$PIVX : A more private and democratic cryptocurrency, PIVX focuses on privacy protection and community autonomy. Its goal is to create a digital currency system that is fast and discreet in transactions, with rules determined collectively by the coin holders.
Core Technical Highlights:
Stealth Transactions: Unlike Bitcoin's public ledger, PIVX uses cryptographic technology (such as the Zerocoin protocol) to hide both your transaction counterpart and amounts, ensuring privacy.
No Mining, Just Holding: It completely abandons energy-consuming mining (PoW) and instead uses staking (PoS 3.0). Simply put, you just need to keep your coins in an online wallet to participate in maintaining network security and earn new coin rewards.
How is the money distributed? Dynamic Balancing: The system allocates 90% of new coin rewards to two types of participants:
Masternodes (high-level nodes that lock 50,000 PIV, responsible for privacy transactions and voting)
Regular Stakers (ordinary coin holders)
The reward ratio is not fixed; the system dynamically adjusts based on the number of both types of nodes to ensure that both parties are motivated. The remaining 10% of coins are reserved for community proposals (such as developing new features, market promotion), which are decided by votes from everyone.
Governance Features:
The early PoS 'coin age' rule (the longer you hold coins, the greater your voting power) has been abolished, replacing it with a 'one coin, one vote' system for fairness. Masternodes have more say in key decisions, but budget expenditures are completely driven by community proposals and voting.
In a nutshell: PIVX aims to achieve more discreet transactions than Bitcoin through technology, and uses economic models and governance mechanisms to truly empower coin holders, becoming a sustainably operating community currency.
It’s better for everyone to enjoy than for one to be alone; you extend your hand, and I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT
