eye on it. It’s not the sexiest Project ever right now, but let’s see how they continue development in The months ahead.