PIVX is a privacy-focused, decentralized, open-source Cryptocurrency run by a global community run by creators, innovators, and technology enthusiasts.^[1]

Features

PIVX has a privatized network that verifies transactions almost instantly. The currency's backend is open-sourced.^[2]

The currency can be traded on most major exchanges such as Binance, Bittrex, Bithumb and Kucoin. The PIVX Team is comprised of community members voted in by masternode owners through the DAO.^[3]

History

Launched on Feb 1st, 2016 under the name of Darknet (DNET), after developments and increased community involvement, it was decided to professionally rebrand and officially change the name to PIVX to more accurately reflect the underpinnings of the community ideals and ideologies being hard coded into the cryptocurrency.^[2]

In 2018 PIVX achieved another milestone by becoming the first Proof of Stake cryptocurrency to provide full privacy with the zerocoin protocol including the ability to stake and earn zPIV privately, PIVX also added many improvements to the zerocoin code until removing it paving way for a new privacy protocol Q4 2020.^[3]