Anna Kuptsova

What Is PIVX (PIVX)?

Protected Instant Verified Transaction (or eXchange) (PIVX), launched January 30th, 2016, is a decentralized, MIT licensed open-source, fair-launch blockchain/cryptocurrency project managed, developed, governed, and stewarded by a community driven decentralized autonomous organization (DAO). It has been designed, engineered, and tested using advanced cryptography protocols to provide, first and foremost, user Financial Data Protection. PIVX is Financial Data Protection.

While PIVX is based on Bitcoin's codebase fundamentally, it has undergone significant custom developments and integrations. PIVX uses a Proof of Stake (PoS) consensus protocol with its native cryptocurrency, denominated as "PIV". PIVX in many ways has continued to pioneer the Proof of Stake consensus algorithm. PIVX's advanced PoS is enriched with the Time Protocol v2 as well as the Cold Staking functionality which ensures higher security for coin owners and possibility to secure the network and receive staking rewards while coins are being cold stored offline on a hardware wallet.

The PIVX user's financial data protection is secured through a highly customized, open-source implementation of the vetted academic anonymity protocol zero-knowledge succinct non-interactive argument of knowledge (zk-SNARKs) Sapling. All of the user's transactional activities are protected by this protocol, called SHIELD.

PIVX is also fully compliant with the Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) requirements governed by the Financial Action Task Force (FATF). These regulatory bodies maintain regulation and laws concerning the use, transmission, and legality of digital assets and the associated data required to use them.

PIVX integrates other features including a 2nd layer of functionality through a Masternode network that provides a decentralized governance mechanism of voting; and is currently developing new features for this layer such as the Deterministic Masternode Lists, Long Living Masternode Quorums (LLMQs) and more, as well as including the addition of the anonymity protocol zk-SNARKs Sapling to staking and masternodes---all of these heavily customised.

All the PIVX supply occurs as a direct result of a static/fixed block emission rate plus any monthly budget allocation payouts. PIVX also has a dynamically calibrated coin-supply restrained by burning 100% of the transaction fees on the network. PIVX is an independent, application and payment agnostic blockchain. PIVX uses its native cryptocurrency (PIV) as both a means of rights-preserving, privacy enabling, near instant digital currency exchange as well as the reward for those who help secure, build, decentralize, and govern the PIVX network protocol. PIV is purchased and/or obtained to be held or staked (hot or cold) or locked in masternodes by individuals who want to participate in the network.

The monetary policy of PIVX is designed to enable a sustainable infrastructure service capable of supporting scalable, decentralized, and resilient node infrastructure, allowing for instant, private transactions globally, without astronomical Quantitative Easing (QE) and the corresponding resulting devaluation of the native coin, as experienced in other cryptocurrency endeavors.

PIVX as a DAO utilizes a decentralized network of masternodes that allow running various apps and services, treasury management, and community governance. PIVX has a built-in governance mechanism which allows masternode owners to vote for or against any submitted proposal.

What Makes PIVX Unique?

PIVX is a decentralized autonomous organization (DAO) that is self-funded and community-driven.

PIVX has the ability to perpetually self-fund development and other PIVX network supporting activities through monthly treasury payouts, which are based on successfully voted community proposals.

PIVX burns 100% of all transaction fees.

PIVX is a pioneer in Proof of Stake Privacy/User Data Protection. It only requires 1 PIV to stake.

PIVX Utilizes a Tier Two layer to it's network, deploying masternodes to help participate in the governance. Running a masternode requires 10,000 PIV.

PIVX lays claim to numerous cryptocurrency and blockchain firsts, including:

First Proof of Stake project with Masternodes

First Proof of Stake project with Blockchain based governance

First Proof of Stake project with blockchain based community self-sustainable funding

First Proof of Stake coin to Control Inflation by burning all the transaction fees

First Proof of Stake project to implement the Zerocoin protocol

First Crypto project to have its main website natively translated to 30+ languages

First Proof of Stake project to implement private staking

The first-ever successful implementation of zk-SNARKs based Sapling privacy protocol on Proof of Stake blockchain

PIVX Origins and Founders

PIVX was announced on bitcointalk.org on November 25th, 2015. On January 30th, 2016 at 04:10:07 UTC the first block of the PIVX network was created.

While the initial idealization of PIVX was originated by three individuals (Coin-Server, s3v3nh4cks, and Stakebox), the development and direction of the project remained stewarded and directed by the community. That being said, none of the initial founders have been active since late 2018.

The development since 2018 has been spearheaded by three core blockchain developers (Fuzzbawls, Furzy, and Random.Zebra) with over 20 years of combined blockchain development. Their combined efforts has continuously placed PIVX in the top 10 most actively developed blockchain projects according to messari and cryptomiso. The rest of the PIVX ecosystem ranging from marketing, web development, business development, and social media has been actively overseen by other members of the community, many of whom have been involved since PIVX's inception.

