ALL ABOUT PRiVCY COIN

in #pos6 years ago

Since the introduction of Cryptocurrencies and virtual wallets as sources of an alternative currency for online transactions, there has been a general increase in the total number of coins hitting the market on a daily basis. These Cryptocurrencies makes use of a decentralized control contrary to the centralized nature of the banking systems.
PRiVCY coin is the newest cryptocurrency in the market at the moment and according to the creators, PRiVCY will serve as a solution to the issues of privacy faced while using other coins in the market. The world is going digital and the need to protect information in the digital world becoming a thing of concern, hence the need to introduce a virtual currency that supports a high level of privacy.

What is PRiVCY?


This is a new coin created by utilizing a number of security elements aimed at protecting the privacy of the users. It also regarded as the newest PoW/PoS revolutionary project. PRiVCY (PRIV) has been integrated with TOR and has stealth addresses which enable it to provide additional layers of security and privacy to the client and coin users. PRiVCY is a coin that offers fast, cheap and secure transactions which are ideal for everyday use.
As stated in the team’s aim and objectives, PRiVCY is anticipated to become the Number 1 virtual coin in the world. The team takes the privacy of the coin users to heart and this they are trying to achieve by maintaining a high level of privacy throughout the Crypto-currency market.
Unlike the other cryptocurrencies in the market, the PRiVCY coin team is aware of the exploitations going on in hardware and software and has adopted one of the best ways to circumvent them by trying to build the best product in the market.
In this article, we shall be looking at some important information about PRiVCY coins.

Specifications of The Coin


Name: PRiVCY
Symbol: PRiV
Total coins to be supplied: 30,000,000 PRiV
Total number of Coins Premined: 21,000,000 PRiV
Algorithm: X-13 Algo
Block time: 45 seconds

PoS Rewards is capped at 10% in the first year, 7% in the second year, 5% in the third year, and 1% in the subsequent years after pre-mining Distribution.

Airdrop
PRiVCY coin Airdrops will start from 9th June 2018 and will run for a period of 20 weeks (i.e. it will end on 20th October, 2018).

The distribution of the coins is expected to take place as follows;
1st Round 1 000 000 PRiV
2nd Round 550 000 PRiV
3rd Round 550 000 PRiV
4th Round 500 000 PRiV
5th Round 450 000 PRiV
6th Round 450 000 PRiV
7th Round 450 000 PRiV
8th Round 450 000 PRiV
9th Round 450 000 PRiV
10th Round 450 000 PRiV
11th Round 750 000 PRiV
12th Round 550 000 PRiV
13th Round 550 000 PRiV
14th Round 550 000 PRiV
15th Round 550 000 PRiV
16th Round 550 000 PRiV
17th Round 550 000 PRiV
18th Round 550 000 PRiV
19th Round 550 000 PRiV
20th Round 550 000 PRiV

You can register for the Airdrop on the PRiVCY Discord here: https://discord.gg/btkXn75
The wallet is available on Windows, Mac and Linux and you can download it on github: https://github.com/privcycoin/privcy
Website: http://privcy.io

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