Is this coin still relevant? The only reason is I purchased a wile back and forgot about. after doing a bunch of research it doesn’t seem like there is a good case for the use of PIVX. Compare to Montero or z cash or bitcoin... Can someone help with better research data. It seems it fell from top 10 to top 100.
We try not to compare but those are all PoW. PoW has poorly-aligned incentives when multiple currencies are GPU-mineable. Bitcoin is safe from this but there's a problem with an ever increasing power-requirement.Zcash is gives 10% of the PoW block reward to investors, founders and developers. PIVX is sorta like Dash (democratic funding) + Zcash (zero-knowledge proofs) + Blackcoin (PoSv3) + Monero (tail emission + elastic blocks + incoming I2P integration) + killer community (ambassadors, active members, DAO-funded projects) and reliable, innovative developers who have repeatedly unveiled completely new innovations eg. zPoS.PIVX has scalable privacy and high security regardless of how the computational landscape might change as well as a proven commitment to innovation.
another beginner question; I dont mean to sound parinoid, I'm just checking my understanding; If a public/private pair is created offline and the public number can have tokens sent to it but for someone to check the balance the they would need to enter the private number into some client, right? This is one of the major differences from bitcoin right? If the private number of lost then then those tokens are lost but since the network has inflation its not determintal to the network. in BTC the number of availabe tokens is decreased permently.
I noticed two blue dots below one, I take that to mean even my wallet has a chance. I havent found a way to earn coin yet. I'm a SW engr but I dont give away my effort for nothing, I'm also not a currency trader so I dont buy or trade; It like in the real world, I need to earn to play. I used a faucet just to get something above zero to better understand how its allto work but that was a huge waste of time for almost nothing.
And the tech is solid, I had 2 dash nodes back in the day. Had them since it was dark coin. I sold off when dash mooned to 5 bucks and felt like a genius cause I wouldn’t have to deal with keeping 2 masternodes up. Dude... don’t be me...
Dash Stress Test Passes 3 Million Transactions, Smashes Bitcoin Cash Record by Nearly 50% | Dash Force Newshttps://www.dashforcenews.com/dash-stress-test-passes-3-million-transactions-smashes-bitcoin-cash-record-by-nearly-50/
Dash is making some cool progress. PIVX has a different set of challenges for the most part. Our Zerocoin transactions are much larger. This is why Bulletproofs could be helpful.We also have a tail emission and will have elastic blocks which in the opinion of some, has solved the scaling problem.Over time, thanks to our DAO, PIVX can fund it's own development. Our nodes and Masternodes will get more capable over time too.Dash has a long term plan to create Dash ASICS and hardware requirements for Masternodes. They will scale blocksize heavily. I think blocks go up from 5MB to several hundred megabytes.
So, Dash and Monero are PoW.Monero has a tail emission of 0.6XMR per block. This means miners are always incentivised to verify transactions even if fees are low.PIVX also has a tail emission which is the current phase. This is because we are PoS.PIVX is a fork of Dash which I believe is a fork of Litecoin which is a fork of Bitcoin. We utilise code from a huge range of currencies including Zerocoin.We have no smart contracts haha.
My personal belief is that PIVX currently has the best vision of privacy in the top 100 MCAP coins. People do not currently value privacy enough. We know this as people compulsively give up personal information on social media, don't object to privacy-destroying policies from governments and have a "nothing to hide" attitude to life.I am of the opinion that we need privacy as a fundamental human right and that the vast majority of the top 100 coins do not accomplish this in a sustainable way.
Coming Soon for PIVX1. Major 3.2 core wallet with Atomic Swap (BIP 65), ZKP Pre-compute, UI/UX improvements & more.2. World's first SPV mobile wallet with Zerocoin Light Node Protocol privacy support.3. Another top tier exchange listing. Follow us on Twitter
I'm sure a piven but i would like to determine the annual return of investment of serveral coins too. To determine the annual reward of each coin I have to download each blockchain. To avoid this I would like to use external services. I hope it became understandable.