Small request for a quick summary of PIVx for those who are just discovering it by someone who can verify it as correct information.
No speculation, just the status of the project. The speculation part is being handled by the market and it has been green for a while now
As requested.
For those who are new to PIVX, welcome!
General Info / Status Summary00. PIVX launched with a name called Darknet back in Feb 1 2016. It has since been re-branded to PIVX from Jan 1 2017. Same devs. Same community.
01. PIVX is an open source crypto currrency based on DASH so it inherited its core technologies such as Masternodes, Private and Instant Transactions.
02. PIVX uses Blackcoin's improved Proof of Stake 3.0 protocol instead of Proof of Work. So it is very efficient and fair.
03. PIVX had no ICO nor existing pre-mine as the initial amount (60k) used start the masternode network upon launch was publicly burnt at block 279917.
04. PIVX is based on Bitcoin 0.10.x core (and currently going to 0.13.2) which means it is up to date and will continue to be so.
05. PIVX employed a professional media company for its new logo (complete) & website development (go live is set for March 1 2017)
06. PIVX uses an innovative variable Seesaw Reward Balance System that dynamically adjusts its reward to masternodes and staking nodes.
There is a technical whitepaper for this feature.
https://docs.google.com/document/d/1G58gtDdQtT-8kV8Fu7_764Fxn0i5fs0jGURvz8KJlTE/07. PIVX has an active community and most active platform currently being Slack. We even have a tip bot! Auto-join link for Slack is
http://slack.pivx.org/08. PIVX community also uses Trello for open collaborative task planning and management.
https://trello.com/pivx09. PIVX has 5 core devs currently and is always open to new devs! Join slack's #development channel or PM s3v3nh4cks directly if you have any questions!
10. PIVX is available to trade on multiple exchanges including Bittrex, Yobit etc with plans to be added to larger exchanges in the near future.
11. PIVX currently has a monthly decreasing block reward with it reaching its final fixed size of 5 PIV per block beginning mid-May 2017. (~4.8% per year)
12. PIVX has a repository of guides with more planned including video guides and materials.
http://pivx.wiki13. PIVX has a very healthy number of masternodes to provide additional services. As of writing, we have 1605 which is ~30% of coin supply.
See here for current Masternode Payment summary & stats.
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html14. PIVX will remove coinjoin method of DASH and implement a full-time anon transfer using a modified libzerocoin protocol with non-optional minting. (ETA 2017)