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What is PIVX coin and how does it work?

by Financial Economy

In January 2016, thanks to the two co-founders, PIVX was born (formerly Darknet). The idea behind PIVX was to create a decentralized, open-source, privacy-focused cryptocurrency with instant transaction timeframe achieved thanks to the working DEVs in charge of this currency. Information about some topics that what is PIVX coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about Nash (NEX) coin.

What is PIVX coin and how does it work?

PIVX coin is an MIT-licensed, open-source, decentralized blockchain-based cryptocurrency that aims to be a pioneer in Proof of Stake (PoS) technology and focuses on exchangeability, transaction privacy, community management, network scalability, and real-world use.

It is stated that PIVX offers many advantages to its users. PIVX rewards anyone who holds PIV in their wallet. Users are rewarded with PIV for helping secure the network by keeping their wallets online and in sync.

PIVX’s core development team consists of 3 experienced Blockchain developers with a total of 14 years of active Blockchain development, each engineering and coding PIVX for 3 years. On top of that, several community developers continue to provide additional support on a regular basis.

PIVX purpose!

PIVX aims to be one of the most technically advanced, globally accepted online digital currencies. In addition, the team is known to be currently working on a new Privacy Protocol.

PIVX features!

The PIVX governance model is based on a blockchain-based system using master nodes, which allows community proposals to be funded based on voting consensus. PIVX is characterized as the first blockchain project to translate its website and materials into more than 30 languages ​​and proudly supports community centers and groups around the world.

Which exchange is PIVX coin on?

PIVX coin is listed on some cryptocurrency exchanges such as Binance, KuCoin, CoinEx, YoBit, Bittrex, etc.

How to buy PIVX coins?

PIVX coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

PIVX coin supply!

Total supply of PIVX coin is 69.280.332 PIVX.

PIVX coin price!

As of June 9, 2022, at the time of the writing, 1 PIVX coin price is around $0,129 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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