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PIVX is a privacy-focused cryptocurrency that emphasizes user anonymity and financial confidentiality through its zk-SNARKs privacy protocol, allowing transactions to be completely shielded from public view. The network uses a Proof-of-Stake consensus mechanism combined with masternodes, enabling faster and more energy-efficient transactions compared to Proof-of-Work systems. What distinguishes PIVX is its community-driven governance model where stakeholders can vote on protocol changes and funding proposals, making it one of the most decentralized privacy coins in the cryptocurrency space.