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Bittime - Verge (XVG) is a privacy-focused cryptocurrency and offers a fast, efficient and secure decentralized payment network. Launched in 2014, Verge aims to improve the Bitcoin (BTC) blockchain with additional privacy features and better scalability.
What is Verge (XVG)?
Verge is a cryptocurrency designed for anonymous and secure transactions. It uses the same blockchain technology as Bitcoin, but with some additional features to increase privacy. Verge allows users to send and receive coins anonymously, and also offers features such as stealth addresses and Tor integration for increased privacy.
Verge (XVG) Key Products & Features
- VergePay: The official Verge wallet available for desktop, Android, and iOS.
- Stealth Addresses: Unique, randomly generated addresses for each transaction, increasing privacy and security.
- Tor Integration: Support for the Tor network, allowing users to obfuscate their IP addresses and increase privacy.
- Wraith Protocol: Privacy technology that allows users to choose the desired level of privacy for their transactions.
- Atomic Swaps: Direct cryptocurrency exchange without the need for a centralized exchange.
Also read: Complete review of RippleNet: Decentralized Network for Financial Institutions
What is XVG?
XVG is the native token of the Verge blockchain. XVG is used for:
- Perform transactions on the Verge network.
- Pay network fees.
- Mining the new XVG coin.
- Participate in Verge governance.
XVG Token Token
- Total Supply: 16,521,951,238 XVG
- Circulating Supply: 16,521,951,238 XVG
- Mining Algorithm: Scrypt
- Market Cap: IDR 1,115,068,272,098 (as of February 2024)
Also read:
How to Buy DAR | How to Buy SOL |
How to Buy BTC | How to Buy USDT |
How to Buy ETH | How to Buy MATIC |
Verge (XVG) Fundamental Analysis
- Technology: Verge uses proven and tested blockchain technology.
- Team: The Verge team consists of experienced and professional developers.
- Community: Verge has an active and fast-growing community.
- Adoption: Verge has been adopted by several online merchants and services.
Comparison of Verge (XVG) & Competitors:
Feature | Verge (XVG) | Monero (XMR) | Zcash (ZEC) |
Mining Algorithms | Scrypt | RandomX | Equihash |
Transaction Size | 42 KB | 144 KB | 2KB |
Transaction Time | 5 seconds | 20 seconds | 2 minutes |
Privacy | Stealth addresses, Tor integration | Ring signatures | zk-SNARKs |
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Founder & Verge Team (XVG)
- Justin Valo: Founder and CEO of Verge
Expert Opinion About Verge (XVG)
Expert opinions on Verge are mixed. Some experts believe that Verge has great potential because of its focus on privacy and scalability. Other experts argue that Verge faces stiff competition from other privacy cryptocurrencies.
Conclusion
Verge is a privacy-focused cryptocurrency with some interesting features. Verge has an experienced team and active community, but also faces stiff competition from other privacy cryptocurrencies.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements for Bitcoin (BTC), Ethereum (ETH ), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
MATIC and Polygon: Unique Ecosystems that Appeal to Developers
What is Biconomy (BICO): Solution to Make Web3 Access Easier
What Is Decred (DCR): A Sustainable and Decentralized Blockchain Solution
Understanding Chainlink (LINK): How Does This Project Shape the Future of Blockchain?
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