What is Verge (XVG)?

By CMC AI
14 September 2025 08:47PM (UTC+0)

TLDR

Verge (XVG) is a privacy-focused cryptocurrency designed for fast, anonymous transactions, built on Bitcoin’s codebase with enhanced privacy features like Tor integration and stealth addresses.

  1. Privacy-first design – Uses Tor and stealth addresses to anonymize transactions.

  2. Bitcoin-inspired foundation – Forked from Bitcoin’s code, optimized for speed and decentralization.

  3. Multi-chain expansion – Supports cross-chain interoperability via ERC-20 and other network tokens.

Deep Dive

1. Privacy-Centric Architecture

Verge prioritizes transactional anonymity by integrating Tor (The Onion Router) to obfuscate IP addresses and stealth addresses to hide recipient wallet details. Unlike fully private coins like Monero, Verge offers optional privacy, appealing to users seeking flexibility between transparency and anonymity.

2. Scalable Bitcoin Derivative

Built on Bitcoin’s source code, Verge improves scalability with a 5–10-second transaction time and a 100-transaction-per-second capacity. Its capped supply of 16.5 billion XVG (vs. Bitcoin’s 21 million) aims for practical microtransactions, reducing reliance on fractional units.

3. Cross-Chain Ecosystem

Recent milestones (2023–2025) include launching XVGETH (Ethereum-based token) and expanding to networks like Binance Smart Chain and Coinbase’s BASE. Partnerships with exchanges (Kraken, CoinW) and tools like Bridgers enable seamless cross-chain swaps, broadening utility beyond its native blockchain.

Conclusion

Verge combines Bitcoin’s reliability with opt-in privacy features, positioning itself as a versatile payment solution. Its cross-chain strategy and community-driven development raise a key question: Can it balance decentralization with expanding interoperability demands?

CMC AI can make mistakes. Not financial advice.