PIVX is unique in its ability to transact both publicly and privately.
Each crypto currency is supported by its own, globally distributed ledger called a blockchain, which records each of the network’s transactions. Since blockchains are public, this means that the sending and receiving addresses, along with the amount of each transaction, is publicly visible.
The ability to send a publicly visible transaction is important in many situations. For example, this allows non-profit charitable organizations to provide complete, and publicly auditable transparency of how its funds are dispersed.
On the other hand, however, there are times when one might want, or need, a transaction to be completely private. To support this, PIVX implemented the “Zerocoin Protocol”, that gives PIVX users the option of making transactions which are completely anonymous.
This ability to choose between public or private transactions is a foundational, and powerful benefit of PIVX.