The PRiVCY Crypto is ruffling several feathers in the crypto sector, and in the past week, the PRiVCY Crypto Price has surged by 92.26%. The PRiVCY Crypto Price has rushed by 13.22% in the last 24 hours, and in the past hour, the price grew by 0.52%.
The year 2021 was very eventful for PRiVCY Crypto, and when reports last came in, PRiVCY Crypto Price was $0.00547086, up by 67.3%. The coin has surged by an unbelieving +183.47% in the last month and an even more astonishing +190.39% over the previous 60 days. The coin is ranked #6239 as per Binance .com.
What Is PRiVCY – (PRiV)?
Cryptocurrency is primarily based upon blockchain technology and is deemed truly decentralized finance. However, today the crypto sector is going through a crisis, and many crypto assets like Bitcoin face security and trust issues with a centralized banking system. To solve these issues, the PRiVCY cryptocurrency project envisages providing privacy and security to people worldwide.
PRiVCY Coin (PRiV) is a digital coin that works on both protocols that are the PoS (proof of stake) and PoW (proof of work) mechanism, to deliver safety, confidentiality, uncomplicatedness, suitability, and fraud prevention to users.
However, despite the numerous benefits of the PRiVCY Coin, the mining was limited to a handful of miners, and one of the biggest reasons for the PoS protocol. This led to the PRiVCY project going for a hard fork from the existing coin to launch its new cryptocurrency, PRiVCY-Core 2.0.
The PRiVCY-Core 2.0 is a peer-to-peer cryptocurrency and works by employing the Controller Node & PoW mechanism and is also characterized by the ticker PRiV, like the precursor. PRiVCY-Core 2.0 was forked using the DASH codebase. It enables the coin with governance, transaction speed, and privacy.