Pivx Lite exists with the sole aim of becoming one of the most widely utilized privacy-based coins in the market segment. The stated mission of Pivx Lite is to be an open source, scalable, cryptocurrency that places user privacy above all else.  Financial privacy in the crytpo space has been overlooked by most market participants due to a lack of knowledge and the misconception that cryptocurrencies, in general, are private.  They are not.  We created Pivx Lite to facilitate instantaneous, secure and untraceable transactions, utilizing the latest state of the art cryptography and blockchain technology.   In short, we endeavor to make it impossible for a third party to figure out through chain analysis who the sender and receiver are and the amount of coins transferred in any block.  As explained in further detail in our white paper, we accomplish this task utilizing masternodes, coin mixing, shielded addresses with zk-SNARK encryption and The Onion Router (TOR).