Verge to Hold AMA on X on August 29th
Verge will host an AMA on X on August 29th at 15:00 UTC, during which the team intends to discuss recent technical developments, forthcoming roadmap items and broader blockchain topics.XVG InfoVerge (XVG) is a cryptocurrency project that aims to provide privacy and anonymity in transactions.Verge utilizes several technologies to ensure transaction anonymity. One of the key technologies it employs is Tor (The Onion Router), a network that provides user anonymity by routing their traffic through a series of proxy servers. Additionally, Verge utilizes I2P technology to further encrypt user data and enhance anonymity.Verge uses a consensus mechanism called Multi-Algo PoW (Proof-of-Work) and uses five types of mining algorithms: Scrypt, X17, Blake2s, Groestl, and Lyra2rev2, making it more resistant to attacks.XVG is a native token of the Verge cryptocurrency network that provides functionality within the Verge ecosystem. XVG is used as a medium of exchange within the network and as a means of rewarding miners who keep the network running.