Market Cap:
$1 613 224 898 870
(▼2.68%)
- Volume 24h: $102 671 773 465 (6.36%)
- Market Cap Change 24h: ▼2.68%
- BTC dominance: 44.71%
PyrexCoin
PYX
Full anonymity while crypto trading
The platform that tries to cope with Bitcoin flaws and create a platform characterized by absolute anonymity of transactions.
- USD: $0.056
1h: ▼0.36% 24h: ▲6.67% 7d: ▼18.92%
- BTC: 0.0000018 BTC
All Time High: $0.97 5 years ago
Current price is -94 % from ATH
Current price is -94 % from ATH
- Cap: -
- Vol 24h: $2 369
- Total: 10 000 000 PYX
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About PyrexCoin
No doubt Bitcoin had become a successful breakout in the financial industry, but despite its headway, it comes natural to have flaws, among which are the ability to trace transactions, cumbersome scenarios, errors in the mechanism of testing work and many others. PyrexCoin is an altcoin, the main aim of which is to eliminate the disadvantages of Bitcoin and, thus, to ensure complete anonymity in transactions with cryptocurrencies.
The platform consists of three interchangeable standards that reflects the main objectives of the project - PyrexCoin, Golden Pyrex, PyrexBank. PyrexCoin is secured, private, decentralized cryptocurrency, which was created with high level of privacy in mind. The coin is untraceable, which means that no transaction within Pyrex Network can be linked to a particular user. Usually, users who want to make a transaction using Bitcoin have two keys: one is public and the second is private. Within Pyrex Network, the sender creates a one-time use public key associated with the recipient's address only, and more than that, he creates some hash data. Additionally, the transaction from the same recipient is sent to a one-time public key, and not to a unique address, as is the case with Bitcoin. Only the receiver can decrypt the personal key that will be used for withdrawals. During the withdrawal process, a ring signature mechanism is implemented to make the transaction absolutely untraceable.
Pyrex team is loyal to the initially offered by Satoshi Nakamoto vision of cryptocurrency, which is decentralized and trustless, so it made the PyrexCoin such as well: all transactions are confirmed by distributed consensus and recorded on blockchain. There is no need to trust intermediaries to keep PyrexCoins safe and sound. The coin is truly fungible, which is achieved thanks to built-in privacy features.
Pyrex Network is mainly presented by Pyrex Exchange platform, where team aimed to create prompt, convenient and protected trading platform for all crypto enthusiasts and interested traders.
The platform consists of three interchangeable standards that reflects the main objectives of the project - PyrexCoin, Golden Pyrex, PyrexBank. PyrexCoin is secured, private, decentralized cryptocurrency, which was created with high level of privacy in mind. The coin is untraceable, which means that no transaction within Pyrex Network can be linked to a particular user. Usually, users who want to make a transaction using Bitcoin have two keys: one is public and the second is private. Within Pyrex Network, the sender creates a one-time use public key associated with the recipient's address only, and more than that, he creates some hash data. Additionally, the transaction from the same recipient is sent to a one-time public key, and not to a unique address, as is the case with Bitcoin. Only the receiver can decrypt the personal key that will be used for withdrawals. During the withdrawal process, a ring signature mechanism is implemented to make the transaction absolutely untraceable.
Pyrex team is loyal to the initially offered by Satoshi Nakamoto vision of cryptocurrency, which is decentralized and trustless, so it made the PyrexCoin such as well: all transactions are confirmed by distributed consensus and recorded on blockchain. There is no need to trust intermediaries to keep PyrexCoins safe and sound. The coin is truly fungible, which is achieved thanks to built-in privacy features.
Pyrex Network is mainly presented by Pyrex Exchange platform, where team aimed to create prompt, convenient and protected trading platform for all crypto enthusiasts and interested traders.
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