What is Private Instant Verified Transaction? PIVX is a form of digital online money using blockchain technology that can be easily transferred all around the worldShow more [+] in a blink of an eye with nearly non-existent transaction fees with market leading security & privacy.
PIVX is a multifaceted community-centric endeavor in the blockchain tech and cryptocurrency realms.This means that here are many components of what and who PIVX is and why PIVX was manifested.
PIVX is the fastest and lowest cost privacy-focused digital currency, using a Proof of Stake (PoS) consensus system algorithm allowing all owners of PIVX to participate in earning block rewards while securing the network with full node wallets.
Designed to be used as a viable currency that preserves individuals privacy and security, PIVX has the most sustainable supply model, is not susceptible to 51% attacks, is already globally distributed without centralization of coins to select few, is supported by thousands of passionate individuals in a Decentralized Autonomous Organization (DAO), and is already being accepted and used by merchants (online and physical locations) around the world.