Review on PIVX by LUIS RIVERO R
The purpose of this project is to protect the privacy of the users and the…
The purpose of this project is to protect the privacy of the users and the transactions they carry out, despite this there are many challenges for these cryptocurrencies to be fully accepted since they may be used for other cases that could be negative. But it is at a high level of development, anyone who is trained to contribute to the project can do so because they have a large community that also support its use and help it to be used more and more. I really like this project
Pros
- Privacy, offers the option to keep our assets private when we decide. The transactions are pivadas. Your asset and representation is this. It has its own chain of blocks, which provides speed and low cost in transactions, this is also due to the network architecture making an optimization in energy consumption in this way lowering the cost for data processing. This project is active since 2016, which provides support and solidity to it.
Cons
- Possibility that your network is used for the financing of groups that are outside the law. They have a somewhat difficult compertencia since there are other cryptocurrencies with this functionality and are well placed in the market. in the last months he had a low yield on his quotation.
