PIVX (PIVX)

$0.419913 (1.47%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
161 $23,843,100.00 $295,441.00 56,781,200 PIVX -- 1.47% 2.58% -$6.17

Exchange Pair Volume (24h) Price
Binance PIVX/BTC 84,788.00 0.0000454200
Bithumb PIVX/KRW 101,732.00 496.0000000000
KuCoin PIVX/BTC 2,776.97 0.0000456900
Binance PIVX/ETH 16,410.92 0.0018190000
KuCoin PIVX/ETH 1,064.19 0.0018159000
CREX24 PIVX/BTC 10.00 0.0000446900
Bittrex PIVX/BTC 7,882.23 0.0000450700
Bitalong PIVX/BTC 95,067.00 0.0000455100
Livecoin PIVX/BTC 541.32 0.0000439000
StakeCube Exchange PIVX/BTC 18.02 0.0000464900
StakeCube Exchange PIVX/SCC 0.24 0.7499900000
CryTrEx PIVX/USDT 95,659.00 0.4147299700
FEX PIVX/BTC 36,328.00 0.0000454900
Graviex PIVX/BTC 13.92 0.0000502470
StakeCube Exchange PIVX/LTC 0.01 0.0111979700
StakeCube Exchange PIVX/DASH 0.07 0.0099997700
TradeOgre PIVX/BTC 6.18 0.0000449600
VCC Exchange PIVX/BTC 8,186.48 0.0000450700
Livecoin PIVX/USDT 1.99 0.4000000000
Livecoin PIVX/ETH 20.71 0.0015000000

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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