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Verge

XVG · Field entry
PrivacyPayments & moneyPrivacyCaution flagNot on major US exchanges

A multi-algorithm proof-of-work coin that hides IP addresses with Tor on a public ledger

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$0.0026003.76%Snapshot · October 20, 2026 · updates live
Market cap
$42.94M
24h volume
$656,765
Rank
#513
Circulating
16.52B XVG
Max supply
No fixed cap
All-time high
$0.2619 December 23, 2017

XVG price chart

7-day snapshot. Chart data from CoinGecko.

Read this first — caution flag. Repeated majority-hashrate attacks, including a 2021 reorganization that erased about 200 days of history, privacy that is much weaker on-chain than the branding suggests, and no major US exchange listing. How to evaluate a project.
Not on major US exchanges. As of October 2026 Verge is not tradable on Coinbase or Kraken and does not appear on Robinhood's coin list; it trades on smaller and offshore venues. How to buy crypto safely.

What is Verge?

Verge is a proof-of-work cryptocurrency that launched in 2014 as DogecoinDark and took the Verge name in 2016. Its main privacy feature is network-level: wallets and nodes talk over Tor to hide users' IP addresses. Its ledger stays public, so amounts and transaction links remain visible, and the chain has suffered several majority-hashrate attacks.

Utility Lens

What Verge actually does

Aims to be a fast, low-fee payment coin that hides where a transaction was sent from on the internet.

Real-world usage
speculativeActivity is mainly trading, and we could not verify meaningful payment or privacy use.
Token necessity
essentialXVG is the only asset on the chain and pays transaction fees and miner rewards.
Decentralization
limitedAnyone can mine with five algorithms, but attackers have repeatedly gained enough hashpower to rewrite history, and a small core team ships the software.
Track record
longRunning since 2014, but it suffered timestamp attacks in April and May 2018 and a 560,000-block reorganization in February 2021.

How we rate

What it’s used for

XVG is mostly traded and sent between wallets, with 30-second blocks and multiple mining algorithms. The core wallet also includes paid, encrypted wallet-to-wallet messaging. We found no recent, verifiable data showing broad merchant use.

Role of the XVG token:

paymentsgas

Evidence of real use

  • In May 2018 an attacker exploited a timestamp bug to mine Verge blocks at almost no difficulty, taking roughly 35 million XVG, the second such attack since April. Source
  • In February 2021 Coin Metrics researchers reported a Verge reorganization of more than 560,000 blocks that erased about 200 days of transactions. Source
  • Verge's core software is still maintained, with version 26.10 released on GitHub in October 2026. Source

Privacy: what’s hidden, what isn’t

Privacy model
network-level (hides IP/metadata)
What it hides
Users' IP addresses, by routing wallet and node traffic through Tor; optional stealth addresses can keep the recipient's published address off the chain.
What stays visible
Transaction amounts, the inputs and outputs of each transaction, the links between them, timing and fees are all on a public ledger.
Reality check
Analysts such as Bitcoin Magazine have argued Verge offers little privacy beyond Tor, which other coins can also use. Coinbase, Kraken and Robinhood do not list XVG, and EU rules restrict providers from handling anonymity-enhancing coins from July 2027.

Privacy coins, explained

How Verge works

Verge began as a fork of Dogecoin's code, so its base design resembles Bitcoin's: coins move between addresses on a public ledger that anyone can inspect. Its privacy pitch rests on networking. The wallet and node software connect through Tor, the onion-routing network, so peers watching the network have a harder time tying a transaction to the IP address that sent it. The project still bundles and updates its own Tor build.

Verge also offers stealth addresses, which let a sender pay to a fresh one-time address so the recipient's published address does not show up on-chain. A 2018 Bitcoin Magazine review noted these are optional and that a planned upgrade to hide amounts had not been delivered. Without such a feature, amounts and the links between inputs and outputs remain visible to anyone running blockchain analysis.

Blocks arrive about every 30 seconds and can be mined with any of five algorithms: scrypt, x17, Lyra2rev2, myr-groestl and blake2s. Spreading mining across algorithms has not stopped attacks. In May 2018 CCN reported that an attacker took over two of the algorithms, scrypt and Lyra2RE, and used false timestamps to mine them at almost no difficulty. In 2021 a far larger reorganization replaced months of history, which a Coin Metrics researcher called likely the deepest ever in a top-100 cryptocurrency.

Key moments

  1. 2014The coin launches as DogecoinDark, a fork of Dogecoin's code.
  2. 2016The project rebrands as Verge.
  3. 2018Attackers exploit a timestamp bug in April and again in May to mine blocks at near-zero difficulty and collect millions of XVG.
  4. 2021In February a reorganization of more than 560,000 blocks erases roughly 200 days of transactions.
  5. 2026Version 26.10 ships in October with an updated Tor build, while beta builds are tested on testnet.

Supply

Verge's GitHub specifications list a total supply of 16,521,951,238 XVG and mark it as complete. The same page lists no premine and no ICO. Because the coin was a proof-of-work fork, all coins were created through mining.

Risks to understand

  • Verge's history of majority-hashrate attacks in 2018 and 2021 means very deep reorganizations have happened before; treat large deposits as final only after many confirmations.
  • Its privacy is mostly about IP addresses: amounts and transaction links stay on a public ledger, so it offers far less on-chain privacy than its marketing may suggest.
  • Major US exchanges do not list XVG, which limits regulated places to buy or sell.
  • A small core team ships most releases, so development depends on a few people.
  • From July 10, 2027 the EU's anti-money-laundering regulation bars crypto service providers there from handling coins with built-in anonymity features, which could affect how venues treat XVG.

Verge FAQ

Is Verge a private cryptocurrency?

Only partly. It hides IP addresses through Tor and supports optional stealth addresses, but amounts and transaction links remain visible on its public ledger.

Has Verge been attacked?

Yes. Timestamp-based attacks hit it in April and May 2018, and in February 2021 a reorganization of over 560,000 blocks erased about 200 days of history.

Can I buy Verge in the US?

As of October 2026 Coinbase, Kraken and Robinhood do not offer XVG; it trades on smaller and offshore exchanges.

Sources

  1. vergecurrency/verge (README and specifications) — GitHub
  2. vergecurrency/verge releases — GitHub
  3. Battle Of The Privacycoins: Verge Offers Little Privacy And Nothing Unique — Bitcoin Magazine
  4. Privacy Coin Verge Succumbs to 51% Attack [Again] — CCN via Yahoo Finance
  5. Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased — Bitcoin.com News
  6. Verge price page — Coinbase
  7. Verge price page — Kraken
  8. Regulation (EU) 2024/1624 (Anti-Money Laundering Regulation) — EUR-Lex, Official Journal of the EU

Last reviewed October 20, 2026. Written by . Utility Lens ratings are editorial judgments, not investment advice. Market data from CoinGecko. Spot an error? Request a correction.

About the author

Dave McNaught has worked in IT since 1999 and founded All Business Technologies (ABT) in 2003, a Boston-area firm providing Managed IT, Cybersecurity, Managed AI, Web Design and App Development. He publishes The Crypto Guide.

Full bio