PIVX (PIVX)

$0.256625 (-10.95%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
177 $14,571,500.00 $137,232.00 56,781,200 PIVX 127 -10.95% -2.11% $28.10

Exchange Pair Volume (24h) Price
Binance PIVX/BTC 51,455.00 0.0000311200
Upbit PIVX/BTC 3,674.80 0.0000311100
Bittrex PIVX/BTC 3,674.80 0.0000311100
KuCoin PIVX/BTC 182.97 0.0000311400
CREX24 PIVX/BTC 641.68 0.0000309900
KuCoin PIVX/ETH 518.28 0.0014220000
Bitalong PIVX/BTC 86,369.00 0.0000311900
Binance PIVX/ETH 896.92 0.0014280000
Hotbit PIVX/ETH 19,801.03 0.0014150800
Binance PIVX/BNB 1,649.40 0.0141200000
Hotbit PIVX/USDT 33,896.00 0.2603940000
Hotbit PIVX/BTC 23,531.00 0.0000309500
ChainEX PIVX/BTC 21,460.00 0.0000311600
FEX PIVX/BTC 27,268.00 0.0000312000
Bithumb PIVX/KRW 58,255.00 798.0000000000
TradeOgre PIVX/BTC 10.22 0.0000297600
CoinExchange.io PIVX/ETH 3.55 0.0015012800
Graviex PIVX/BTC 9.48 0.0000328020
CoinExchange.io PIVX/BTC 0.95 0.0000290000
CryptoBridge PIVX/BTC 2.44 0.0000330000
CryTrEx PIVX/BTC 0.00 0.0000311027
Birake PIVX/BTC 0.00 0.0000305000

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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