Channel: David Hay

Category: People & Blogs

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Description: Proposal submitted to PIVX forum.pivx.org/t/sos-venezeula-mass-adoption-through-an-economic-intervention-in-cucuta-co/3756 Trading at $4.69 10,000 pivx to create a masternode - $46,900 Private, Instant, Verified transactions PivX is a fork of Dash. It was a codebase fork not a blockchain fork. Dash and PIVX do not share genesis blocks. Largest difference is it’s 100% proof of stake Focuses on privacy Seesawing masternode operation doesn’t give advantage to older users Can switch between master nodes and stakers PIVX is a transactional security and privacy driven decentralized open source cryptocurrency. PIVX was launched on February 1st, 2016 under the name of ‘Darknet’ (DNET). PIVX features PoS, Masternodes and no premine. Private Transactions: Your transactions can be conducted without others tracing back who you are, how much you have, and who you’re transacting with. Instant Transactions: SwiftX technology allows PIVX to be used for point-of-sale situations where a locked payment is sent and confirmed 5 times in less than a second, while not being exposed to double spends that other cryptocurrencies are susceptible to. Open Source: You can read the source code yourself here. Fungible: Erasing the history of each PIVX transaction before you spend it makes your PIVX just as valuable as anyone else’s. Your coins can’t be blacklisted. Self funded: PIVX has it’s own fixed budget allocated for awarded proposal to maintain and improve the project, and is 100% self-sufficient. Proposal sumbitted to PIVX forum.pivx.org/t/sos-venezeula-mass-adoption-through-an-economic-intervention-in-cucuta-co/3756 10,000 pivx to create a masternode - $46,900 Trading at $4.69 2050 master nodes Users also have the option of staking coins Proof of stake, no mining Average transaction fee 3/100 cent 50 piv to submit a proposal ($600) Monthly budget of around 21,000 pivx about to double in April Designing a new style of governance. Masternodes voted to give up some voting rights to all the users pivxmasternode.org pivx.org/reward-system