PIVX, a very sexy name indeed. It stands for Private Instant Verified Transaction. Isn't it interesting?
Short Introduction
PIVX, Private Instant Verified Transaction, is an open sourced privacy focused Proof-Of-Stake Cryptocurrency. It is based on a more updated Bitcoin core and DASH. PIVX utilizes Proof-Of-Stake 3.0 protocol with a fixed block reward working alongside an innovative variable seesaw reward mechanism that dynamically balances the reward size between master nodes and staking nodes.
What is all this fuss about?
6 October, 2017:
PIVX is going to release it's core wallet 3.0.0 zPIV
13 October:
A mandatory wallet upgrade will take place.
16 October:
Already extremely secure and private, PIVX is aiming its sights on establishing the first truly anonymous crypto-currency. On 16th of October, they will be using Zerocoin Protocol as their Full-time Transaction Protocol.
Guys this is simply HUGE !
As you can see the team is very much active and doing some serious work. Just look at their Reddit, Slack, Twitter and even Steemit @pivx they are super active, engaging and responding queries. We have a lot to look for this month.
Did you know that PIVX has a fully operational self-funding decentralized treasury system?
Unlike the majority of current projects in the crypto space where millions of coins are pre-mined and then offered for sale to help fund the future project, PIVX was built, developed, 100% from self-funding. NO ICO.
So, all the good things are there. It's only a matter of time.
Price/Market Capital
Current Price: 0.00078283 BTC = $3.29
Market Capital: $175,275,724
PIVX is eating up all of the sell walls like PAC man
I just bought some PIVX this morning at 0.00083829 BTC, unlucky though :( With the current price I could have accumulated a few more. But it seems that the price is very well settled for those who would like to be part of the rally ahead. :) I expect it to cross $10 this week or may be this month but it will that I am sure of.
It's a wise thing to do so. A news is news, you can always gain some and lose some. But in this case even if you do not gain on the News, you don't have to worry as the coin have some tremendous growth potential and a super vigilant team with some serious business minds.
So, KEEP IT PURPLE!!!