History of Verse ( XVG) PART-2

3. Core Features and Privacy Enhancements

One of Verge’s distinguishing features was its use of several privacy-enhancing technologies that set it apart from other cryptocurrencies at the time.

Tor and I2P Integration:

Verge uses Tor and I2P networks to obscure users' IP addresses. Tor anonymizes transactions by routing them through a series of volunteer-operated servers, while I2P focuses on providing encrypted, anonymous communication.

This combination of privacy networks ensures that transactions made with Verge are difficult to trace and offer enhanced privacy Stealth Addresses:

Verge offers stealth addresses to keep the recipient’s wallet address private. When a user sends Verge coins, the recipient’s address is not exposed in the transaction details, enhancing privacy.

Wraith Protocol:

One of Verge's most significant developments was the Wraith Protocol, which was introduced in 2018. This feature allowed users to switch between private and public transaction modes, adding flexibility to how transactions could be conducted.

Private transactions use Tor and I2P for full anonymity, while public transactions are transparent on the blockchain.

Proof of Work (PoW):

Verge uses a Proof of Work consensus mechanism, which is similar to Bitcoin’s but with a significant difference. Verge uses multi-algorithm mining, meaning that miners can mine XVG using several hashing algorithms, including Scrypt, X11, Lyra2rev2, and Myriad-Groestl. This makes the network more decentralized and accessible for a wider range of miners.

4. Partnerships and Growth (2017-2018)

Major Partnership with ****hub:

In 2017, Verge made headlines by partnering with P***hub, one of the largest adult content websites in the world, to accept XVG as a form of payment.

This partnership highlighted Verge’s use case for privacy-conscious payments, especially in industries where privacy is a significant concern.

to be continued ....