Source. Crypto info.com
What is PIVX?
PIVX stand fors: Private – Instant – Verified – Transaction(Tx). PIVX is a pioneer in Proof of Stake (PoS) technology and an MIT licensed, open source, decentralized blockchain-based cryptocurrency focused on achieving fungibility, transaction privacy, community governance, network scalability, and real-world utilization to become one of the most technically advanced globally-accepted online digital currency.
PIVX is implementing a new privacy protocol (ZcashSapling) that will provide improved privacy, usability, and performance compared to our previous solutions. Performing a 51% attack on PIVX, a highly decentralized Proof-of-Stake network with no possibility of highly concentrated mining pools or delegated nodes, is next to impossible.
PIVX is a globally distributed decentralized organization with no central ruling company. No headquarters, CEOs, or CFOs. It is maintained by the community.
