PIVX is a kind of digital online money using blockchain technology that can be transferred merely throughout the world with nearly non-existent transaction fees with market-leading security & privacy.
What Is PIVX (PIVX)?
PIVX is a peer to peer, open-source, decentralized cryptocurrency, built atop Bitcoin network which focuses on privacy, speed, and verification of transactions. Private Instant Verified Transaction ensures instant deals while not compromising on user security, privacy, and anonymity. It makes use of an improved Bitcoin core and implements a host of other features such as Zerocoin protocol.
PIVX (PIVX): History
PIVX came to life in 2017.PIVX was developed in February of 2016 and was publicized under the name Darknet. After its initial development, it gained support from the community and was rebranded to PIVX in 2017. It was also the first to have its websites translated into 30+ currencies. In late 2017 it also became the first cryptocurrency used proof of stake currency to ensure transaction anonymity.There were 23 members of the core PIVX team.
How Does PIVX (PIVX) Work?
PIVX differs significantly from standard coins in some ways. Firstly, the user needs to issue ‘send command’ which should include the amount of PIVX to be transmitted as well as the recipient’s address. This information is concocted by the miners (PIVX uses PoW method), and if approved, the amount is then dedicated from the sender’s wallet and put into the receiver’s wallet.
However, using Zerocoin protocol, PIVX adds fungibility on the network which makes the transactions anonymous and using adaptive block-size, the network congestion is always decreased, and the operations take place fast.
How To Buy PIVX (PIVX)?
The best way to buy PIVX according to the official site is to exchange it for Bitcoins. You can do so at any of the exchanges that support PIVX like Bittrex, upbit, and Anycoin. After you buy PIVX’s, you can store it in their official wallet that is available for Windows, Mac, Linux, Android, COINOMI. If you have some PIV’s with you, then you can help secure the network and get rewards. You can also get rewards for running Masternodes.
PIVX (PIVX) Price Prediction 2018
PIVX can be a profitable investment option. PIVX price equal to 4.269 USD at 2018-03-21. If you buy PVX for 100 dollars today, you will get a total of 23.425PIVX. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-03-17 is 30.254 US Dollars. With a 5-year investment, the revenue is supposed to be around +608.68%. Your current $100 investment may be up to $708.68 in 2022. The PIVX has the price today $4.269, and the market cap value is $236,257,120. The current supply is 55,817,119 PIVX, and the volume is $2,155,630.