The world of crypto-currency is ever-evolving. With new coins popping up all the time it makes it harder to shuffle through the different companies to find a substantial investment. One of the many complaints about the digital currencies is the lack of privacy when it comes to holdings. But that has all changed with PIVX. PIVX has become the world’s first proof-of-stake digital currency that is nearly anonymous.
Back in 2017, PIVX made its debut and for a while had a massive rally around it. Several investors made their claim and cashed in on one of the unknown companies doling out digital currencies. Since then, PIVX stepped out of the limelight to readjust. Now they are back better than ever with their proof-of-stake crypto-currency.
We saw just a few days ago that #zPOS is now live on the #PIVX core wallet:
— masternodes.today (@masternodes_td) June 17, 2018
A Bit about PIVX
PIVX isn't a new player in the game of digital currency. They launched on January 31, 2016. The masterminds behind PIVX were two members from the DASH community who saw the potential of DASH and wanted to expound on it. Instead of using DASH's ‘proof-of-work' system, they wanted a more realistic approach. Also seeing how privacy is such a significant concern for many investors, they rolled with the idea of making the first anonymous currency that allows for staking while staying behind the curtain.
So why haven't you heard about them before? Well, PIVX is only sold on one exchange at the moment called Bittrex. However, with the company's new exchange coordinator, they plan to hit all the major exchanges. When they are presented on the other markets, there won't be anything stopping them. This will be one opportunity you wished you jumped on sooner.
Proof-of-Stake and Going the Distance
For many, the difference between ‘proof-of-stake' and ‘proof-of-work' is fairly unfamiliar with the general crowd of investors. The major difference between the two is that ‘proof-of-work' requires a mining algorithm. However, with ‘proof-of-stake' all an investor needs are the coins in their wallets to prove the currency is doing well.
PIVX may be an altcoin, but the company has been using ‘proof-of-stake' technology since 2016. With the knowledge the company has gained over the last year, new developments have come through allowing PIVX to introduce the world to the only digital currency that allows holders to remain anonymous while still staking coins.
In the past, a coin could only be one or the other. If you wanted anonym, you wouldn't be able to stake the coin. Now, with investors can have the best of both worlds, or get their coins and stake them too. Along with this new way of dealing with crypto-currency, PIVX is allowing limited voting privileges that will enable investors to earn interest while staking.
The Future of PIVX
As of this listing, PIVX is priced insanely low at only $5.3551 per coin with a market cap of $300,806,755. If you look at a few of the competitors like Ethereum, that goes for around $800 a coin. That being said, PIVX is on the edge of greatness with its ability to be interchangeable.
To put things into perspective, imagine you have a $100 bill in a see-through plastic wallet. Everyone knows you have it and anyone at any given time can see the shape of the bill and if it is crisp and clean or old and tattered. Now, imagine having that same bill in a leather wallet. No knows you have it, but you and you can do with it what you will without any prying eyes spying on what you do with your money. That is what PIVX is to digital currency. They have developed a way for you to keep your earnings and stakes private from the world while earning interest.
In this digital age, PIVX will soon be as simple to use as Paypal or Apple Pay, only without the extra fees that are taxed on to each transaction. Only instead of PIVX wallet just being used online, their goal is to be the go-to currency allowing consumers to use their funds and digital wallets anywhere at any time to anybody.
You can see the video here where he talks about how Z-P-O-S is positively privately and rewarding users as the first proof of stack privacy coin with Zerocoin implementation.
Jump On Board
So when it comes to crypto-currencies and looking for the most significant opportunity right now, PIVX has to be it. But if you need reasons to jump on board with PIVX then check out: https://twitter.com/_pivx/status/994970107527884800.
There has never been a better time or opportunity than right now. If you want even more information about PIVX, then check out https://www.youtube.com/watch?v=NaefDMeB1-g .
The price of PIVX won't stay low forever. If you are looking for a solid investment, this is it. The wave of the future is with crypto-currency and PIVX is the board you need to ride into tomorrow.