In recent times, along with the general growth of Bitcoin in the cryptocurrency market, many cryptocurrencies have also recorded significant growth. We can say that one of them is PIVX. So what is PIVX coin?
PIVX Coin Nedir?
PIVX (Protected Instant Verified Transaction or eXchange) is a decentralized blockchain/cryptocurrency project launched on January 30, 2016. Open source and governed by a community-driven DAO (Decentralized Autonomous Organization), PIVX focuses exclusively on users’ financial data security.
It is designed to ensure the security of users’ financial information by using advanced cryptography protocols, and engineering studies have been conducted accordingly.
What is the PIVX project?
PIVX is an innovative cryptocurrency that offers both security and privacy-focused approaches using blockchain technology. The project is based on advanced cryptography technologies developed to enable users to conduct their financial transactions privately and securely.
PIVX creates a mining-free, energy-efficient blockchain network using the Proof of Stake (PoS) mechanism. This reduces environmental impact and gives users the chance to earn rewards for being active on the network.
PIVX’s PoS system allows coin holders to contribute to the security of the network by actively staking their coins and earn rewards in return.
Additionally, PIVX’s zk-SNARKs sampling integration keeps privacy at the forefront by ensuring user transactions remain completely anonymous. This is a rare feature in the cryptocurrency world and makes PIVX an attractive option, especially for privacy-conscious users.
As a community-driven DAO, PIVX enables users to directly participate in decision-making processes. This makes it possible to shape the development of the project according to the needs and preferences of the community.
Who are the founders and owners of PIVX?
The PIVX blockchain is run by entrepreneurs who use pseudonyms to disguise themselves. The circulating and total supply of PIVX coins is 78,069,581 PIVX. Although no specific information has been provided about the names and roles behind the project, the project is managed with a community-oriented approach.
What was PIVX’s highest point?
PIVX coin reached its all-time high of $14.56 on January 23, 2018.
What is the lowest level seen by PIVX?
On February 16, 2016, the PIVX coin reached an all-time low of $0.000422.
How much is the supply of PIVX?
The circulating and total supply of PIVX coins is 78,069,581 PIVX.
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