Cryptocurrencies

Text

What currency is XVG? What does XVG coin mean?

Verge (XVG) prioritizes privacy and anonymity in its transactions through techniques like Tor and stealth addresses, making it attractive to privacy-conscious users.

Oct 09, 2024 at 12:24 am

1. What is XVG Currency?

XVG, also known as Verge, is a cryptocurrency that emphasizes privacy and untraceability. It was launched in 2014 under the name DogeCoinDark and rebranded as Verge in 2016.

2. XVG Coin: Features and Privacy

One of the key characteristics of XVG is its focus on anonymous transactions. It employs a combination of techniques, including:

Tor Network: XVG transactions can be routed through the Tor network, which helps to conceal the IP addresses of users and make tracking difficult.
Stealth Addresses: XVG generates unique and disposable addresses for each transaction, enhancing anonymity.
Multi-Algorithm Proof-of-Work: XVG uses multiple hashing algorithms (Scrypt, X11, Lyra2rev2) to make it resistant to specific types of mining hardware and increase its security.

3. XVG Blockchain and Transactions

Like other cryptocurrencies, XVG operates on its own blockchain. Its transactions are recorded on the ledger, but the anonymity features mentioned above make it difficult to trace transactions back to specific individuals. The block time for XVG is approximately 30 seconds.

4. Verge Ecosystem and Adoption

XVG is supported by a growing ecosystem of wallets, exchanges, and other services. It has gained some adoption within specific niches, such as privacy-conscious users and darknet markets.

5. XVG Market Value and Price

The market capitalization of XVG fluctuates based on supply and demand. As of [insert date], the price of XVG is approximately [insert price].

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

BCA

$34.27

4467.95%

Trade Now
ACA

$0.1353

123.55%

Trade Now
CLV

$0.1140

53.96%

Trade Now
OM

$3.31

47.47%

Trade Now
GLMR

$0.2478

36.11%

Trade Now
DOGE

$0.3880

35.54%

Trade Now

Latest Crypto News

Coinbase CEO Brian Armstrong Thinks the New 'DOGE' Government Agency Is an Opportunity to Increase Economic Freedom
2024-11-17 17:50:40
Dogecoin Lawsuit Ends After Appeal Dropped
2024-11-17 16:20:14
Catzilla: The Meme Coin Revolution Begins
2024-11-17 16:20:14
The Cryptocurrency Market is Experiencing Significant Upside Momentum
2024-11-17 18:50:53
Toncoin (TON) Breaks Bullish Pennant, Targets $8.30 as Market Activity Surges
2024-11-17 16:20:14
XYZ (XYZ), the First All-Sports Meme Token, Eyes 33% Price Increase in Coming Days
2024-11-17 16:20:14

Related knowledge

What is ZEC coin? What can ZEC coins do? How to store ZEC coins?

Nov 06,2024 at 10:56pm

What is ZEC Coin?ZEC coin, also known as Zcash, is a privacy-focused cryptocurrency launched in October 2016.It utilizes advanced cryptography techniques to provide users with enhanced levels of transaction anonymity and fungibility.What Can ZEC Coins Do?Private Transactions: Zcash offers two types of transaction options: transparent and shielded. Shiel...

How to buy and trade ZEC coins? Where to buy ZEC coins?

Oct 31,2024 at 10:15pm

Step-by-Step Guide to Buying and Trading ZEC Coins1. Understanding ZEC CoinsZEC coins, also known as Zcash, are a privacy-centric cryptocurrency designed to provide users with enhanced transaction anonymity compared to Bitcoin. Unlike Bitcoin, where transactions are publicly recorded on the blockchain, ZEC uses advanced cryptography to obscure the sende...

ZEC coin issuance price and total issuance volume in one article

Nov 05,2024 at 01:34pm

ZEC Coin Issuance Price and Total Issuance Volume1. Issuance PriceZcash (ZEC) was launched in 2016 with an initial issuance price of $5.50 per coin.2. Total Issuance VolumeZEC has a capped total issuance of 21 million coins.Issuance Schedule:Blocks 1-2.1 million: 50 ZEC per blockBlocks 2.1 million-4.2 million: 37 ZEC per blockBlocks 4.2 million-6.3 mill...

What is the issuance and circulation of ZEC coins?

Nov 04,2024 at 03:33am

What is the issuance and circulation of ZEC coins?IssuanceZEC coins are issued through a process called mining.Miners verify and add new transactions to the Zcash blockchain and are rewarded with ZEC coins.The maximum supply of ZEC coins is capped at 21 million, similar to Bitcoin.Circulating supplyAs of February 2023, the circulating supply of ZEC coin...

On which platform can ZEC coins be purchased? Recommended trading platforms for buying ZEC coins

Nov 10,2024 at 07:04pm

On Which Platform Can ZEC Coins Be Purchased? Recommended Trading Platforms for Buying ZEC Coins1. BinanceBinance is the world's largest cryptocurrency exchange by trading volume. It offers a wide range of cryptocurrencies, including ZEC. Binance has a good reputation for security and reliability.2. CoinbaseCoinbase is a popular cryptocurrency exchange ...

How to buy ZEC coins? How many ways are there to buy ZEC coins?

Nov 09,2024 at 03:19am

How to Buy Zcash (ZEC) CoinsZcash (ZEC) is a privacy-focused cryptocurrency that allows users to make anonymous transactions. While not as well-known as Bitcoin or Ethereum, ZEC offers several advantages, including enhanced privacy and security.As a prospective ZEC investor, understanding the various methods available for purchasing this digital currenc...