Topic: what is PIVX, is it DASH clone? - page 3. (Read 8125 times)

How can you say the market cap is tiny? Its 20million down from 40m. Big cap projects like Steem are only 40m. Even if this has a future its run up too quickly and will need a correction. My hunch is it will shit its pants down to 10m or less.

Whenever I read this coins name to myself its sounds like PI VROX......ie Pirates!!! lol

Try 0.004

400% in a weekend is just scratching the surface--the market cap is still TINY.  Poloneix will pick this up soon and then the bull run will REALLY get started.

if the situations is like yesterday, i am sure pivx will be increase more higher because i see in bittrex, there are so active trading and i see there are many movement in buy and sell order and it gets dump and pump in many times and now the price is around in 0.0003x btc soon it will be 0.0004x if its possible gets another pump.

This is a good point. It is not a super easy thing to implement. There have been a few failed attempts in the past. Furthermore, the only successful attempt that I know of (ZCoin) had a bug that was exploited.

Although it was quickly fixed, the exploiter made off with approximately $776,900 worth of ZCoins. "A total of 388450 XZC were created from this bug." ZCoin was worth around $2 at the time of the exploit.

https://zcoin.io/language/en/zcoins-zerocoin-bug-explained-in-detail/

AFAIK they are using coinjoin (same as dash), but are migrating to zerocoin, which is far better privacy than coinjoin. According to the roadmap they are applying zerocoin protocal to all transactions which is better than what zerocash is offering. Not sure if any staking system avoids centralization over time, but it's better start than its predecessor.

Does PIVX have an advanced coin mixing mechanism compared to DASH (which is obsolete nowadays)?
Since DASH effectively gave up anon transactions and goes into the paypal direction, whats PIVX's stand on this?

How close it PIVX to implementing zero knowledge protocol? Many have tried.

Though did I read that some of the people were involved with Librex coin, which had been looking into zero knowledge for years?
https://coinmarketcap.com/currencies/librexcoin/

though my memory could be playing tricks on me.

For you maybe, Bittrex is, and always was pretty fast for me. Otherwise I wouldn't use it.

lets hope some exchange will add it that has working servers... takes 5 mins for the graphs to load on bittrex.

Considering Polo added way shittier coins, I'd be surprised if they wouldn't add it.

It is going to be a very unique pos anon coin if the devs come through with all their plans.  The scope for pivX just keeps garnering more and more interest from many parties. I wonder how large the contributor team is on this now?

PIVX is cooking with gas right now.

Community just passed 650 on Slack. Everyone is welcome. The team is very helpful with support, you can get involved in marketing, web, or other community functions. Also a number of multi-language channels and random channels like trading, etc. You can join here: http://slack.pivx.org/.

Development team has proven in both updates and governance they have the ability to take this platform to the next level. Libzerocoin will introduce unparalleled privacy features. Staking/masternode rewards are reaching low-inflation levels, so supply of coin is decreasing.

Also community seems pretty committed (which is why there is small sell-side supply). People are holding.

I like Dash, I have Dash and made a lot of money with Dash, but Dash is not sustainable. Too centralized; instamined unescapable controversy.

PIVX has taken what is good from Dash added fair launch; and is now adding brand new features, and a new core code that will boost anonymity like crazy.

Also, just lost a lot on ShadowCash. Example of how developers who do not know what they are doing can destroy a coin. From what I can see PIVX development team is highly, highly engaged with community, and supportive/collaborating with all members.

My take is PIVX will soon either be added by Poloniex, or start being used on dark markets.

yes that's why pivX is different. It is not a simple dash clone. It takes some ideas from dash and is improving them.

It also does not have a scam start holding it back. I think if they can complete what they have planned it will exceed dash eventually.

yeah this is a typical trend in the altcoin, when a coin get attention, its clone get attention too, and they have higher chance to be pumped, also you will see more and more newbie dev that run for making a clone of dash, just look at the altcoin announcement, i see already two dash clone one is scrypt algo

Yeah it's PIVX is improved version of DASH and have something more that the original one is not offering right now. I think this coin has good future will be more worthy in future.

I didnt know bytecoin was before monero!

learn something new every day.

Clones do well if the original didn't get it right. PIVX improves upon dash in some ways and most importantly the distribution was not as obviously unfair.

Consider bytecoin and xmr. Clones can do much better in some cases

PIVX is different from DASH just as much as DASH is different from Bitcoin.

Just because once it started with Dash code it doesn't make it its competition.