# Verge

> Verge is a cryptoasset that functions as a privacy-focused, proof-of-work digital currency (ticker XVG) designed for fast, low-fee everyday transactions and optional transaction-level privacy features.

- Canonical URL: https://iq.wiki/wiki/verge
- Categories: Cryptoassets
- Tags: Ethereum, Bitcoin, Coin
- Created: 2026-09-03T16:42:44.376Z
- Last updated: 2026-09-03T16:46:45.284Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Verge** is a decentralized digital currency focused on peer-to-peer payments, with additional features designed to provide transaction and network-level privacy. Its ecosystem uses XVG as the native payment asset and incorporates technologies including [Tor](https://iq.wiki/wiki/tor), I2P, and stealth addressing. [\[2\]](#cite-id-paclfzi9v3) 

## Overview

Verge is a decentralized digital currency designed for fast, direct payments between individuals and businesses, building on [Bitcoin’s](https://iq.wiki/wiki/bitcoin) model while adding privacy-oriented transaction features. Created in 2014 as DogeCoinDark and renamed Verge in 2016, the project is open-source and community-driven, with its native XVG currency secured by a multi-algorithm proof-of-work system that supports Scrypt, X17, Lyra2rev2, myr-groestl, and Blake2s. Verge provides several transaction methods with different levels of privacy. Standard transactions remain publicly recorded on the [blockchain](https://iq.wiki/wiki/blockchain) but use pseudonymous addresses, while stealth transactions use one-time addresses to make payments more difficult to associate with a recipient. Anon transactions combine stealth addresses with RingCT to obscure transaction participants and amounts, while the network uses [Tor](https://iq.wiki/wiki/tor) to hide users’ IP addresses. [\[3\]](#cite-id-3ushzd4l18)  [\[5\]](#cite-id-warobu3s2f) 

## Features

### Encrypted Messaging

Verge’s encrypted messaging feature is a peer-to-peer communication system that allows users to exchange private messages while making it difficult for others to identify who is communicating with whom. Messages are encrypted and distributed across the Verge network, helping protect their contents and obscure the intended recipient. Messages are also digitally signed so recipients can verify that they came from the expected sender and were not altered. To reduce the resources required to transmit messages, Verge uses data compression techniques that enable information to move more efficiently across the network. Messages are temporarily stored across participating network nodes for up to 48 hours before being deleted, rather than being kept permanently. This distribution is intended to make the messaging system more resistant to traffic analysis while allowing users to receive messages upon reconnecting to the network. [\[5\]](#cite-id-warobu3s2f) 

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### Dual-Key Stealth Addressing

Dual-Key Stealth Addressing is a privacy feature in Verge that allows senders to create unique, one-time addresses for each payment without requiring interaction with the recipient. Instead of multiple payments appearing on the [blockchain](https://iq.wiki/wiki/blockchain) as transfers to the same address, each payment is directed to a different address, making it more difficult to determine which transactions belong to a particular recipient. Verge’s Dual-Key Stealth Address Protocol uses separate scanning and spending keys, allowing a recipient’s wallet to identify payments intended for them without repeatedly exposing the private key used to spend funds. The system relies on Elliptic-Curve Diffie-Hellman (ECDH) to establish a shared secret between the sender and recipient, which can be used to generate these temporary addresses without revealing either party’s private keys.

The recipient’s wallet can scan the [blockchain](https://iq.wiki/wiki/blockchain) using its private scanning key to identify payments intended for them and then derive the corresponding private key needed to spend those funds. The recipient can also provide the scanning key and public spending key to an auditor or proxy service, allowing that service to identify relevant transactions without enabling it to spend the funds. Overall, Dual-Key Stealth Addressing is designed to prevent a recipient’s published address from being directly associated with incoming transactions while separating the ability to detect payments from the ability to spend them. [\[5\]](#cite-id-warobu3s2f)  

## XVG

XVG is the native asset of the Verge [blockchain](https://iq.wiki/wiki/blockchain) and is primarily used for payments and transactions on the network, with the project emphasizing relatively low fees and fast confirmations for everyday use. Verge also incorporates privacy-oriented network features such as [Tor](https://iq.wiki/wiki/tor) and I2P to provide additional routing-level privacy for users. Unlike some cryptoassets, XVG does not have a protocol-defined burn mechanism, so its economic value is primarily tied to demand for network use and to holding XVG as a payment or speculative asset. The ecosystem also includes services that charge fees in XVG, such as the Verge Twitter Bot, creating additional use cases for the asset outside the core [blockchain](https://iq.wiki/wiki/blockchain). As with other proof-of-work payment networks, however, the reliance on low [transaction fees](https://iq.wiki/wiki/transaction-fee) creates a trade-off between keeping payments inexpensive and generating enough fee revenue to support network security as new XVG issuance declines. [\[5\]](#cite-id-warobu3s2f)  [\[6\]](#cite-id-oszoo1fan6) 

## Partnerships

* Unstoppable Domains
* Voice Life
* ChangeNOW
* NOWPayments
* NOWNodes
* Manny Pacquiao Foundation
* Travala
* 7B Broker
* CoinRabbit