PivX Coin - Courtesy of PivXPivX

PivX is a cryptocurrency designed to aid in private transfers of money through a fast and secure network. The aim of the coin is to provide the services at a minimal cost. The developers had one motive in their minds, which was to develop a cryptocurrency having near-zero transfer times on a decentralized platform 24 hours a day.
CURRENT VALUATION
74.98 mln
THE HIGHEST VALUATION
674.43 mln
CURRENT YEARLY RETURN
9.42%

Interesting Facts

  • PivX is available on a wide range of exchanges, including Fex, Godex, Binance, Bittrex, CoinExchange, CoinSpot, among many others.

  • The coins can be stored either in an online wallet, Coinomi, or by downloading an offline wallet from their official website for almost all platforms and devices.

  • Members of the PivX team are the key speakers at the Seoul Korea Provenance Blockchain Summit which is going to take place on November 20th, 2018.

  • The company is focused entirely on the real world use of their tokens and the community work that they do includes sponsoring a Polish soccer team.

Project in a nutshell

The world of money transfers has been expanding ever since globalization became a concept for humankind. However, transferring money from one end of the earth to the other can be quite tedious and time-consuming, not to mention all the transaction fees that you would have to pay in between.

To come up with a solution for this problem, a team of developers turned to Blockchain and cryptocurrencies. They seek these blockchain solutions, depending on other companies for personalised solutions for specific problems. The team came up with the PivX token which allowed them to create an ecosystem that processes payments instantly, at a minimal transaction fee.

Based on blockchain, PivX processes transactions instantly and keeps the privacy of the users intact. It is a better way to process payments since it does not require any personal information and has other added features as well.

Which exchanges is this coin listed on?

CONTENT BELOW SUITED FOR MORE ADVANCED USERS

More in-depth review of the project

The PivX (Ticker: PIVX) runs on the Consensus algorithm of PoS and zPos Hybrid system and has a current market supply of more than 56 million coins. It is one of the few coins that has a Masternode.

The coin has three modes of rewards and each minute, 5 PIV are created, 10% of which are reserved for the community growth programs, while the rest are distributed among the investors and the masternodes.

The generation time of a block is 60 seconds, and each block is 2 MB in size. The coins are stake-able and each second, a theoretical maximum of 173 transactions take place.

PivX aims to bring in a new era of technology for the transfer of private money. The Masternode from PivX is one of the most rewarding ones on the market, generating an average of 1 PivX per month for every 1000 PivX staked. The coin ranks in at around 100 on all exchanges and has been deemed as a safe investment, both for long-term and short-term tradings as well.

Future plans

  • The company is developing wallets for the platforms that do not support the wallets yet. They have also developed a new fork of the Piv coin, the Zerocoin. Additionally, they are considering the development of proposals and integrating them into the wallet. Users will be able to create and view them within the wallet and vote on them too. They are also developing a new website which will have a completely new design and user interface.

  • Also in the company’s plans is the development of an in-wallet exchange that will allow an exchange between Zerocoin and Bitcoin within the wallet itself. This will remove the process of user creation on online exchanges and also remove the hassle and risk of transferring coins to the online servers of these exchanges.

Latest update: 7th October 2018
PivX Coin future plans
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