I want to feature today the Verge currency. It is up today by +16.11%.
Verge describes itself as a cryptocurrency "built with a focus on privacy" and "Completely anonymous and privacy-focused". The latter claim is especially strong, yet the technology employed does not seem to be best-in-class to meet this claim. Verge transactions are executed over Tor or I2P in order to theoretically achieve good network-layer privacy, and optionally allows users to execute transactions using the 'Wraith protocol' (see the 'Black Paper'). The Wraith protocol appears to execute transactions using stealth addresses, which is a privacy improvement, but cannot be said to make transactions 'completely anonymous'. Other techniques such as Cryptonote ring signatures and ZKsnarks offer more complete blockchain-level privacy.
Verge was originally released as 'DogeCoinDark' in 2014 and was subsequently rebranded to 'Verge' in 2016.
Verge supply is capped at 16.5 Billion XVG, which is projected to be fully issued by 2027.
Read more on the Verge Website
