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Private Instant Verified Transaction

Private Instant Verified Transaction (PIVX)

$ 0.01
Main info
News
Comments
Markets
Analytics
Market cap
$5.61M
Volume (24h)
$166.41K
Circulating supply
105,769,538 PIVX
Total supply
105,769,538 PIVX

About Private Instant Verified Transaction

Overview

PIVX: Private – Instant – Verified – Transaction(Tx) is an MIT licensed, open source, blockchain-based Proof of Stake cryptocurrency with Zerocoin protocol implementation for industry-leading transaction privacy.

PIVX “wallet” software closely resembles running your own bank, with basecoin (PIV) for transparent transactions and Zerocoin (zPIV) for completely anonymous, untraceable transactions.

Project Focus

The PIVX project is focused on, advancing its privacy technology to ensure fungibility, improving network scalability, and increasing real-world utilization to become a globally accepted decentralized online digital currency.

Wallet Features

Both balance types are able to stake in-wallet to effectively act as a soft miner to earn block rewards while helping to secure the blockchain network. Meanwhile, PIVX masternode network also earns rewards for providing extra services and decentralized governance.

Key data

updated $0
Market cap$5.61M
Volume 24h$166.41K
Circulating supply105.77M
All-time high$13.56-100% from peak · 2018-01-09

PIVX (Private Instant Verified Transaction) is a privacy-focused cryptocurrency that uses Proof of Stake (PoS) consensus. It enables fast, private, and secure transactions while giving users control over their financial data.

Frequently asked questions

What is PIVX and how is it different from other cryptocurrencies?

PIVX is a privacy-oriented coin with instant transactions, similar to Dash but using PoS instead of PoW. Its key feature is optional privacy through zk-SNARKs technology, unlike transparent blockchains like Bitcoin.

How does PIVX's technology and consensus work?

PIVX uses Proof of Stake (PoS) where holders 'stake' coins to validate transactions, earning rewards. It combines this with Zerocoin protocol for privacy, allowing users to shield transaction details.

How is PIVX's supply distributed?

New PIVX coins are created through staking rewards (PoS), with no mining. The inflation rate decreases over time, and part of block rewards funds community projects via treasury system.

How to store and use PIVX?

Use official PIVX wallet (supports staking) or compatible third-party wallets. It can be spent privately at merchants accepting it, traded on exchanges, or staked to earn rewards.