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What is Verge all about
Verge is another privacy-focused cryptocurrency which provides users with a Bitcoin-like blockchain experience while introducing some novel security and privacy features. Created back in 2014 as DogeCoinDark, the cryptocurrency and blockchain platform rebranded to Verge two years later.
A key feature of Verge is its integration of the privacy-focused software and network Tor in order to shield users' identities and geographic locations, while also making use of stealth transactions to provide a way to anonymously send and receive Verge.
At the same time, the Verge blockchain is public like that of Bitcoin, meaning that any user can see how much Verge is held in an address. Addresses are designed to be pseudo-anonymous though and the utility of stealth and anonymous transactions adds further layers to the privacy-centric focus of the blockchain.
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XVG Questions & Answers
What is the current price of Verge?
Current price of Verge is 0.00500754 EUR.
What was the price of Verge at its highest?
We saw the highest spike in the price of Verge on 2017-12-24, when it was at 0.22 EUR.
Is Verge expected to increase in value 30 days from now?
According to our short term price prediction, we suspect that Verge's price is likely going to reach between €0 and €0.00313318 in one month time.
Is Verge going to be worth more in 3 months time?
On the basis of our price prediction we expect that the cost of Verge is likely going to reach between €0 and €0.00313318 in three months.
What is the price of Verge going to be half year from now?
Long term forecast is very difficult, however using our short term prediction we suspect Verge's price will be between €0 and €0.00313318 in six months.
What is the online popularity of Verge?
55443 users participated via Reddit, in an online discussion about Verge in the last 2 days. Verge's official Twitter profile currently is followed by 334264 people.
Why is the supply of Verge so big?
The supply of XVG is finite, with 16.5 billion Verge tokens set to be mined in its future. The team intends for XVG to be used for everyday transactions and sees the convenience in dealing with single digits as opposed to decimals, like when you pay 0.00032 BTC at an everyday vendor for example.
Can Verge transactions be traced?
Given that Verge’s blockchain is public, it is possible to see the amount of XVG held by any given address. But the integration of Tor and I2P encrypt network traffic so that a user's IP address and data cannot be accessed.
Does Verge have Masternodes?
Verge does not make use of Masternodes to secure its network as it sees their use as a centralizing force which can be targeted by malicious actors. A DDOS attack on a Masternode of a blockchain could hamper the performance of the network and even cause it to crash.
Was there a Verge token premine?
The Verge development team did not carry out a premine of XVG tokens like many other new cryptocurrency and blockchain have in the past. The development and contributors, like the rest of the Verge community, have to purchase or mine tokens.
10 days Verge price forecast
Long term Verge price prediction