Assets, Bitcoin

Is Verge Backed by Bitcoin?

Verge (XVG) is a cryptocurrency with a public blockchain that focuses on privacy, anonymity, and security. The coin was launched in 2014 under the name DogecoinDark. It was rebranded to Verge in 2016. The team behind Verge is anonymous, and the currency is decentralized.

It is not backed by any central authority or government. Bitcoin (BTC) is the first and most well-known cryptocurrency. It was created in 2009 by an anonymous person or group of people known as Satoshi Nakamoto. Bitcoin is decentralized and not backed by any central authority or government.

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