PIVX Blockchain Development Company
Are you a cryptocurrency or blockchain lover?
Your answer: Yes I am!!
Well, then you must be interested in listening to what I have to say today about new trending crypto technology in the market!
But wait, do you know what type of cryptocurrencies have arrived in the market and what are the main role they play in crypto space? Why most of the business people and start-ups to large enterprises are interested to launch digital token or crypto-token for their business purpose? How business is adapted to trending technology like BLOCKCHAIN?
Well, with the introduction of Bitcoin and the blockchain, a business race has started to make many things decentralized and digital ecosystems.
From our day to day life, to our money, to our real-world asset’s contract, everything is being revamped to be taken to the immutable blockchain technology and now many industries are going on the blockchain, and the project behind it is PIVX.
PIVX is the cryptocurrency of this new ecosystem, and they are here to solve some of the fundamental problems and friction points of the decentralized based fintech industry.
And that is what we are going to discuss today…
What is PIVX?
PIVX is an open-source, decentralized blockchain-based cryptocurrency that focuses on privacy, security, and instant verified transactions.
PIVX (Private – Instant – Verified – Transaction(Tx)) is an open-source peer-to-peer digital currency based on blockchain. Its purpose is to become the universal online digital currency for users worldwide, to empower developers both big and small in order to further grow the billions and billions of dollar fintech industry and to accelerate the wide adoption of decentralized cryptocurrencies as a better alternative to government-issued fiats like USD, Euro and so on.
PIVX is a pioneer in Proof of Stake (PoS) consensus algorithms and an MIT licensed, a decentralized blockchain-based cryptocurrency focused on achieving fungibility, transaction privacy, community governance, network scalability, and real-world utilization.
History of PIVX:
PIVX was originally launched as DarkNet (DNET) on January 30, 2015. On January 1, 2017, DarkNet was rebranded as PIVX, stands for Private, Instant, Verified, Transaction.
PIVX coin has a completely customized code-base of Bitcoin core 0.10.x and DASH, which is handled by six full-time core developers, including an academic/professional cryptographer and additional support from many part-time and volunteer workers.
The Team Behind PIVX:
The PIVX team covers tech people with the idealistic thought process. It consists of techies, research, business and professional experts who are passionate about decentralized ecosystems. Some of the representative members of their team are:
Ref - PIVX.ORG
PIVX Core Specification:
- Consensus Algorithm: PoS + zPoS Hybrid
- Block size: 2 MB
- Block Time: 60 Seconds (Re-targeting every block)
- Transactions per second: 173 TPS (current theoretical maximum)
- Mine-able: No
- Stake-able: Yes (Earn block reward from coin ownership)
- Masternode Support: Yes, 10,000 PIV per masternode
What Are the Benefits of PIVX?
PIVX is also energy efficient than other Proof of Work (PoW) crypto coins like Bitcoin due to the PoS consensus algorithms. There is also a network of masternodes that manage the PIVX blockchain.
Masternodes guide the network and can vote on decisions regarding the future development of the crypto coin. There is also self-funding storage that releases funds for the new development of the PIVX blockchain.
Explore here - What is Masternode Cryptocurrency?
Unique Features of PIVX
- PIVX is an anonymous P2P cryptocurrency.
- PIVX is running towards Private Instant Verified Transactions as its default transaction.
- PIVX uses immutable Blackcoin’s enriched Proof of Stake 3.0 protocol instead of PoW. So it is more efficient in keeping the network secure than PoW.
- PIVX is Community Driven.
- PIVX has incredibly low transaction fees that are typically a fraction of a penny due to the PoS efficiency. This means it is perfect for micro-transaction business pricing models that previously existed using Bitcoin.
- PIVX is dependent on Bitcoin 0.10.x core which means it is more up to date than most other PoS cryptocurrencies that usually use a lower Bitcoin core version.
- PIVX has a highly active, accessible, and responsive development team.
- PIVX is possible to trade on multiple exchanges including Bittrex and Binance.
- PIVX has had always higher profitability percentages related to other cryptocurrencies using masternodes like DASH since launch.
- PIVX has a very large and growing active community on multiple social networking sites like BCT, Discord, Reddit, Twitter, Gitter, Facebook, etc.
Here, I would recommend you watch this short video on how the decentralized blockchain-based PIVX works? This will help you quickly grasp why PIVX matters and what they are doing.
Ref - PIVX.ORG
Why PIVX Is Better Than Bitcoin?
PIVX has many unique features that make it different from other cryptocurrencies like Bitcoin. Because of these differences, some see it as a promising digital currency.
- Used Proof of Stake Consensus Mechanism
- Community Designed Governance (CDG)
- Balanced Coin Inflation and Deflation
- ZPIV(Zerocoin) for Privacy and Anonymity
- Instant Transaction with SWIFTTX
- Seesaw Rewards Mechanism
- Low Transaction Fees
Ref - PIVX.ORG
Market Cap of PIVX:
How To Buy PIVX?
You can buy PIVX from popular exchanges:
- Crypto-bridge (DEX)
The official PIVX Mobile wallet is now available for Android and iOs! Download from Google Play and Apple Stores.
- Hardware Wallet – Ledger Nano S
- DESKTOP WALLETS v4.0.2 – Windows, Mac, Linux, PIVX Light Wallet
- Mobile Wallet – PIVX ANDROID WALLET, PIVX APPLE WALLET
- 3rd PARTY WALLETS - PIVX is on MAGNUM, COINOMI
- Paper Wallet – PIVX paper wallet
Does your business need the most advanced PIVX blockchain solutions for the development of the crypto coin to streamline your business processes in a secure ecosystem? You have arrived at the right place!
Developcoins - PIVX Blockchain Development Company
Developcoins, Renowned PIVX Blockchain Development Company specialized in delivering advanced Enterprise-focused Blockchain Solutions to bring privacy and security through immutable blockchain network implementation. With a strong knowledge of PIVX Blockchain, we hold all the outstanding features of the best PIVX Blockchain Development Company.
Why Choose Developcoins?
- The unmatched Blockchain development Services and Solution Provider around the world
- Proficient in cryptocurrency and smart contract development
- Skilled at PIVX and other blockchain platforms
- Well-experienced and enthusiastic PIVX blockchain developers & experts
- A better understanding of clients business requirements
- Custom PIVX blockchain development services and solutions
- Knowledge of Blockchain networks and programming languages
- 24/7 Customer Support
- 100% Quality Assurance
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