Header banner
Revain logoHome Page
Hannah Apuede photo
Runtown
1 Level
58 Review
4.25 Karma

Review on PIVX by Hannah Apuede

Revainrating 5 out of 5

PIVX is a super cool decentralized autonomous organisation.

PIVX,is a digital platform that describes itself with high quality support profile and also provide User Data Protection situated blockchain task and digital money, which was certainly declared on November 25th 2015 and reasonable dispatched on January 30th 2016. Upon its dispatch (in view of the quark Proof of Work algorithm), it had no ICO, no instamine or unending engineer premine. PiVX changed to a Proof of Stake algorithm on August seventeenth 2016 and has spearheaded Proof of Stake just as User Data Protection conventions from that point forward. Its users information assurance comes through SHIELD, which is an exceptionally altered secrecy protocol dependent on zk-SNARKs Sapling coordinated into Proof of Stake.



Furthermore,it propose to be a platform with a vastly improved similarity and security which is positively unique in relation to different platforms. Thus,PIVX likewise has a progressively aligned coin-supply controlled by the consuming of all exchange charges. It is better considered as a free, application and payment rationalist blockchain which utilizes its local cryptographic money (PIV) as both a method for users information protection, close moment computerized cash trade just as the reward for the individuals who help secure, form, decentralize, and administer the PIVX network protocol.

Pros
  • It is a platform driven by a decentralized autonomous organisation(DAO).
  • PIVX has a dynamic coin-supply restrained by transaction fees.
  • It adopts an agnostic blockchain payment system.
  • Approved for staking either with a Hot or cold wallet.
Cons
  • I have none on this project for now.

Similar reviews