Maria Irene
When the PIVX community set out to create PIVCards, they were addressing a gaping hole in the crypto landscape—real-world usability. The ambitious venture, which launched on 30 October, has done more than just plug that gap; it has potentially revolutionised the way PIVX can be spent, earned, and integrated into everyday life.PIVCards have already found acceptance in over 3,000 stores, a feat that lends immediate credence to its promise of being more than just another crypto wallet. The integration extends far beyond your typical online shops, showing how cryptocurrencies like PIVX are increasingly becoming less speculative assets and more functional currencies.
The brilliance of the project also lies in its smooth execution. By automating the entire process of card dispatch, the PIVCards team has virtually eliminated human intervention in the purchase cycle. Not only does this make for quicker delivery times but it also addresses previously vexing issues such as manual maintenance, security concerns, and variable delivery periods. In fact, the platform celebrated its first-ever code-automated PIVCards purchase, signalling its readiness to scale with confidence.
The backend is just as interesting as the consumer-facing aspects. The system has been designed to run full nodes for both PIVX and Bitcoin. The rapid synchronization between the nodes took a mere week, laying the groundwork for new Remote Procedure Calls (RPCs). These RPCs facilitate the autonomous conversion of PIVX to Bitcoin, and from Bitcoin to vendor payments, all of which is handled by ChangeNOW. This effectively addresses the initial stumbling blocks of crypto volatility and acceptance by conventional vendors.
While the PIVCards launch has been an obvious win for PIVX, it has also found favour among the community members. Sigge Baskero, a community member, excitedly tweeted, “PIVXlabs is shooting out another huge improvement for PIVX. Way to go!”
Interestingly, the Discord chats revolving around the launch and its implications mirror the same enthusiasm. JS Kitty, the developer, indicated that adding more regional servers to include countries like Canada is on the cards. Moreover, the community is actively discussing how PIVCards could integrate with other platforms like MPW (My Pivx Wallet) to create a seamless crypto experience—from buying and storing PIVX to spending it effortlessly.
The discussion also veered towards adding a Credit Card on-ramp to MPW, thereby making it easy to buy PIVX. As Eric_Stanek, another community member, pointed out, “MPW empowers people to STORE PIVX. PIVCards empower people to SPEND PIVX.” The only missing puzzle piece, according to him, is an easy way to buy PIVX.
There’s even chatter about potentially implementing a promotional system for PIVCards, making it a lucrative platform not just for spending but for earning crypto as well. The air is ripe with potential partnerships, further integrations, and an ever-expanding use-case portfolio for PIVX through its PIVCards.
The PIVCards initiative, thus, is not a mere addition to the PIVX ecosystem but a monumental stride towards creating a self-sufficient loop of crypto utility. It’s not just about changing how PIVX is seen but about redefining its very role in the financial landscape. In a world where the lines between cryptocurrencies and traditional currencies are increasingly blurred, PIVCards act as a sturdy bridge to a more integrated, less isolated future.
