Verge (XVG) is a privacy-focused cryptocurrency originally launched in 2014 as DogeCoinDark and rebranded to Verge in 2016, specifically designed to provide fast, secure, and truly anonymous transactions through advanced privacy protocols. It integrates Tor and I2P for complete IP obfuscation, stealth addresses for unlinkable transactions, and ring signatures for enhanced anonymity, while supporting multiple proof-of-work algorithms (including Scrypt, X17, Lyra2rev2, Myr-Groestl, and Blake2s) to prevent mining centralization and ASIC dominance. Verge enables instant, low-fee transactions suitable for everyday payments and microtransactions, with XVG used for private transfers, staking in supported wallets, and community governance in a lightweight, privacy-centric network.
When Did Verge Launch?
Verge was originally launched in 2014 by founder Sunny King under the name DogeCoinDark, rebranded to Verge in 2016 with a new development team and focus on privacy features. The project gained significant attention in 2017-2018 with Tor integration and partnerships, followed by ongoing updates including mobile wallet improvements and additional privacy enhancements in 2024-2025, maintaining active development and community support by December 2025.
What Are the Key Features of Verge?
Verge offers multi-algorithm mining (Scrypt, X17, Lyra2rev2, Myr-Groestl, Blake2s) for true mining decentralization and ASIC resistance, Tor and I2P network integration for complete IP anonymity, stealth addresses and ring signatures for untraceable transactions, instant transaction capabilities with minimal fees, mobile wallet support with Tor routing for on-the-go privacy, audited privacy enhancements, and community governance for protocol decisions, positioning it as one of the longest-standing privacy coins with a focus on practical, everyday anonymous payments.
What Is XVG Used For?
XVG is used for conducting private and instant peer-to-peer transactions with full anonymity, staking in supported wallets or pools to earn rewards, providing
liquidity on exchanges for trading volume and yields, participating in community governance and proposal voting, and accessing privacy-focused services and features within the Verge ecosystem.
What Is the XVG Token Utility?
XVG enables fully anonymous and untraceable transactions through integrated privacy protocols, secures the network through multi-algorithm mining and potential
staking, supports community governance for protocol decisions and development direction, captures value through network usage and transaction fees, and incentivizes long-term holding and participation through reward mechanisms in a privacy-first cryptocurrency ecosystem.
What Blockchain Does Verge Operate On?
Verge operates on its own independent
Layer-1 blockchain with
proof-of-work consensus using five different mining algorithms, designed specifically to maximize decentralization and resistance to
mining centralization while maintaining high transaction throughput and security through its long chain history.
What Are XVG Tokenomics?
XVG has a maximum supply capped at 16.5 billion tokens to promote long-term scarcity, with approximately 16.5 billion tokens in circulation as of December 2025 due to the fixed emission schedule completed through mining rewards. The allocation is entirely through mining rewards distributed across five algorithms, with no pre-mine,
ICO, founder rewards, or ongoing inflation beyond the initial distribution, resulting in a completely fair launch and focus on scarcity through fixed supply.