PIVX is a privacy-focused Cryptocurrency.
- What is Pivx?
PIVX stands for Private Instant Verified Transaction.
The currencies main focus lies on privacy through the Zerocoin Protocol, instant verified transactions through masternodes.
- How was Pivx launched?
PIVX was launched on the 31th January 2016 initially called Darknet.
The codebase was forked from Dash and 60,000 coins were premined to run 6 initial masternodes.
The premined coins have been destroyed later in July 2016 when it fully switched to the Proof of Stake consensus mechanism.
- Who is the team behind Pivx?
PIVX is organized in a decentralized manner and everybody is welcome to contribute.
The core contributors shown on their website include 20 people with a wide variety of expertise.