Verge

Verge is a Layer 1 proof-of-work blockchain launched on 9 October 2014, originally under the name DogecoinDark, and redesigned specifically to enable private, untraceable transactions. It aims to solve the problem of financial surveillance by concealing the IP addresses and transaction details of its users, making it relevant to anyone who prioritizes anonymity when transacting digitally. Its privacy features are built on established anonymity networks, TOR and I2P, rather than on cryptographic obfuscation alone.

Verge reaches consensus through the Scrypt proof-of-work algorithm, meaning miners expend computational effort to validate and record transactions on the network. Privacy is delivered chiefly through its Wraith Protocol, which enables stealth addressing so that payment destinations are not publicly visible on-chain, while the core wallet routes traffic through TOR and uses SSL encryption to hide users' IP addresses. XVG is the native token used to pay for transactions on the network.

The data stored for Verge does not include a protocol fee stream, meaning there are no recorded revenues, fee recipients, or treasury flows available on this site. Without a fee-based revenue model in the data, measures that this site might ordinarily compute from fee income — such as fee yield or protocol revenue — are not applicable here. What is recorded is that 99.80037 percent of the supply has already been issued at this point in time, leaving a dilution overhang of just 0.20003 percent, and the fully diluted valuation is effectively equal to the market capitalisation at a ratio of 1.002, reflecting the near-complete issuance.