PIVX (PIVX)

$0.364087 (-9.07%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
318 $20,673,300.00 $2,510,390.00 56,781,200 PIVX -- -9.07% -0.68% $33.02

Exchange Pair Volume (24h) Price
Binance PIVX/BTC 1,046,356.00 0.0000344100
Bithumb PIVX/KRW 1,123,171.00 411.0000000000
Bittrex PIVX/BTC 55,424.00 0.0000345700
Binance PIVX/ETH 173,280.00 0.0010960000
KuCoin PIVX/BTC 36,474.00 0.0000343400
KuCoin PIVX/ETH 2,968.55 0.0010990000
Bitalong PIVX/BTC 35,843.00 0.0000342700
Graviex PIVX/BTC 76.28 0.0000346900
StakeCube Exchange PIVX/SCC 27.41 0.6190000000
Livecoin PIVX/BTC 434.73 0.0000370000
StakeCube Exchange PIVX/DASH 0.07 0.0080000000
FEX PIVX/BTC 37,921.00 0.0000361400
CREX24 PIVX/BTC 249.33 0.0000345600
StakeCube Exchange PIVX/BTC 128.69 0.0000330100
Livecoin PIVX/ETH 15.61 0.0011540200
Livecoin PIVX/USDT 2.80 0.3500000000
StakeCube Exchange PIVX/LTC 2.71 0.0144998700
TradeOgre PIVX/BTC 282.77 0.0000411400
Livecoin PIVX/RUR 1.22 28.0000000000
Livecoin PIVX/USD 1.32 0.4400000000
C-Patex PIVX/DOGE 0.00 0.0000000000

Background

PIVX aims to build a digital value transfer network that prioritizes transaction data security and user privacy while minimizing transaction times and fees. PIVX originally launched on January 31, 2016 as Darknet (DNET) and later rebranded to its current name after significant development and community involvement. PIVX's founders are keen on DASH's general architecture but decided to implement a proof-of-stake network, which they believe offers a fairer reward system with a see-saw mechanism to auto-balance reward payouts. PIVX sees privacy as a critical component of a daily means of exchange and set out to combine the “digital cash” ethos of DASH with more advanced privacy and anonymity.

Technology

PIVX employs a custom version of the Zerocoin protocol based on the commonly used libzerocoin technology that obfuscate sending and receiving addresses for added privacy. Unlike Dash and Zcash, on-chain PIVX transactions can be completely anonymous. Users need only to convert their standard PIVX tokens into "zPIV" tokens and can then send them to any PIVX address. New blocks are added to the PIVX chain every 60 seconds, on average. A small percentage of each block reward goes to PIVX's self-governance budget. Reward remainders are split between a master node and the staked network participant. Proof-of-stake blockchains like PIVX require participants to stake a portion of their tokens before contributing to the network as a transaction propagator and validator.



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