PIVX (PIVX)

$0.213341 (-2.2%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
186 $12,113,700.00 $544,318.00 56,781,200 PIVX 88 -2.2% -7.93% $4.69

Exchange Pair Volume (24h) Price
Binance PIVX/BTC 260,955.00 0.0000291900
Bittrex PIVX/BTC 16,870.56 0.0000290000
Binance PIVX/ETH 23,740.00 0.0014700000
Binance PIVX/BNB 10,294.85 0.0143300000
KuCoin PIVX/BTC 2,158.11 0.0000292000
KuCoin PIVX/ETH 361.00 0.0014644000
CREX24 PIVX/BTC 15.22 0.0000288800
Bithumb PIVX/KRW 91,266.00 251.0000000000
Bitalong PIVX/BTC 10,898.01 0.0000291100
Hotbit PIVX/ETH 14,819.92 0.0014905500
Hotbit PIVX/BTC 17,875.65 0.0000294500
FEX PIVX/BTC 67,083.00 0.0000292200
Hotbit PIVX/USDT 24,610.00 0.2247090000
TradeOgre PIVX/BTC 0.00 0.0000300000
Birake PIVX/BTC 0.02 0.0000255500
Livecoin PIVX/BTC 223.13 0.0000294900
Graviex PIVX/BTC 6.64 0.0000281420
BuyUcoin PIVX/INR 167,352.00 1,100.0000000000
CryptoBridge PIVX/BTC 18.83 0.0000260200
Txbit PIVX/BTC 0.00 0.0000311800

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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