Presentation and definition of the crypto-currency Rod (XVG)
- Name of the crypto-currency : Rod
- Acronym : XVG
- Where to buy of the Penis ? Binance
- Creation Date : October 2015
- White paper Penis
- Web Site
The network Verge : presentation
Rod is a currency, crypto-secure and anonymous, designed in compliance with the personal data and privacy in electronic. It allows transactions in peer-to-peer free, anonymous, and decentralized. The operating Rod is based on the blockchain of Bitcoin, in the improved version, and using networks with extremely high performance to ensure privacy, such as i2p and Tor. Its powerful algorithm allows an optimal safety and a better distribution of the virtual currency from the minors.
The technology TOR
The technologies used by the network, Cock allow to remove all traces following a transaction, thus making the sender and the recipient totally untraceable. The Tor network uses a process of onion routing to hide all traces of the transaction : this means that it goes through several relays to transmit its request and that the request will be encoded several times to pass by several intermediaries. Thus, the last proxy will never know the origin of the first message transmitted.
The system of payment verification
The system of simple check payments (SVP) enables transactions to be extremely fast compared to other crypto-currencies : the transaction confirmation is usually done in less than 5 seconds.
A community network
The network, Cock is community. The developers team is very attentive to all feedback and comments from all users to be able to continually improve its protocol. Thus, the process is never static and can adapt easily to the needs of the community. The crypto-currency Rod is particularly appreciated by the followers because it is not subsidized by the ICO or other currencies cryptographic.