Hey guys, I have a question.
Why was this coin so successful and popular?
Is it not just a fork of dash with slightly modified parameters?
Just curious, I want to know why this coin is so successful while many other privacy coins tend to lag behind.
Thanks.
Oversimplified answer:
- The parameters are much more than 'slightly' modified from DASH, and they're becoming more unique day by day (PoS, Zerocoin Protocol + staking, much faster tx time, fees burnt so low/negative inflation, and a ton of other things as outlined in the current roadmap: https://pivx.org/what-is-pivx/roadmap/). It's true that at the beginning PIVX was 'just' a DASH fork, but it's been diverging steadily through more than 2 years of active development. It's now among the most secure and innovative privacy coins.
- No historical baggage a la DASH's instamine issue; initial PoW phase was open to everyone and the 60K Piv that were premined to start the first 6 masternodes were publicly burnt.
- Long history of dedicated devs that deliver on planned features.
- Active, approachable community, especially on Discord (Reddit, BCT and the PIVX forum all have decent activity, but not as much as Discord).