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About XVG

Verge (XVG) is a cryptocurrency launched in 2014. XVG has a current supply of 16.52Bn with 16.52Bn in circulation. The last known price of XVG is 0.00387332923 USD and is -0.000034056842 over the last 24 hours. It is currently trading on active market(s) with $1.73M traded over the last 24 hours. More information can be found at http://vergecurrency.com/.

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Social Media

XVG Price Statistics
XVG’s Price Today
24h Price Change
-$0.0000340568420.87%
24h Volume
$1.73M36.29%
24h Low / 24h High
$0.00585382 / $0.00610749
Volume / Market Cap
0.027084617431
Market Dominance
0.00%
Market Rank
#555
XVG Market Cap
Market Cap
$63.99M
Fully Diluted Market Cap
$63.99M
XVG Price History
7d Low / 7d High
$0.00571514 / $0.00831075
All-Time High
$0.30058801Dec 24, 2017
All-Time Low
$0.00000217Feb 06, 2015
XVG Supply
Circulating Supply
16.52Bn
Total Supply
16.52Bn
Max Supply
0
Updated Oct 31, 2024 1:45 am
image
XVG
Verge
$0.00387332923
$0.000034056842(-0.87%)
Mkt Cap $63.99M
There's nothing here for now

Frequently Asked Questions

  • What Is Verge (XVG)?

    Verge is a privacy-focused cryptocurrency and blockchain that seeks to offer a fast, efficient, decentralized payments network that improves upon the original Bitcoin (BTC) blockchain. It includes additional privacy features including integrating the anonymity network Tor into its wallet, called vergePay, and providing the option of sending transactions to stealth addresses.

    The project describes itself as community-driven, relying on volunteers and priding itself on being open source.

    Verge was first launched in October 2014 as DogeCoinDark, a fork of Peercoin (PPC). In February 2016, it was renamed Verge in order to rebrand for easier mass-market adoption and to distinguish itself from Dogecoin (DOGE), with which it has no direct connection. The project is now based on the Bitcoin source code.

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  • Who Are the Founders of Verge?

    Verge was launched in 2016 by Justin Valo, also known as "Justin Vendetta" or "Sunerok," a developer with over 20 years of experience in network security and nearly a decade in blockchain technology. He first developed the cryptocurrency as a fun passion project to empower individuals around the world with a greater sense of privacy.

    Valo has stated that he has been programming since the age of 8 and became involved in network administration after high school, working for a Fortune 500 company. After a few years, he decided to start his own network security company.

    Valo first became interested in Bitcoin in 2011, later getting involved with Dogecoin after its late 2013 launch. He began working on Verge because he believed that none of the altcoins being developed at the time were adequately functional as digital currencies and that the only other serious privacy coin projects --- Bytecoin (BCN) and Monero (XMR) --- were not sufficient.

    In 2017, Valo was appointed to the advisory board of TokenPay (TPAY), a privacy-focused cryptocurrency.

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  • What Makes Verge Unique?

    According to its "blackpaper," Verge was created as a way to fulfill Bitcoin founder Satoshi Nakamoto's vision of a decentralized, trustless electronic payment system while also providing more privacy than is available with Bitcoin.

    In order to accomplish this goal, Verge relies on a series of key privacy features. It automatically routes all traffic to and from its vergePay wallet through the Tor network, anonymizing the traffic and masking IP addresses. It also offers dual-key stealth addressing, through which senders can create one-time wallet addresses on behalf of recipients to help protect the recipients' privacy, as well as using atomic swaps to power trustless peer-to-peer cross-blockchain transactions.

    Verge seeks mainstream adoption, and as such, the Verge Core team pursues strategic partnerships to increase its awareness and use. It sponsors professional athletes and has partnered with platforms such as payments and rewards ecosystem MobiePay, crypto payments platform and ATM provider MeconCash, and blockchain-based online gambling platform Crazy8Token, among others.

    The Verge Core team often relies on crowdfunding and community support to be able to scale, market and pursue partnerships. In April 2018, the project raised 75 million XVG (approximately $7 million at the time) to cover the costs of integrating with a major payments processor.

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  • How Many Verge (XVG) Coins Are There in Circulation?

    The total maximum supply of Verge is capped at 16.5 billion XVG. According to Verge, the supply cap is intentionally high as a way to ensure that the value of each individual token remains low, allowing users to avoid fractional payments. It also makes it more difficult for any one individual to take control of a large number of XVG in order to manipulate markets.

    The cryptocurrency did not have an initial coin offering, nor was there any premining of tokens. As such, the Verge development team has said it does not hold a significant amount of XVG. Rather, all currently circulating XVG was introduced through the Verge blockchain's proof-of-work mining process, which is multialgorithmic and supports Scrypt, X17, Lyra2rev2, Myr-groestl and Blake2s.

    Verge undergoes a periodic halving event that reduces the amount of XVG miners receive as a block reward by 50%. Under the current emission schedule, rewards are halved every 500,000 blocks.

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  • How Is the Verge Network Secured?

    The Verge network is secured through a proof-of-work consensus algorithm similar to that of Bitcoin, on which Verge's code is based. At least 51% of all full nodes in the network must agree that a transaction is valid in order for it to be added to the blockchain, and new blocks are created through the mining process, in which users compete among one another to solve complex, energy-intensive problems. However, unlike Bitcoin, Verge supports five different mining algorithms. According to the development team, this makes the network more secure, as more people are able to participate in the mining process.

    In April 2018, Verge suffered an attack on its network that used an exploit related to the Scrypt mining algorithm to instamine a reported 20 million XVG. In response, the project initiated a hard fork to patch the issue. While it was widely referred to as a 51% attack, founder and lead developer Valo denied this, saying it was actually a timewarp attack, which involves manipulating block timestamps in order to reduce mining difficulty.

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  • Where Can You Buy Verge (XVG)?

    XVG is available to purchase on many exchanges including Binance, HitBTC, Bittrex and Huobi Global. It can be traded against fiat currencies such as the U.S. dollar and the euro, cryptocurrencies such as Bitcoin and Ether (ETH), and the stablecoin Tether (USDT)

    Are you interested in buying XVG or other cryptocurrencies such as Bitcoin? CoinMarketCap has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins.

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  • What is the all-time high price of Verge (XVG)?

    The all-time high of XVG was 0.30058801 USD on 2017-12-24, from which the coin is now down 98.71141592440763%. The all-time high price of Verge (XVG) is 0.30058801. The current price of XVG is down 98.71141592440763% from its all-time high.

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  • How much Verge (XVG) is there in circulation?

    As of , there is currently 16.52Bn XVG in circulation. XVG has a maximum supply of 0.

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  • What is the market cap of Verge (XVG)?

    The current market cap of XVG is 63.99M. It is calculated by multiplying the current supply of XVG by its real-time market price of 0.00387332923.

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  • What is the all-time low price of Verge (XVG)?

    The all-time low of XVG was 0.00000217 , from which the coin is now up 178394.43456221197%. The all-time low price of Verge (XVG) is 0.00000217. The current price of XVG is up 178394.43456221197% from its all-time low.

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  • Is Verge (XVG) a good investment?

    Verge (XVG) has a market capitalization of $63.99M and is ranked #555 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Verge (XVG) price trends and patterns to find the best time to purchase XVG.

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