What problem does this service solve?

Verge is an untraceable crytpocurrency focused on everyday use.Bytecoin is a decentralized blockchain platform whose primary focus is privacy.

Token Stats

Company Description

Verge is a privacy focused cryptocurrency. It was formerly known as DogeCoinDark and was rebranded to Verge Currency in 2016. Verge uses multiple anonymity-centric networks such as TOR and I2P. The IP addresses of the users are fully obfuscated and transactions are completely untraceable.
Verge is based on the Wraith Protocol that enables users to be able to send and receive payments privately across their blockchain with stealth addressing services and complete anonymity. The protocol provides an additional layer of IP obfuscation as well as the option to utilize stealth addressing services for transactions.

Bytecoin is a privacy focused blockchain that aims to be completely anonymous. It is the first digital currency based on CryptoNote technology and uses ring signatures. Bytecoin utilizes one-time addresses and multi-signatures to enhance security. Bytecoin has high transaction speeds and users are in complete control their personal information. Any identifiable details can only be seen if you allow it. Bytecoin, and CryptoNote, have led to several popular forks. Monero and Dash are both Bytecoin forks. The CryptoNote Proof-of-Work (PoW) algorithm was designed to provide ASIC resistance and enables anyone with a personal computer to mine it.

Ratings

Overall

(0)

5/5 (2)

Will this currency still be used in 10 years?

5/5

How scalable is this currency?

5/5

How adaptable is this currency to the changing needs of the market?

5/5

How effective is this currency as a medium of exchange?

4/5

How effective is this currency as a store of value?

5/5