If you have ever wanted to create a cryptocurrency wallet that is based on a blockchain network that puts its focus on user privacy, the Verge might have been just what you are looking for.
Today, we are going to be diving deep into the wallet creation process regarding the Verge (XVG) blockchain, so you can get up and running in no time.
- Verge is a blockchain that was launched in 2014 under the name dogecoindark by a developer with experience in network security and blockchain technology known as Justin Valo.
- Verge is a blockchain network that puts privacy first and aims to offer a quick, efficient, and decentralized payments network that improves upon the original Bitcoin (BTC) blockchain network.
- Verge features many security features and automatically routes all traffic to and from the vergePay wallet through the Tor network, which anonymizes the traffic and masks the IP addresses.
Why create a wallet on Verge?
There are numerous reasons why someone might be interested in creating a wallet on the Verge (XVG) blockchain. However, the key reasons include:
- Verge offers dual-key stealth addresses, where the senders can create one-time wallet addresses on behalf of the recipients as a means of protecting their privacy.
- Each user can also leverage atomic swaps as a means of powering trustless peer-to-peer (P2P) cross-blockchain transactions.
- The Verge Core TEam pursues strategic partnerships as a means of increasing awareness and usage, which leads to an increase in mainstream adoption.
- The anonymity-centric networks that Verge utilizes are The Onion Router (TOR) and Invisible Internet Project (I2P).
- Verge has significantly shorter transaction times when compared to competing blockchain networks, where a typical transaction can be completed within the span of five to ten seconds.
Guide on how to build crypto wallet on Verge
If you want to buy Verge (XVG) or other cryptocurrency tokens, you will need to build a cryptocurrency wallet. This wallet is where you will be able to store the private keys which are required for you to access your coins.
Verge stands out due to the fact that it utilizes its own digital wallet, which can be downloaded or even used as a paper wallet; however, third-party wallet options are also available if that is your preferred option.
- Step 1: Install a supporting operating system.
The chances are high that you are either using Linux, macOS, or Windows as an operating system. These are currently the only supported operating systems on top of which you can develop your own wallet on Verge. What this means is that you need to ensure that you are using the correct OS. We will be using the Windows method for this example.
- Step 2: Get the right software.
You will need Windows Subsystem for Linux (WSL) and the Mingw-w64 cross compiler toolchain, as this is what you will be using for the creation of the wallet.
- Step 3: Install Windows Subsystem for Linux
With the launch of Windows 10, Microsoft released the Windows Subsystem for Linux (WSL) feature. This enables users to run bash shell directly from windows in a Ubuntu-based environment. This allows for cross-compiling mechanics for Windows without the need to run a separate Linux Virtual Machine or server.
- Step 3: enable Windows Subsystem for Linux
To do this, all you have to do is open the Windows FEatures Dialog, which will look like this: OptionalFeatures.exe. Then, you need to enable ‘Windows Subsystem for Linux.’ Last, click on “OK” and restart your system if it prompts you to do so.
- Step 4: Install Ubuntu
Here, you will need to navigate to the Microsoft Store, log into the store with your account if you haven’t done so, and search for “Ubuntu 18.04 LTS”.
Click on “Get,” and you should see it get installed with ease.
- Step 5: Complete the installation
You will now need to open a command prompt (CMD) menu and type “Ubuntu1804”, after which you can create a new UNIX user account, which will be a separate account from your Windows account. Once the bash shell is active, you can compile the 64-bit version.
Step 6: Cross-compilation for Ubuntu and Windows Subsystem
Start by installing the general dependencies by using the following code:
- sudo apt update
- sudo apt upgrade
- sudo apt install build-essential libtool autotools-dev automake pkg-config bsdmainutils curl git
Afterwards, if you want to build the windows installer with make deploy, you will need NSIS. Install it with this code:
- sudo apt install nsis
Then, install the mingw-w64 cross-compilation tool chain:
- sudo apt install g++-mingw-w64-x86-64
- sudo update-alternatives –config x86_64-w64-mingw32-g++ # Set the default mingw32 g++ compiler option to posix.
Once the toolchain is installed, note that for WSL the Verge Core source path has to be somewhere in the default mount file system, such as here:
Once the source code is ready, you can use the following build steps:
- PATH=$(echo “$PATH” | sed -e ‘s/:\/mnt.*//g’) # strip out problematic Windows %PATH% imported var
- cd depends
- chmod 764 ./config.guess
- chmod 764 ./config.sub
- make HOST=x86_64-w64-mingw32
- cd ..
- ./autogen.sh # not required when building from tarball
- CONFIG_SITE=$PWD/depends/x86_64-w64-mingw32/share/config.site ./configure –prefix=/
Once you have built it through the usage of the Windows subsystem, you can copy the compiled executables to a directory on the Windows drive in the same directory structure. To do this, you will install it to C:\workspace\verge with this command:
- make install DESTDIR=/mnt/c/workspace/verge
That is everything you need to know when it comes to creating a wallet on Verge (XGV).
Keep in mind that binary or pre-compiled wallets are available on all platforms at VergeCurrency.com.If you want to keep track of the transactions, you can get access to any Verge addresses, see the transaction data, the block height, or anything else you are interested in through the utilization of NOWNodes. You can get access to the NOWNodes documentation here.
Remember that NOWNodes provides a 99.95% API uptime and maintains the state of the network by monitoring it 24/7.
Hopefully, now you have an in-depth look at everything you need to know about creating a wallet on Verge (XVG). While the process differs based on the operating system you are using, this is a slight variation, and once you master it on Windows, you will be able to create it on Linux and macOS as well.