How Many PIVX Coins Are In Circulation?

PIVX creates a new block every 60 seconds. Each of these blocks create 5 new PIV, and allocates 1 new PIV. What does 'allocate' mean? To understand that, the PIVX governance model needs to be understood.

The PIVX governance model is a system that allows for funding to be generated for community proposals. Proposals are submitted to the system by the community, and they are voted on once a month. Those proposals that "pass" are issued the funds they have requested. This fund issuance occurs in a "Super Block", which occurs every 30 days. The available funds for each Super Block equals the number of blocks since the last Super Block, times the number of PIV allocated for the Super Block from each block. The math here is fairly simple, especially since this is where the one 'allocated' PIV comes into play. One PIV per block, and one block every minute, for 24 hours for 30 days works out to be 30 days x 24 hours a day x 60 minutes per hour x 1 PIV per block. 30x24x60x1 = 43,200 PIV allocated to the Treasury per Super Block. This forms the "budget" available for the proposals.

It is possible that exactly 43,200 PIV can fund passing proposals, with nothing remaining. But, this is rare.

Most of the time, a very high percentage (Usually 95% or more) of the allocated 43,200 PIV is created to fund proposals. As such, it is reasonable to estimate inflation to be based on 6 PIV per block being created. However, it is important to realize this is not exact. It is also important to realize that the PIV for Treasury funds is created at the Super Block, whereas the other 5 PIV is created with each standard block.

Reward Distribution

• 2 PIV per block is created and paid to the staker that wrote the block.
• 3 PIV per block is created and paid to the next masternode in the payment queue.
• 1 PIV per block is allocated to the Treasury Budget and [may be] created with the Super Block and paid to a funded proposal.

Maximum Coin Supply

The numbers below represent the theoretical maximum coin supply. The actual number will be determinant upon transaction fee burning and allocated PIV not required, of the maximum possible monthly budget generation. As a result of these factors, the actual number will most likely be less than these theoretical maximums.

Launched on 10/08/2018 by a team based in Korea, OBSERVER aims to address problems with climate information collection in the retail level to provide hyperlocal weather information in South East Asia.

OpenOcean is the DeFi & CeFi full aggregator. OpenOcean finds the best price, no additional fees, and lowest slippage for traders on aggregated DeFi and CeFi by applying a deeply optimized intelligent routing algorithm. Besides the aggregation of swaps, OpenOcean will continue to aggregate derivative, yield, lending, and insurance products and launch its own combined margin products and intelligent wealth management service. OpenOcean also provides API and arbitrage tools for users to do arbitrage transactions automatically. The vision of OpenOcean is to build a full aggregator for crypto trading that serves as a bridge connecting the isolated islands in the current fragmented DeFi and CeFi markets. Regardless of being a small individual investor or large institution, everyone should have the opportunity to trade at the best prices and apply their own investment strategies on various crypto asset classes.

LikeCoin (LIKE) is the native token of the LikeCoin chain built from the Cosmos SDK. LikeCoin is a inter-chain protocol and framework for decentralized publishing. It is an application-specific blockchain for building and bridging media to Web 3.

LikeCoin provides always accessible content metadata that guarantees ownership. It makes content easier to retrieve, the same as what gives an NFT its value.

LikeCoin’s decentralized publication framework (ISCN) can easily integrate with existing media platforms and connect with other blockchains. Ready-to-use tools for creators to produce, manage and own web 3 native content.

LikeCoin is a community-owned network where LIKE holders make decisions collectively via liquid democracy. Anyone can publish content, build applications and participate in governance.

What Is C.R.E.A.M. Finance (CREAM)?

C.R.E.A.M Finance is a decentralized DeFi lending protocol for individuals, institutions and protocols to access financial services. Part of the yearn.finance ecosystem, C.R.E.A.M. Finance is a permissionless, open source and blockchain agnostic protocol serving users on Ethereum, Binance Smart Chain Polygon and Fantom.

Users who are passively holding Ether or wBTC can deposit their assets on C.R.E.A.M. to earn yield, similar to a traditional savings account. For more information visit https://app.cream.finance/.

The C.R.E.A.M. Finance protocol was created as a Compound Finance fork.

C.R.E.A.M Finance is open-source, permissionless, blockchain-agnostic and offers yield farming rewards to its users in order to inclusively develop its network.

The project (which stands for Crypto Runs Everything Around Me) was launched unexpectedly on the Ethereum network on Aug. 3, 2020 through the YOLO liquidity pool. In September 2020 it went live on the Binance Smart Chain (BSC).

The CREAM token allows users to lend, borrow, stake assets and help govern the network, allowing them to vote on assets to support or delist.

Who Are the Founders of C.R.E.A.M. Finance?

