Because of the new addition of the Sapling Privacy protocol on PIVX, the platform will have the capability for higher performance in the sphere of transactions. Also, it provides the opportunity for PIVX to offer unshielded and shielded transactions side by side, giving the users the opportunity for privacy.
Also, Sapling separates the viewing and spending keys of an account that will give the opportunity to users to look at transaction details without the compromising of their accounts that usually happens in the process as we are reading in the ZEC latest news.
More specifically, PIVX will use a kind of the Sapling Privacy Protocol that has added features, Groth16. The reasoning behind this choice is that this kind has a proven track record as is, and has experienced a great amount of due diligence in the past. This new improvement to the PIVX network will be commenced as part of PIVX’s 5.0 core wallet upgrade. This wallet upgrade is scheduled to occur in the fruition later this year.
As we can see, for now, the PIVX private coin network has relied on the Zerocoin privacy protocol in continuity. But Zerocoin began to suffer certain adversity, as a result of an issue in its protocol that gives the opportunity for attacks to mint coins at their own leisure. This problem did not influence PIVX users in a direct way, however, the team has expressed their desire to find a more secure system. In the privacy coin business, the standing that a coin enjoys is in certain situations even more important than the function that the coin can offer while losing both is 100% death.
PIVX clarified that they had a hard time because of the issues that the Zerocoin protocol had, saying that the group had to work harder than usual in order to make sure that PVIX wallet holders were mainly unaffected. The team clarified that this new Zcash protocol will give the opportunity to its users to regain the levels of privacy that they had and even more than they enjoyed before.
PIVX was fast to declare that it is the first blockchain that will introduce Sapling, which is not based on the Zcash coin. As we can see in the ZEC latest news, the only Zcash and its forks have made this move, with Horizen, that made this only partially in the previous year. Ycash got Sapling by default, as the coin had forked the previous year.
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