WHAT IS CIVITAS?
Civitas comes from the ancient Roman concept that community is not just the collective
body of citizens, it is the contract that binds them all. The “together we are stronger”
philosophy is the guiding force behind the Civitas coin.
Cryptocurrencies and blockchain technologies have given rise to new ideas and innovations that have reshaped the global financial landscape. Connecting people and resources in a speed never seen before, peer-to-peer decentralized networks have empowered
citizens with the ability to exchange payment for goods and services without relying on
traditional banking, FIAT currency, or creditors. A truly free society is being developed
with instant, private transactions emboldened by the promise of blockchain technologies. Although Bitcoin has been the catalyst for this new movement, it lacks some key
attributes that have been improved upon in several new cryptocurrencies. Our mission
is to blend several of these elements to introduce the fastest, privacy-based coin with a
community-based network of Masternodes (MNs) for security.
The cryptocurrency space has seen a plethora of innovations to address multiple issues that
have arisen since the inception of the first blockchain based protocol, Bitcoin. Controversy
regarding miner centralization and practical issues such as fungibility and privacy have been
addressed. As the network grows, security becomes less of a factor while getting a consensus
vote for implementing changes becomes increasingly difficult. The form of a voting system
via MNs allows for a distributed group to vote on a continuous basis on matters pertaining
to Civitas without giving up their right to vote to others. It is the community who will choose
which problems Civitas seeks to solve as we move forwards in harmony with the ever changing
As such, Civitas begins its journey by forking from the Pivx repository, a cryptocurrency based
off Bitcoin’s core 0.10x code base and running Blackcoin’s Proof of Stake (PoS) 3.0 protocols.
Maintaining the stable core code whilst adding the addition of MNs which will give resources
for adding additional features such as governance, privacy, and faster transactions. Civitas was
born as a Proof of Work (PoW)/PoS coin allowing both mining and staking. After a short time, it
was discovered that the Zerocoin protocol would not support PoW and was terminated. Since
then Civitas has been a PoS coin, meaning that the block rewards are split between MNs and
Communities and the internet have been synonymous since the first message boards sprang
up in the 1970’s. Now with the advent of cryptographically verifiable digital ledgers it has become possible for these communities to exchange value digitally, securely, and quickly.