Lymcoin Specifics

Pivx Lite generates a new block every 60 seconds. This is one of the fasted block times in the crypto space.
4 Pivxl coins are generated per block and with the implementation of Pivx Lite masternodes transactions are instant.

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.

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 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