DYK? Most Efficient PRIVACY Coin on the Planet
With zPIV being enabled on October 16th, PIVX became the most efficient PRIVACY coin on the Planet.
PIVX is governed and run by the entire community, not just a select few. We're passionate about Privacy. We're passionate about pushing the limits. We're PIVX.
PIVX is PIVX. Custom. Evolved. Organically developed via community consensus and input.
That's PIVX.
please remember that the OFFICIAL PIVX Steemit account is looking for experienced Steemians to help manage our account,
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1 Superactive PIVX community member is also Steem witness, so please also upvote them here : @bitcoiner
ALL PIVX community members, feel free to RESTEEM this article, Lets keep spreading the word of this amazing community focused privacy centric global true crypto currency. NO ICO NEEDED!
All comments within first 30 minutes get upvoted ;)
PIVX is about to blow through the roof... Just picture a steady interest bearing anonymous income that everyone can be a part of!
Mic drop!
Efficiency rulez!!
UV
We have the best devs!
While I'm checking into the details, what are the pros / cons vs. ZCash or Monero?
This pretty much sums it up:
Source
Completely disagree. That chart is worthless.
PIVX is decentralized as it is a POS coin that everyone has a chance to stake and get the rewards. Not select miners with high hash power. Anyone can be a masternode holder and vote on the direction of PIVX. ZPIV is untraceable, as it uses the zerocoin protocol.
Fungible really? This is obvious the chart came from a monero fan. To say that Bitcoin is not fungible but monero is?
That is a biased chart with no factual proof.
I'd like to learn more, can you provide some unbiased sources?
You will need to go to each coin's website and read their whitepapers.
Dash has an option to be private, but last i heard they put that on hold because someone with 6 masternodes could possibly identify people.
PIVX is a fork of Dash, but it is Proof Of Stake (POS) rather than Proof Of Work (POW). So, each person with their wallet open has the chance to receive staking rewards. Your become the miner. I was a masternode holder for a long time, but moved out of PIVX due to other endeavors. As a masternode holder, you vote on everything that happens within PIVX. PIVX recently came out with their Zerocoin protocol (read about it at PIVX.org) and is similar to Zcash. The difference is it is a POS coin so the implementation is different.
All these coins are fungible (ease to spend); however, I would rank BTC as #1, Monero #2, Dash #3, ZCash #4, PIVX #5, and Verge #6.
When the chart says Monero is untraceable, that is a lie. Monero uses a ring structure to hide their transaction. The creator of Monero (Spangi I think is his name) has never said it is untraceable. Rather he claims it would be very labor intensive and someone would have to go though many hours of work to follow the money.
Zcash is unique in how their seed was developed to create the genesis block. Supposedly it is unknown to everyone and was destroyed. There is a big long video documenting it's creation. Quite interesting to a geek like me. Anyway, you are putting faith into the fact that the seed was destroyed and no one knows it. Otherwise Zcash can be created out of thin air. It hasn't happened yet, but who knows.
I don't know much about verge as it is the newest to the block.
I like Monero. But this chart is nonsense.
While there were some hiccups with the initial zPiv release, I was happy to see all of them sorted out!
@pivx PIVX has "BRILLIANT" written all over it!
BRILLIANT coin
BRILLIANT community
BRILLIANT devs
I'm extremely curious to see what 2018 will bring! Keep up the good work everyone!