Verge Coin: A Cryptocurrency That Strives to Make Blockchain Transactions Anonymous and Untraceable

Published 03 Aug 2021 by Radhika Aggarwal

Table of Content

  1. What is Verge XVG?
  2. What makes Verge Unique?
  3. What is the Verge Coin Prediction in the coming years?
  4. Conclusion

Verge coin is a cryptocurrency that strives to make blockchain transactions anonymous and untraceable. Its native token is known as XVG. One of the project’s other key objectives is to dramatically increase throughput and deliver fast confirmation rates to bring blockchain transactions into everyday life. So today, you will know what it is Verge?

The XVG started in 2014 as DogecoinDark, but its founder wanted to create a truly private cryptocurrency. This is why he decided to build his own blockchain that would not have any transaction traces; this became the foundation for today’s Verge currency and technology.

The idea of Bitcoin is completely anonymous was an issue with many people when it first came out because transactions can be traced back using public information from wallets or chain analysis tools like Blockchain Explorer and BitInfoCharts- which could lead authorities right down your alley if you commit illegal activities on the internet such as drugs trafficking online!

The Verge is a community-driven project which has no ties to any company or foundation. It also clarifies that the team of developers is committed to privacy, anonymity, and decentralization by signing their black paper with usernames only as opposed to real names.

The blockchain manages this level of security for its users by leveraging an unusual technology that can connect them without giving away personal information like IP address etcetera making transactions completely anonymous; all you need is one username to sign up on the network, so your location remains unknown due time connecting through Tor if necessary because there’s no way they’ll know where you’re based out from unless voluntarily providing such info.

Anti-virus software pioneer and crypto enthusiast John McAfee recently made a tweet on Twitter about the Verge project. He said that it was one of his favorite coins to invest in, not only because its price has been going up for years but also because he sees great potential within this coin long term. So I guess you can say that even though some people want him dead, they’re just mad at him!

What is Verge XVG?

In the past, cryptocurrency transactions were not as private and secure as they are today. For example, every time someone made a transaction with anything besides Bitcoin in it like Ethereum or Litecoin, their IP address was revealed to anyone who cared enough about what you’re doing.

The Verge coin is an open-source currency that provides more anonymity than most other coins on the market by hiding your location and personal information from those trying to track down where you’ve been sending money to online using blockchain technology (meaning all of these details can be seen). It also changes how much detail appears when people use this site, so there’s no way for others to find out just how much cash has come into your accounts lately.

Verge is a popular cryptocurrency that has been on an upward trajectory since 2017. The most recent rally saw the coin surge from $0.006 to over $1 in just two months, making it one of the best performing cryptocurrencies of 2018 so far (Bloomberg). In India, XVG can be purchased and traded on different exchanges such as cxihub, WazirX, and other crypto exchanges for as little as 1 rupee per unit.

Verge has been flying high recently as the cryptocurrency markets have grown exponentially. In addition, verge’s unique privacy features make it a popular option for users looking to keep their transactions private and anonymous, which can be an important aspect in some situations, such as making purchases online or banking money internationally.

The ‘Verge’ coin offers many advantages over other cryptocurrencies: lower transaction fees, faster mining and transfer speed, support from most platforms; however, Bitcoin (BTC) remains king with its large market capitalization of $193 billion while Ethereum (ETH) is second at $73 Billion according to CoinMarketCap data on June 30th, 2018 - meanwhile XVG hovers around 17th place at just under 8% of BTCs value!

What makes Verge Unique?

The Verge cryptocurrency is a special coin that you should definitely look into. The strongest feature of this currency is the privacy it offers to its users. By using Wraith Protocol, your transactions are private, and there’s no need for personal information or passwords at any time during use!

The Verge cryptocurrency has many features, but what sets it apart from others on the market today? Privacy- those who want their spending habits kept secret can rest assured with wraith protocol because all transaction data remains confidential without sacrificing high-speed performance like other currencies might do when trying to maintain anonymity in such an important area as financial activity!

