What is Verge cryptocurrency

By QuintoTrader | Crypto Street | 10 Jul 2019


Verge is   is a  cryptocurrency created on verge blockchain whose transaction takes place from one peer to another without involvement by the government thus is being considered to be decentralized. Verge was mainly created to  enable internet users to hide their IP address while browsing.

  Verge transaction  

Verge transaction takes place on the Verge blockchain Explorer based on verge blocks discovered and timestamp. To view how Verge transaction takes place on the Verge blockchain explorer, simply follow the link below;


Date Launched  

Verge  was first released to the public in 2014 under the name DogecoinDark and later changed its name to Verge in the year 2016   

Founder Of Verge Cryptocurrency  

Verge was  created by Justin Sunerok ,a US based software engineer.  

Process of creating Verge  

Verge  is created through the mining process by aid of GPU, CPU and ASICS hardware in the presence of internet and electricity using the Scrypt ,blake2s X17,Lyra2reV2 and myr-groestl algorithms  .To mine using CPU and GPU, you have to download the software while to mine using ASICS hardware, you have to purchase the hardware .   

Maximum circulation of Verge  

The maximum number of Verge cryptocurrency expected to be in the economy upon completion of its mining process is 16,500,000,000. Unlike bitcoin and other cryptocurrency where it takes a lot of time for a block to get to the blockchain, for verge, 1 block gets to the blockchain after every 30 seconds  

Verge Price  

Currently, 1 Verge  is worth more than $0.007 and its price is expected to increase over the next period of time. Verge is being abbreviated as XVG.

  Converting my Verge to other cryptocurrencies  

To convert your verge to other cryptocurrencies such as bitcoin , you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your Verge to bitcoin


Storing my Verge cryptocurrency

  To store your Verge, you need a Verge wallet or other supported cryptocurrency wallets.You can use , coinpayment or other supported Verge wallets. For the safety of your Verge, you can use offline verge wallet like ledger hardware wallet or verge electrum wallet.  

Transferring my Verge to other Users  

If you want to transfer your Verge to another user, the two of you must have trust on each other. The trust should be the Verge address provided for the receiver while the sender must have the Verge in their account to send to the receiver .For the sender, a blank space to insert receiver address and another blank space to insert amount to send to receiver is indicated .Here is how it looks like;  



Now that you know, i think that it is time for you to start holding Verge . If you feel that i should also hold some for helping you to know more about this cryptocurrency, here is my Verge address ;  


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