The person behind C.R.E.A.M. Finance is Taiwanese entrepreneur Jeffrey Huang, who labeled himself as the “semi-benevolent dictator of CREAM” upon launch. Huang is also the founder of Mithril (MITH), the Ethereum-based social media platform.

The tokens have been allocated as follows:

• 10% (900,000) of tokens will go to the team and advisors, 75% of which will vest over four years and a six month cliff;
• 10% will be used as seed with four years vesting (one year cliff);
• 20% (1.8 million) CREAM will be used to incentivize liquidity providers;
• 60 (5.4 million) is allocated for governance.

What Makes C.R.E.A.M. Finance Unique?

C.R.E.A.M. Finance helps provide liquidity to important DeFi assets through automated market making (AMM), allowing users to borrow and lend supported assets and earn liquidity mining rewards in the form of its CREAM token by supplying any supported asset as collateral. In return, it collects swap, lending and borrowing fees from users.

The platform aims to list and support tokens important to the DeFi sector, for example the biggest stablecoins (USDT, USDC, BUSD, yCRV, etc), governance tokens (COMP, BAL, YFI, LEND, CRV, CREAM etc.), and other leading cryptocurrencies such as ETH, renBTC and LINK.

As an ERC20 token on the Ethereum network, CREAM can run Ethereum Virtual Machines through smart contracts, while users can create DAoos for its community, thus resulting in better composability, i.e. plugging different financial services into each other.

CREAM tokens can be staked for a period of up to four years in order to accrue rewards; however, it is important to note that there is no admin unlock available.Therefore, you will only receive your rewards at the end of your staking period.

How Many C.R.E.A.M. Finance (CREAM) Coins Are There in Circulation?

CREAM has a total supply of 9 million coins, of which around around 150,000 are currently in circulation. This will increase as more vested tokens are released monthly to stakeholders and liquidity miners.

How Is the C.R.E.A.M. Network Secured?

CREAM’s smart contracts are not officially audited at present by choice. Instead, Huang uses expert advisers (which includes Compound founder Robert Leshner) to improve security, inspect code and manage a multisig wallet to keep users funds safe.

Where Can You Buy C.R.E.A.M. Finance (CREAM)?

The top exchanges for trading in Cream Finance are currently Binance, Binance.KR, FTX, Hoo and Uniswap (V2). You can find others listed on our crypto exchanges page.

XCUR is the native utility token with the following use cases:

• Purchases on the marketplace
• Zero gas fees and no hidden fees
• Rewards to all buyers/sellers on every purchase
• Stake to accrue APY%
• Spent on partners and merchants i.e Travala.com, CoinPayments.net and many more such as Expedia and Viator.

How Many XCUR Tokens Are There in Circulation?

Curate minted 10M XCUR tokens in 2020. In December 2020, 15% of the supply was burnt bringing the total supply down to 8.5M. Circulating supply is currently 8,499,802 XCUR tokens.

Who are the Team behind Curate?

Curate is the brainchild of developer and CEO James Hakim who founded the project in Jan 2019.

Along with co-director and CFO Moe Carrim, work began on the project which focused on creating a marketplace for fashion and clothing aimed at millennials who use cryptocurrency.

Curate project became what is now, an all in one marketplace offering an NFT and physical/digital goods marketplace.

Curate employs more than 25 staff, including developers with experience at Google, Amazon and Joom.

The release of the Tritium Protocol in late 2019 ushered in the era of the TAO Framework being the first of the three major architectural upgrades (Tritium, Amine, & Obsidian). Nexus is a seven-layered software stack that powers a register-based process virtual machine, serving as a powerful DApp and contract platform creating value across many industries. Development is accessible via an array of industry-specific JSON-based API's including but not limited to: encrypted communication, digital identifiers, supply chain, asset management, cryptography, & tokenization.

Nexus uses post-quantum signature schemes (FALCON), and automated key management functions through a technology called 'Signature Chains'. This technology eliminates key management issues (wallet.dat's) by allowing users to access their accounts with the familiarity of a username, password and PIN. Additional technology being developed by Nexus includes a Decentralized Autonomous Organization (DAO) for governance, Safenet, a hack resistant Operating System, a decentralized satellite & mesh network all connected through a multi-dimensional chaining structure that employs sharding, low latency transaction finality, and truly decentralized multi-layer consensus.

Lossless is a hack mitigation tool for token creators.

Lossless was founded in Q1 of 2021 by a team of blockchain, cyber-security, fin-tech, DeFi and cryptocurrency experts.

LSS token provides the ability to participate within lossless network. Because of this, those who hold LSS token has the right to stake and therefore freeze fraudulent transactions, which will be audited and evaluated wether it was a hack or not.

Lossless set out to prevent and revert all upcoming hacks within the DeFi space, making it a safe industry for it to grow further.