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Verge

XVG

  • Digital Currency
  • PoW
Established Year
2016
Operating Status
Active
Verge is a digital currency designed for people and everyday use. It builds on the original Bitcoin blockchain and aims to provide individuals and businesses with a fast, efficient, and decentralized way of making direct transactions.

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Frequently Asked Questions

What Is Verge (XVG)?

Verge is a privacy-focused [cryptocurrency](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies) and [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) that seeks to offer a fast, efficient, decentralized payments network that improves upon the original [Bitcoin](https://coinmarketcap.com/currencies/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](https://bitcointalk.org/index.php?topic=817937.0) in October 2014 as DogeCoinDark, a fork of [Peercoin](https://www.coinlive.com/coin/peercoin) (PPC). In February 2016, it was [renamed](https://bitcointalk.org/index.php?topic=1365894.0) Verge in order to [rebrand](https://medium.com/vergecurrency/verge-currencies-xvg-new-branding-7b8c23a4e7e4) for easier mass-market adoption and to distinguish itself from [Dogecoin](https://www.coinlive.com/coin/dogecoin) (DOGE), with which it has no direct connection. The project is now based on the Bitcoin source code.