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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
15,776,369,544Scrypt, X17, Lyra2rev2, myr-groestl and blake2shttps://github.com/vergecurrenhttps://vergecurrency.com/COIN

2014 saw the birth of Dogecoin Dark, a fork of Peercoin, itself an early fork of Bitcoin; in 2016, it was rebranded to Verge Currency. Verge improves upon the original Bitcoin blockchain with the aim to fulfill its initial purpose; that of providing individuals and businesses with a fast, efficient and decentralized way of everyday transacting while maintaining your privacy. What is the Verge Currency Mission? Verge Currency aims to empower people around the globe by bringing blockchain transactions into everyday life and makes it possible for people to engage in transactions quickly, efficiently and privately. With Verge Currency, businesses and individuals now have flexible options for sending and receiving payments. Is Verge Currency a private company and how is it funded? Following in the spirit of Bitcoin, Verge is an open-source software, and a community. It is not a company, never had an ICO, nor premine. The development is entirely funded by the community and the developers. WHY VERGE The way that Bitcoin functions, has severe flaws with regards to privacy: - Public Ledger: The transaction information is public, meaning, that transactions can be linked to a person - IP Leakage: A persistent and motivated attacker will be able to associate your IP address with your Bitcoin transaction Due to the above mentioned reasons, it was clear that there would be a need for a privacy coin. Several coins with the similar idea have been created at the time but they were ‘too private’ in the sense that they completely by-passed the public ledger. The public ledger allows merchants to provide proof of transactions, which is important for bookkeeping. Enter Verge a currency which makes it possible to make private transactions, on a public ledger. Thereby giving every user, the level of privacy they choose.

  • The Latest Rating

Verge - Analysis & Research report - CoinCheckup.com

Algo. score rating 4.1/5 (#40) 100% Open channels 86% Team Strength 98% Product Strength 90% GitHub Activity 77% Coin strength 100% Brand awareness See attached PDF Analysis & Research report for more details.

Verge Rating Report

Verge is a payment cryptocurrency based on scrypt and x17 algorithms. It was developed upon Bitcoin’s infrastructure, and its ledger focuses on user’s privacy protection. However, the project was hacked recently, and a large amount of tokens was stolen by the hackers. Also, its mining pools were attacked by DDoS. Verge project has certain flaws in algorithms, security, and defence mechanism.
Coin Bureau

Verge: The Privacy Coin using Tor and I2P

Verge is another cryptocurrency that is trying to make its transactions completely private and anonymous. Verge makes its anonymity possible by building its blockchain on top of Tor and I2P services which serve to hide user’s personal data, such as their IP address and geolocation. Verge was originally launched as "Dogecoindark", a fork of PeerCoin. Verge is unique amoung privacy coins that they have a public ledger which lets people observe the network statistics while keeping the transaction Meta data private. They are also one of the few coins that use a combination of different PoW mining algorithms for blockchain consensus. Verge has faced difficulties including allegations of illicit pumps as well as having suffered a mining exploit. This attack was as a result of the unique consensus protocol. There have been some interesting partnerships with the likes of MindGeek being the most prominent. Verge tokens are quite volatile given the technological concerns. However, they do appear to have a relatively strong volume and reasonable volume to market cap ratio.