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Buy Pivx in India
What is Pivx ?
PIVX (Private Instant Verified Transaction) is a privacy-centric Proof-of-Stake cryptocurrency forked from DASH. The PIVX Manifesto focuses on community governance and a decentralized project from the technology itself to how project proposals are voted on and implemented. As the name implies, PIVX is attempting to build a usable digital means of exchange that is easy to spend privately and securely in everyday life. To this end, the main focuses of development are minimizing transaction times and fees while maintaining privacy and security.
History of Pivx ?
PIVX was launched on January 31, 2016, by two DASH community members. The founders admired the DASH technology but wanted to see some changes. They moved to a completely Proof-of-Stake system as opposed to DASH’s Proof-of-Work system and implemented what they saw as a fairer reward system that used a see-saw mechanism to auto-balance reward payouts (this is gone into more detail in the staking section below). They saw privacy as a critical component of a daily means of exchange and set out to combine the “digital cash” ethos of DASH that prioritizes fast, cheap payments with more advanced privacy and anonymity. Their hope is to become the go-to payment method for peer-to-peer transactions and in-store exchanges.
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