What is Verge? | What is XVG?

Verge (XVG) is a platform focused on user privacy and anonymity. Transactions made on the Verge network cannot be traced and the transaction processing speed is also superior to other cryptocurrencies. To do that, Verge integrates blockchain technology into services like I2P and Tor to hide all of a user’s personal information like IP and location. In the future, Verge intends to integrate RSK technology to help Verge have smart contract features, while ensuring security for users.
Verge was launched in 2014 after fork from the Dogecoin network. Its original name was DogeCoinDark, until February 2016, it officially changed its name to Verge (XVG).
Features of XVG
Focus on privacy and complete anonymity: Many networks of anonymous platforms (I2P and Tor) are used and the user’s IP address is hidden, so the transaction is completely untraceable.
Fast transaction speed: Compared to other cryptocurrencies, XVG transacts at lightning speed, thanks to simple payment verification technology that reduces average transaction time (5 seconds).
Accepts multiple wallets with multiple operating systems: The revolutionary Android Tor Wallet offers mobile anonymity, which is considered one of the unique features for secure crypto.
Absolute support from the community: Verge is not a private company built by early mining or through an ICO, but thousands of community members will support all of its development and marketing.
Decentralization for open code: Verge has no central control but is decentralized on an open source platform.
Active development team and the contributions of many people: There is always a strong connection between the development team and the community. Therefore, users can easily approach the team to seek support or contribute new ideas to Verge for developers.
Development team
Sunerok: Founder and core developer of Verge. He is an enthusiast of decentralized platforms and open source technology, with over 20 years of experience in network security and 6 years in blockchain.
Sasha (Vice President of Verge): Holds a Master of Science in Economics from Bocconi University and a bachelor’s degree in Business Administration. Sasha has professional experience in information technology, project management, investment banking and financial modeling.
Cees van Dam: Has many years of experience in the field of Social Media and is the main manager of the social networking site Facebook Verge Currency. Cees is a communication facilitator, helping newcomers to the Verge learn about privacy and other topics. At the same time, he is also responsible for recruiting volunteers.
Frank Dashwood: Operator of RadioCrypto.com, owner of the CoinMetal program and one of the original founding members of Verge with 8 years of experience in the crypto space. Frank has been committed to Verge since the very beginning, continuing to be actively involved in and advancing the vision of this crypto.
Conclude
Anonymity and privacy have always been an expensive factor that investors consider and consider carefully in the crypto world. In particular, Verge is considered to have great potential in this regard, despite the age of XVG is still quite young. The outstanding features of XVG are strengths that not all coins have. 2017 is a milestone marking the remarkable rise of this cryptocurrency. That’s all, and we can see great potential and opportunity when investing in XVG.
To date, XVG is still rated as one of the best performing coins in the crypto market thanks to its identity security feature. This is considered the first cryptocurrency to integrate the smart contract feature but still ensure anonymity.
You can see the price of XVG here.
According to AZCoin News
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