Verge (XVG) (formerly DogecoinDark (DOGED)) is a decentralised, open-source cryptocurrency forked from Dogecoin in October 2014 and re-branded as VERGE in February 2016. The project exploited the growing popularity of the "fun" Dogecoin cryptocurrency while adding code to increase the coin's anonymity and privacy features, notably the network's ability to run on dedicated Tor nodes. Verge is a pure proof-of-work cryptocurrency that uses multiple hashing algorithms to mine new coins. The number of coins issued has been set to 9 billion during the first year and one billion per year thereafter.