Verge (XVG) launched on October 9, 2014, as an open-source cryptocurrency based on Bitcoin's technology and using a 100% proof-of-work (PoW) model. It employs Scrypt and X17 algorithms, with a fast 30-second block time and dynamic reward recalculation. Originally called DogeCoinDark, it rebranded to Verge in 2016. Verge is designed for privacy-focused, everyday transactions.