PXCoin (PX) is a decentralized digital currency that utilizes the Ethereum structure. It has been swapped from Pexcoin (PEX). The coin's aim is to simplify the use of cryptocurrencies by the masses. It will be used for regular transactions and can be swapped for other digital currencies as well as fiat. It also secures cryptocurrency from violent market variations.
PX coin utilizes SHA256 hashing algorithm, and a combination of Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanismShow more [+] r mining but it’s never premined. The coin has it's own official wallet in various versions. These versions include PX Windows, Android and Mac/OSX Wallets. The coin is listed for trading on IDAX and YoBit exchanges.
Behind PX project is a team comprised of blockchain and technology enthusiasts. These experts include the project's co-founder and lead developer is Jean-Paul Vasilieres, co-founder and project manager head, Colin Hayes, co-founder and head of design, Alex Griffin and core developer Lachian Greenbank among others.