01. welcome
PIVX LITE STORY
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. 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 below, we accomplish this task utilizing masternodes, coin mixing, shielded addresses and TOR.
02. Benefits
FAST AND ANONYMOUS TRANSACTIONS
Pivx Lite is fast, simple and cheap to transact with. Most importantly transaction can be made utilizing zk-SNARK cryptography to provide you with a high level of security and anonymity.
Fast Confirmations
Proven technology
Community driven
Low Fees
03. Evolution
MOBILE WALLETS ARE NOW AVAILABLE
The mobile wallets are now released and available on the Google Play Store and Apple Store
04.
Roadmap
fork pivx, set up testnet, set new spork keys, rebrand to Pivx Lite
Launch mainnet on January 8, 2020. Complete new website, setup Slack, Twitter and Reddit pages. Start coin swap with Quark 2.0 holders.
The dev team is continuing coin swap. The team is also in active discussions with 2 crpto exchanges to list Pivx Lite coins.
Update wallets with minor bug fixes. Release mobile wallets for Android and IOS platforms. Release TOR USB Hidden Wallet.
Continue to work on implementation of zk-SNARKS with anticipated 4th Quarter release.
Release new blockchain security, release new desktop wallets to support new chain. Continue with marketing and promotion.
05.
PIVX LITE COIN SPECIFICATIONS
Pivx Lite generates a new block every 60 seconds. This is one of the fasted block times in the crypto space.
2 Pivxl coins are generated per block and with the implementation of Pivx Lite masternodes transactions are instant.
POW was only active for a few days to generate the exact amount of coins necessary for a 1 to 1 coin swap of former Quark 2.0 holders. We have a snapshot at block 353,155 (August 2019) to swap out all coins 1 to 1. This means we mined 9,321,106 coins for the coin swap. Proof of work was then deactivated and the network is now supported by POS and masternodes only.
Pivx Lite uses the exact same masternodes as the current version of Pivx that includes Swift TX and obfuscation (8 rounds of coin mixing) to disguise the source of the transaction should you desire to use this service. This makes it virtually impossible for someone to uncover the details of the transaction with having access to a majority of the masternodes on the network.
Pivx Lite has extremely low transaction fees for normal situations. When sending Pivx Lite you have the option to send using Swift TX (sometimes referred to as “coin mixing”) which is based on Dash InstantSend but is better. This transaction costs slightly more but is still close to the cheapest in the entire crytpo community
Pivx Lite masternodes are based on the latest PIVX designs but with 2 very important differences. We require 100,000 Pivx Lite coins for a masternode and rewards are split 70% to masternodes owners (1.4 coins per block) and 30% to POS (.60 coins per block). For more information you can go here to learn more details.
07. Network
Growing Global
Network
Pivx Lite is slowly gaining popularity among crypto community. Lots of real companies and exchanges have adopted our coin already. There is much more to come. Stay tuned.
2+
Exchanges8+
Companies
9. EVENTS
Upcoming Events
zk-Snarks coming Winter 2020 to Pivx Lite
10. donate
Donate to Support
Development
Pivx Lite is not a pre-mined coin, so all of its development is funded
by kind people like you.
