PIVX, known as Puwei coin in Chinese, puwei coin is the abbreviation of private instant verification transaction. Pvi is a secure, privacy-focused and decentralized open source digital currency, which means that PVI is, in essence, designed, built, continuously optimized and developed to ensure the security and privacy of your transactions. Pvecoin is an open-source cryptocurrency based on bitcoin's core 0.10.x and DASH technology. It uses proof of Stake (PoS)3.0 protocol to ensure network security, and uses innovative variable warping board rewards to dynamically balance 90% of block rewards between the primary node and the equity accumulation node, with the remaining 10% for budget proposals. The goal of Pvi is to become a sustainable cryptocurrency through close to 24/7 instant private transactions, fair governance and a proficient community.

The goal of the PIVX project is to create a community-based electronic cryptocurrency with a responsive trading system and a fair management system. PIVX applied the black Coin's Proof of Stake (Proof of Stake) algorithm after completing the POW (Proof of Work) phase of 6 months. PoS2.0 and above abolished the coin age mechanism and allowed a fairer reward system, while enhancing node security. V2.0 v3.0 money supply is the main difference between the related variable block reward is fixed as the value of a static, in order to provide a more stable reward amount and liquidity, however PIVX more advance step by step created a push-pull type dynamic balancing system, allows the block between the main node and the rights and interests of numerical variable reward, To optimize and configure the two node network.