Verge (XVG) Cryptocurrency Review

Verge (XVG) Cryptocurrency Review

Verge is a coin focused on giving greater privacy and Fungibility to those that want to use cryptocurrency similar to Bitcoin. Verge’s fork of the bitcoin blockchain improves it by adding privacy-enhancing features. Foremost is the secure utilization of anonymity-centric networks Tor and i2P.

Verge is the remnant of DogecoinDark, a cryptocoin that forked from Dogecoin proper back in 2014. So it’s safe to say Verge isn’t a new kid on the block, as it were.

XVG aims to protect users’ privacy while sustaining an open blockchain, a necessary dynamic for businesses wanting to use a given cryptocurrency.

Furthermore, Verge is in the process of implementing its new Wraith protocol. This protocol will allow users to choose between a public or private distributed ledger at will when transacting – an apparent first-mover functionality for the entire cryptocurrency space.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

The favorite solution for using the coin today is through the Verge Electrum Client. Both Tor and i2P can are used when transacting using Verge’s Electrum clients. Meaning that any personal information related to the transaction will not be leaked to the ISP or other servers that the user is connected to. Including location and IP address. Electrum client includes another opt-in feature wraith that makes even the transaction private. The wallet also has out of the box support for multi-signature. Allowing wallets users to require more than one key to use.

Your best bet with 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.

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