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FAQ:
Q: How does PIVX work as a cryptocurrency?
A: PIVX Coin – The Cryptocurrency. The cryptocurrency PIVX works with the Quark algorithm. This algorithm has been programmed to work with little memory space and energy. The algorithm is a lightweight. Lightweights are particularly important at the interface between cryptographic protocols and RFID technology.
Q: What kind of coin is PIVX privacy coin?
A: PIVX is a promising privacy coin aiming to be an easy-to-use digital cash replacement. There have been a few hiccups surrounding the implementation of the privacy technology, but the community and development team are active, engaged, and optimistic.
Q: What kind of currency is PIVX proof of stake?
A: It is a Proof of Stake cryptocurrency with Zerocoin protocol implementation. PIVX has 2-tier currency: a regular coin for ordinary transactions, and an anonymous zPIV (which can be staked) for private transactions.
Q: What’s the market capitalisation of the PIVX coin?
A: PIVX Coin – Introduction. PIVX Coin is an open source cryptocurrency. It has a market capitalisation of 191 million US dollars, of which almost one million US dollars are traded every 24 hours. In the company’s manifesto, PIVX describes that the private sphere is a human right.