Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN
by
B1tUnl0ck3r
on 06/03/2018, 17:06:30 UTC
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).


When I see what is happening to those invested in zcl... I can only thank so much the devs and all pivians for honesty and integrity. What ever the price now, the real thing is that those have no price per se, but mean everything at the same time Smiley

Now about your inflation comment, remember if you stake or run a masternode, you only have negative inflation, because your stake increase with the rate of coin supply expansion and as you say some pivx are burnt.

included in current Roadmap due by end of March, coming soon ....   Cheesy

In Wallet Proposal Tab
Users will be able to easily perform all PIVX governance functions from within the QT wallet’s graphic user interface. There will be no need to access websites or vote from the debug console.



In Wallet Voting Tab
Users will be able to easily vote for all PIVX proposals from within the QT wallet’s graphic user interface. There will be no need to access websites or vote from the debug console.



nice thanks for the update !

purple power !