What is the true potential to the Crypto-currency PIVX ( Private Instant Verified Transaction ) this year?
This year there has been some real focus on PIVX, I first heard about PIVX in march time and it was trading at around 15 cents, " God Dam I Didn't Buy A Load ". We always wish we could jump on that train that takes us from wrecks to riches in a couple of months and Crypto truly can make them come true if you find the right on?
What is PIVX?
PIVX (Private Instant Verified Transaction) confidential, instant , transaction speed, and governance that aims to decentralise control with a PoS (Proof-of-Stake) based protocol with a Quark algorithm, which dynamically adjusts its block reward size between MNs (Masternodes = 10,000 PIVX) and staking nodes (<10,000 PIVX). In particular, the PoS input comes ahead of Ethereum’s much anticipated Casper release and allows users who hold PIV in their wallet to stake their coins and earn PIV for helping to secure the network. PIVX is leading the PoS blockchain pack to give institutional banks a run for their money. For instance, if you staked 1,000 PIVX today ($2,660) you have potential to earn 4.41 PIVX (or $11.73 at current price today) every 14.68 days.
What PIVX is doing right now on their road map? (NOTE ACTUAL WORD FOR WORD ROAD MAP)
- Full-time Zerocoin Protocol: We will be utilizing the vetted and academically verified Zerocoin Protocol in a manner that will require all transactions on the PIVX network to utilize this protocol. Increasing the security and fungibility of PIVX as time moves on.
- In order to keep in sync with new features and functionality being added to Bitcoin Core, those changes are being merged into the PIVX. This code merge brings us to Bitcoin Core 0.12.1 which was released Feb 23, 2016.
- A movement among the community to redesign the way voting and power is distributed and structured is gaining momentum. This will take months to complete, as we are involving the community and working with the existing governance system to ensure ‘buy-in’ from Masternode Owners.
- U2F Integration: We want U2F to be another security option for securing your wallet from hackers and KeyLoggers. U2F requires a hardware dongle (usually with a pushbutton). The Menu option would require easy setup instructions for the most common U2F USB dongles. Installing any software or drivers as required (should work…
PIVX @ All time high of 2.83 What next for PIVX.
PIVX is one of my favourite currencies to be tipped to see over $10 this year, it has really made a statement in the past 3 months and the price of PIVX keeps creeping up, and up, and up. The potential is huge, just like DASH it started off at around $5 or $6 in January 2017 and then soon it hit $10 it rocketed to over $100. PIVX is a mirror of DASH but the community thats drives PIVX is second to none.