Market Rank | ? |
---|---|
Market Cap | ? |
Volume 24h | $ 1.3 |
Circ. Supply | ? |
Total Supply | 30.0M |
Max Supply | ? |
The current price of PRiVCY (PRIV) is $ 0.00010682. Over the past 24 hours, it has decreased by -5.87%.
PRiVCY (PRIV) is a digital cryptocurrency designed to prioritize the privacy of its users. It's a hybrid crypto that utilizes both Proof of Stake (POS) and Proof of Work (POW) mechanisms with the X13 algorithm. The concept is to offer secure, private, and anonymous transactions, living up to its name "PRiVCY."
PRiVCY was developed by an anonymous team of developers. This is in tune with the privacy-centric nature of the coin. The team's identities remain unknown, but they claim to be dedicated to creating a cryptocurrency that truly respects user privacy.
PRiVCY works by utilizing the X13 algorithm, a complex hashing algorithm known for its security. This algorithm is used for both the POW and POS mechanisms, helping to keep transactions secure and private.
In POW, miners solve complex mathematical problems to add a new block to the blockchain and in return, they get rewarded with PRiVCY coins. In POS, individuals are selected to create a new block, depending on the number of PRiVCY coins they hold and are willing to 'stake' for the network.
By combining both methods, PRiVCY aims to maintain a level of decentralization and offer enhanced security and privacy.
PRiVCY coin's unique feature primarily lies in its focus on privacy, backed by a complex algorithm, and its hybrid nature, incorporating Proof of Stake and Proof of Work mechanisms. This hybrid system aims to create an optimal balance between mining and staking, giving all participants the opportunity to contribute to the network and reap rewards.
The total supply and the circulating supply of PRiVCY coins is 30.0M and , respectively.
You can purchase PRiVCY coins from the following exchanges: Coindeal, CREX24. Remember always to choose a reputable exchange for your transactions.
Storing your PRiVCY coins securely is crucial. You can store your PRiVCY coins in a digital wallet that supports privacy coins and X13 algorithm-based cryptocurrencies. Always remember to use wallets from verified and trusted sources, and make sure to keep your private keys confidential to maintain utmost security.
The current market capitalization of PRiVCY is $ and it stands at rank #1 in the global cryptocurrency market ranking.
The 24-hour trading volume for PRiVCY has been 1.3. It shows the recent popularity and trading activity of the coin.
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