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Verge (cryptocurrency)

Verge is a decentralized open-source cryptocurrency that claims to offer anonymous transactions by obfuscating the IP address and geolocation of its users. Transaction are claimed to be untraceable by using technology including Tor and I2P.

Verge
Verge logo
Denominations
SymbolXVG
Previous namesDogeCoinDark
Development
Initial release2014; 4 years ago (2014)
Websitewww.vergecurrency.com
Valuation
Market cap$126 790 288 USD (29 954 BTC) [1]

Originally named DogeCoinDark when it was created in 2014, it was rebranded Verge Currency in 2016.

Verge announced a partnership with the online pornography provider MindGeek in April 2018.[2]

Verge has a transparent ledger that allows anyone to view all of its transactions, but claims to protect user identities and locations by integrating both Tor and I2P to not expose IP addresses.

Verge is an open source project[3] that leverages the Wraith Protocol, using Tor to encrypt and hide transaction IP addresses.[4]

ReferencesEdit

  1. ^ "Market Cap". CoinMarketCap. 2018-11-29. Retrieved 29 Nov 2018.
  2. ^ Morris, Chris (April 17, 2018). "Porn Partnership Pumps This Cryptocurrency Up 22%". Fortune. Retrieved 2018-10-08.
  3. ^ "vergecurrency/VERGE". GitHub. Retrieved 8 October 2018.
  4. ^ Jawaheri, Al (2017-06-01). "Tor deanonymization using blockchain transactions". QSpace. Retrieved 7 Oct 2018.