PIVX is an open source crypto-currency based on Bitcoin core 0.10.x and DASH. It utilises Proof of Stake 3.0 protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. The goal of PIVX is to achieve a sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.
Manifesto
PRIVACY is non-negotiable, it’s a basic human right.
FREEDOM is everything.
TECHNOLOGY is advancing, GOVERNANCE must also.
Privacy ALLOWS the freedom to share what you wish with EVERYONE, but also the freedom to RESTRICT who sees your information.
We believe this is each person’s CHOICE. GOVERNANCE is used to further objectives and FUND development.
The DAOS are untouchable.
Join us WHEN you like, WHY you like, and, for AS LONG as you like.
Lets explore ALL the options TOGETHER. You are IMPORTANT to US,
It’s TIME we harnessed your FULL potential.
People often ask why they should choose PIVX above other crypto currency, here is a short list of features that make PIVX stand out from the crowd.
PIVX is an anonymous Peer-To-Peer currency.
PIVX is working towards Private Instant Verified Transactions as its default transaction.
PIVX is Community Driven
PIVX uses Blackcoin’s improved Proof of Stake 3.0 protocol instead of Proof of Work. So it is more efficient in keeping the network secure than PoW.
PIVX has incredibly low transaction fees that are typically a fraction of a penny due to the PoS efficiency. This means it is perfect for micro-transaction business pricing models that previously existed using Bitcoin.
PIVX had no ICO. Pre-mined coins to start the chain were publicly burned.
PIVX is based on Bitcoin 0.10.x core which means it is more up to date than most other PoS digital currencies that commonly use a lower Bitcoin core version.
PIVX uses an innovative variable Seesaw Reward Balance System that dynamically adjusts its reward to masternodes and staking nodes. (See white-paper section.)
PIVX has a very large and growing active community on multiple social networking sites such as BCT, Slack, Reddit, Twitter, Gitter, Facebook etc.
PIVX community also uses Trello for publicly accessible task planning and management.
PIVX has a highly active, accessible and responsive development team.
PIVX is available to trade on multiple exchanges including Bittrex with plans to be added to larger exchanges.
PIVX went through a monthly decreasing block reward inflation period and reached the final level of approx. 4.8% pa in mid-May 2017.
PIVX has a repository of guides with more planned including video guides and materials.
PIVX has had consistently higher profitability percentage compared to other digital currencies utilizing masternodes such as DASH since launch and even now.