- Verge is a well known privacy coin among the cryptocurrency community. Its name is very famous on social media networks (especially Twitter), top-tier publications (like Forbes, Wired, or Fortune), and technologies forums. This coin popularity means that it is legit and will survive for a very long time
- It is a hard fork of Dogecoin, originally named Dogecoin Dark. A short time later it was rebranded as Verge. It inherits and improves some of the most significant features of Dogecoin: fast confirmation time and very low fee. Every transaction on XVG blockchain is confirmed within 5-10 seconds(thanks to Simple Payment Verification (SPV) technology); additionally, the fee that users have to pay for miner is only 0.1 XVG
- Verge is a community-driven project. There were no ICO hosted and pre-mined coin was minted; leading to the fact that no company is working behind and control any funds. Besides, it is open-sourced so the community can verify the source code and conduct the development around this project.
- The maximum supply is capped which means Verge is a inflationary coins
-It is possible for many people and types of devices to mine this coin as Verge is designed to support 5 algorithms including Scrypt, X17, Lyra2rev2, myr-groestl and blake2s. From it, we can infer the reason why it is backed by a very big community.
- Verge can be used to purchase physical goods via Coinpayments service. The number of merchants accepting this service has been increasing day by day
- Its volume is quite high and organic as it is listed on many exchanges including big exchanges such as Binance, Houbi or Hitbtc. It is a sign that this coin price is very hard to manipulate
- Currently, it protects users privacy by creating a stealth address to cover the true their true identities and transaction information. Also, anonymity-centric networks such as TOR and I2P are the technologies that eliminate the traceability of transactions on XVG blockchain More privacy features will be implemented in the future
- They are known to establish partnerships with big corporations such as Pornhub