Few points make Verge Unique:

  • Verge has a public blockchain, which allows seeing coin distribution, several users, and other statistics while keeping meta transaction data anonymous.
  • With the future implementation of RSK technology, Verge will be the first privacy-focused cryptocurrency with integrated smart contracts functionality.
  • Verge transactions are fast, thanks to 30 seconds blocks.
  • Verge is ready for mass adoption, having developed multiple wallet applications for every OS, both desktop and mobile.
  • Verge is an open-source project driven by a dedicated development team and a strong, talented community.
  • Verge’s maximum supply is fixed and amounts to 16.5 billion coins. Such supply allows for fairer distribution, prevents market - manipulation to a great extent, and makes Verge suitable for regular payments.
  • Verge employs a multi-algorithm on its blockchain, making it possible to mine Verge with different mining devices.
  • Verge did not have a pre-mine, nor was it an ICO.
  • Wraith Protocol will make it possible to easily hide transactions in the private ledger, if necessary while leaving an option of transacting across publicly accessible ledger for those who value transparency and keeping records.

What are Reson to Trade in Verge XVG?

Innovative Privacy Protection

The Verge currency offers a new spin on anonymity by combining TOR and I2P. This is the first time any coin has used both of these technologies, which makes it even more groundbreaking than its competitors–both traditional coins and other privacy-focused cryptocurrencies.

With Wraith Protocol, you will be able to choose how much information you want to share about yourself when making transactions with your Verge wallet; whether that means revealing identifying features such as name or account number or completely concealing them so others cannot see anything at all about who’s sending what money where.

Transparency

The Verge project was created as a collaborative open source project where the developers don’t take any initial coins; they only buy verge XVG with their fiat currency. As a result, the user-sourced code is available for anybody to scrutinize online. This original spirit of openness still thrives today in contrast to other blockchain projects owned by companies or part of an Initial Coin Offering.

This focus on transparency is good for traders because you know that the community will help keep the developers honest, and if you are so inclined, you can view the source code of any product before investing.

High Supply and Low Transaction Costs

The Verge XVG has a ridiculously high supply cap of 16.5 billion coins, much higher than Bitcoin’s measly 21 million coin limit. This large number was deliberately chosen to promote the ability for people to trade without needing big transaction fees like those with BTC currently imposed upon them due to its low amount of max-available coins that can be mined every year and distributed throughout society in their popular app wallets all over the world!

Verge’s huge supply cap means there are plenty more XVG tokens available at an affordable price–perfect if you’re looking for some crypto but don’t want it costing too much money or power on your phone battery by mining cryptocurrency yourself just yet!

Verge is often seen as the most private cryptocurrency in existence with a focus on privacy and security. It also helps to prevent market manipulation by requiring immense amounts of ownership for any single user to impact the market.

What is the Verge Coin Prediction in the coming years?

By the end of 2020, XVG may reach $0.175, a conservative yet thoughtful verge price prediction.

Verge Price Prediction 2021

As the cryptocurrency market begins to stabilize, new coins are beginning to rise. For example, XVG experienced significant growth in January and February as the price of XVG increased from $0.01 by the end of 2020 up to a little over $0.04 by mid-February 2021. As with any volatile crypto asset like this, though, there will be some dips along with rises, so keep an eye out for when it’s your time!

The price has been on an upwards trend since the end of2015. But with the bear market, it is hard to tell what will happen next year when the bull takes over again or if bears prevail and drag prices down significantly below $0.03 before the end of 2020.

Verge Price Prediction 2022

XVG may trade at $0.07 as the year comes to an end, or it might manage to climb on a maximum of $0.10 by 2022’s close date in December

XVG could start the new year with a trading price of about 0.062 and continue that trend for several months before falling again; its expected final price is approximately 0.048 per coin after April 2023 (but not too far away from previous predictions). The bearish outlook predicts XVG will be around only 44 cents, but some predict growth over 100% - reaching 1 cent towards 2020-2021!

Verge Price Prediction after 5 years

The price of XVG may have surged more than 5 times if it becomes popular in the next five years. By 2025, the prices could touch as high as $0.18, but just hovering near $0.11 at this point would be a better prediction for traders and investors alike to take home with them on their predictions board or app-of-choice!

Within the next five years, the price of XVG cryptocurrency is predicted to surge by up over 500% of its present value due to increased adoption rates; however, even still trading around current levels will yield much higher returns should these bulls rally soon enough!

Conclusion

Verge is a cryptocurrency that strives to make blockchain transactions anonymous and untraceable. Its native token is known as XVG. One of the project’s other key objectives is to dramatically increase throughput and deliver fast confirmation rates to bring blockchain transactions into everyday life. Today you will know about what it is Verge? Join us on social media channels or sign up for our newsletter, so we can keep you updated with all things crypto! Stay tuned :)

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