Verge to Hold AMA on X on August 29th

Verge will host an AMA on X on August 29th at 15:00 UTC, during which the team intends to discuss recent technical developments, forthcoming roadmap items and broader blockchain topics.

XVG Info

Verge (XVG) is a cryptocurrency project that aims to provide privacy and anonymity in transactions.

Verge utilizes several technologies to ensure transaction anonymity. One of the key technologies it employs is Tor (The Onion Router), a network that provides user anonymity by routing their traffic through a series of proxy servers. Additionally, Verge utilizes I2P technology to further encrypt user data and enhance anonymity.

Verge uses a consensus mechanism called Multi-Algo PoW (Proof-of-Work) and uses five types of mining algorithms: Scrypt, X17, Blake2s, Groestl, and Lyra2rev2, making it more resistant to attacks.

XVG is a native token of the Verge cryptocurrency network that provides functionality within the Verge ecosystem. XVG is used as a medium of exchange within the network and as a means of rewarding miners who keep the network running.