PIVX PIVX Price 0.01310101

What is PIVX? The MIT licensed open-source, fair-launch project managed, developed, governed, and stewarded by a community driven DAO was launched on January 30th. A Proof of Stake consensus protocol is used. The PIVX user's financial data protection is secured through a highly customized, open-source implementation of the vetted academic anonymity protocol zero-knowledge succinct non-interactive argument of knowledge. The coin supply is restrained by burning the transaction fees. The monetary policy of PIVX is designed to allow for instant, private transactions without the associated devaluation of the native coin. Each block creates 5 new PIV and allocates 1 new PIV. It's reasonable to estimate inflation based on 6 PIV per block being created. The staker that wrote the block gets 2 PIV per block. The maximum coin supply is represented by the numbers.