#PIVX
pivx coin is grow PIVX coin is all about privacy and security in the crypto space! ๐ธ It's a decentralized, open-source cryptocurrency that focuses on user financial data protection using advanced cryptographic protocols. Here are the key details:
Current Market Status
- *Price*: Around $0.1602 USD, with a 24-hour trading volume of $3.22 million
- *Market Cap*: Approximately $15.21 million, ranking #986 among cryptocurrencies
- *Circulating Supply*: 94.89 million PIVX coins
Key Features
- *Privacy*: PIVX uses Zero Knowledge Proofs (zk-SNARKs) to ensure transaction confidentiality and user anonymity through its SHIELD protocol
- *Proof of Stake*: PIVX operates on a Proof of Stake (PoS) consensus protocol, promoting environmental sustainability and low entry barriers
- *Decentralized Governance*: PIVX employs a DAO (Decentralized Autonomous Organization) structure, enabling PIVX holders to vote on project development and fund use
- *Masternodes*: Masternodes play a crucial role in the functionality and security of the PIVX network, providing a second layer of services and requiring a commitment of 10,000 PIV as collateral
Use Cases
- *Private Transactions*: PIVX ensures financial privacy through SHIELD, ideal for those needing confidentiality
- *Micropayments*: PIVX is suitable for micropayments due to its low transaction fees and fast confirmation times
ยน ยฒ
Hope that helps! Do you have any other questions about PIVX coin?