Verge opinions
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So far,1 of opinions have been recorded for Verge. These opinions are not investment recommendations but the community's perspective on Verge. Please do not make a purchase decision based on these Verge opinions.
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Verge opinion #1
Verge (XVG) is a privacy coin published in 2014. To ensure the privacy of the user, the chain uses the Onion network with the Tor protocol in combination with the I2P (Invisible Network Project). The maximum capitalisation is 16.555 billion XVG. The PoW (Proof of Work) is used to maintain consensus. Unlike most other PoW Coins, XVG supports a total of five different hash algorithms:
- Lyra2rev2
- Scrypt
- X17
- blake2s
- myr-groestl
The coin attracted attention with a large-scale advertising campaign, which promised close cooperation with one of the largest porn portals. This was to serve as a catalyst for their goal of general acceptance of this currency. As a result, the price of this currency climbed several tens of times during the hype phase of 2017. After the hype, the price fell to the initial price level.
As a Value of Exchange, it is nevertheless recommended and can be traded at the largest crypto exchanges, despite progressive regulations on crypto currencies.