What exactly is $XVG ?
In the world of currency circles, there is a little partner called Dogecoin Dark, which was born in 2014. You may be wondering, why does this sound like a dark version of Dogecoin? Yes, it is actually a fork from the little guy Peercoin, and Peercoin is the early younger brother of Bitcoin. Later, in 2016, Dogecoin Dark decided to change its name to a cooler name, so it transformed into Verge Currency.
So, what exactly is Verge Currency used for? Simply put, it wants to improve some of the shortcomings of Bitcoin’s big brother, making transactions faster, more efficient, and most importantly – more private! Imagine you can use it to conduct daily transactions, whether buying things or paying money, as fast as lightning, and no one else can see your transaction information, how cool!
So, what is Verge Currency’s mission? Its goal is to make blockchain transactions as common as eating and sleeping, so that people around the world can enjoy this fast, efficient and private transaction method. In this way, both businesses and individuals can send and receive payments more conveniently!
Wait, is Verge Currency a big company? In fact, it is not a company, but an open source software and community maintained by everyone. It has never conducted an initial coin offering (ICO) or mined in advance. Its development funding is entirely raised by the community and developers.
So, why choose Verge Currency? This brings us to a big problem with Bitcoin. Although Bitcoin is great, its transaction information is public, just like your house number, others can know it with a search. Even worse, if a hacker keeps an eye on you, he can associate your IP address with Bitcoin transactions. This is so unsafe!
So, everyone thought of getting a privacy coin. Although there were several similar ideas at the time, they were all too private and completely threw away the public ledger. You know, the public ledger is like a small book that merchants can use to record transactions, which is very important to them.
Verge Currency is very smart. It perfectly combines private transactions with public ledgers. In this way, you can conduct private transactions on public ledgers and hide as much as you want. It is entirely up to you!
In short, Verge Currency is like a safe and convenient trading assistant, allowing you to navigate the world of cryptocurrency without any obstacles!
If you want to delve deeper into the cryptocurrency circle, but can't find a clue, you can read my homepage introduction if you want to get started quickly. I hope our encounter is friendly.
