Verge (XVG) is a cryptocurrency having its main priority being the privacy of payments and its users.
Verge is written via the source code of the Bitcoin network. The main difference of XVG is that it uses TOR, i2P networks, and RingCT protocol for end-to-end encryption and IP changes. This ensures complete confidentiality and anonymity for transactions.
Verge (XVG) was conceived for everyday use. It aims to allow individuals and businesses to have a fast, inexpensive, and fully decentralized way to make direct transactions while respecting the anonymity of both parties. The goal is also to be flexible thanks to the option to choose anonymity or not. Payments can be made on a large scale between merchants or more restrictive and private small scale, everyone finds their own account.
In its essence, Verge is a more confidential version of Bitcoin. There is a skeleton in the BTC cupboard as well, and all transactions are recorded in a special log. Bitcoin does not protect users’ transfer history, leaving it possible to view the transactions of any wallet. This is, of course, a huge disadvantage for cryptocurrency. Verge does not have such a problem.
Verge was launched in 2014 under the name of DogeCoinDark. In February 2016, creative managers changed the cryptocurrency’s name to Verge. It is aimed at combining the best characteristics of Bitcoin and the anonymity of DASH and Monero coins. The peculiarity of the coin is the speed of creating new blocks which takes only 30 seconds.
Verge is one of the most anonymous cryptocurrencies. The network uses 5 algorithms for security: Scrypt, X17, Lyra2rev2, myr-groestl and blake2s. It also uses several networks with anonymity, such as TOR and I2P.
The Verge cryptocurrency ensures transaction privacy. This is its main advantage. But apart from that, Verge is a fully decentralized system. And Verge also has a relationship with its community. The community is Verge’s mainstay. Expanding their community, developers are integrating a multilingual environment into their own services, as well as external social media pages on various levels. Any user can send his idea to the developers, and his message will be considered. Verge’s technical support is also at a high level.
According to the latest data collected, the current rate of the Verge is $0.003, and BTC itself is now ranked 358th in the entire crypto ecosystem.
CoinArbitrageBot believes that at the end of 2025 the rate could easily jump to the level of $0.084298.
According to Technewsleader`s XVG price prediction, the average Verge (XVG) rate will be $0.011 by 2025, while the maximum Verge price could be as high as $0.013. Both PricePrediction and TradingBeasts predict the Verge market will grow in 2025, resulting in a price of $0.00604 and $0.009449 by the end of the year, respectively. WalletInvestor predicts that Verge will reach $0.006326 by December 2025. For example, ICX Price Prediction for 2025 by the same PricePrediction service also shows the growth of ICX fees to $11.
Verge has huge prospects in the cryptocurrency market. Verge does not introduce new technologies which is one of the significant disadvantages. It uses the usual trump cards of cryptocurrencies such as privacy, security, decentralization, etc. Only cryptocurrencies that offer some revolutionary solutions can get into the top 10. XVG does not have such a thing at its disposal. The maximum is the approach to the community, which Verge has really decent. The cryptocurrency market is known to be highly volatile, which is one of the many reasons why predicting prices is difficult. If you intend to keep the coin for a long time, it is certainly a wise purchase.