Scalability in cryptocurrency determines the number of transactions carried out on a platform in a short period. Scalability is a massive problem in blockchain technology. It has massively discouraged the adoption of cryptocurrencies. Privatixy Token (PXP) offers scaling solutions to ensure a better platform experience.
Ethereum suffers from scalability issues. Eventually, Ethereum (ETH) scalability issues lead to massive gas fees. Gas fees can be very discouraging and prevent crypto traders from using certain cryptocurrency platforms. Privatixy Token (PXP) has features in place to solve this issue.
Cryptocurrency platforms find themselves at the mercy of security issues. Decentralization has been a massive help in curbing these issues. However, these platforms are still at risk of cybercriminals, which increases the need to find more solutions to such issues. Privatixy Token aims to improve the privacy of blockchain technologies.
Privatixy will utilize the Zero-knowledge proofs system and blockchain technology to precisely control what information to share with its users, thereby optimizing privacy preservation. It effectively puts the power back into the hands of the users and gives them complete control of their information.
Ethereum (ETH) and Privatixy Token (PXP) platforms utilize smart contracts. Privatixy's smart contracts are more inclined towards achieving decentralized identities. It achieves this by offering access to smart contracts that adhere to privacy preservation frameworks. These smart contracts automatically enforce rules and penalties in line with the agreement.
Blockchain security tops the list of Privatixy goals. It carries out several risk assessments to ensure the network is secure. Via security testing methodologies and secured coding practices, it will protect the blockchain from online frauds and cyber attacks. Privacy-preserving audits are carried out in light of current threads of cyber-threats.
Interestingly, users who buy the PXP token on its presale with ETH can get a 10% bonus. Users who make a second purchase during the presale get an added 50% bonus. Buying PXP for the third time during the presale gives users an extra 80% bonus.
Further, the platform offers referral rewards to users. The referrer and referee get a $40 bonus for every $100 spent.
Purchasing the PXP token with $100 allows an early holder to access a 1% bonus. Holders get 3% when they purchase PXP for $250. Also, buyers get an 8% bonus when they purchase the token with $500, and a 19% and 40% bonus for buying with $1000 and $2500, respectively.
Despite having different functions and aims, Privatixy Token (PXP) and Ethereum (ETH) share some positive similarities. Both support multi-chain interoperability allowing seamless transactions of assets across a variety of blockchains, which in essence eliminates blockchain isolation.
Furthermore, they are platforms that contribute to decentralization. Privatixy is integrating web3 into its protocol. It effectively ensures a decentralized system of operations and the promotion of token economies. It makes sure that there is no single point of failure. It also offers DAO to its users, allowing them to suggest proposals. Ethereum (ETH) blockchain community members created the first DAO in April 2016.
Moreover, smart contracts make Ethereum (ETH) unique. The design of platforms that can execute smart contacts was one of the principal innovations of Ethereum (ETH). Privatixy Token (PXP) also makes use of smart contracts.
Privatixy Token's (PXP) primary goal is to improve the security problems found with many cryptocurrency platforms. All cryptocurrencies benefit from a high level of security. The Privatixy Token (PXP) effectively provides that. Every crypto trader should be interested in this. A high level of security will effectively improve transactions across blockchains.
Presale: http://privatixy.io/privsale
Website: http://privatixy.io/
Telegram: https://t.me/PrivatixyTokenOfficial
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.