Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN - page 120. (Read 782362 times)

You clearly have no idea about what flashmining is.

PIVX was not flashmined at all. 1440 blocks were intended to be generated each day, which it did:

block 1: 29 Jan 2016
block 1440: 31 Jan 2016
block 2880: 01 Feb 2016
block 4320: 02 Feb 2016
block 5760: 03 Feb 2016
block 7200: 04 Feb 2016
block 8640: 05 Feb 2016
block 10080: 06 Feb 2016
block 11520: 08 Feb 2016
block 12960: 09 Feb 2016
block 14400: 10 Feb 2016
block 15840: 11 Feb 2016
block 17280: 12 Feb 2016
block 18720: 13 Feb 2016
block 20160: 14 Feb 2016
block 21600: 15 Feb 2016
block 23040: 16 Feb 2016
block 24480: 17 Feb 2016
block 25920: 18 Feb 2016
block 27360: 19 Feb 2016
block 28800: 20 Feb 2016
block 30240: 21 Feb 2016
block 31680: 22 Feb 2016
block 33120: 23 Feb 2016
block 34560: 25 Feb 2016
block 36000: 26 Feb 2016
...

I couldn't care less about Dash and I dislike the comparisons between PIVX and Dash but since you brought it up here's the first few days of Dash:
block 1: 19 Jan 2014
block 576: 19 Jan 2014
block 1152: 19 Jan 2014
block 1728: 19 Jan 2014
block 2304: 19 Jan 2014
block 2880: 19 Jan 2014
block 3456: 19 Jan 2014
block 4032: 19 Jan 2014
block 4608: 20 Jan 2014

Each line should have been mined a different day (576 blocks per day).

There's nothing wrong with that. 6 months of mining is plenty.


That's a backwards way of looking at it. Why should have early investors sold their MNs? What makes you think they didn't? PIVX had plenty of rollercoasters both price and stability-wise so likely most masternodes changed hands by now. I'm sure early Dash masternodes were very lucrative as well.


What do you consider "few people"? Also, when Dash launched X11 was new so it was also subject to being mined with publicly unavailable, optimized GPU (and even CPU) miners which were much faster. So it's safe to say only a few people mined with great speeds early on as well. Quark in early 2016 was well known and optimized so it was fair.


So was Dash when it was the same age. And it's easy to break down coins into many addresses and Dash owners had plenty of time to do that so we don't know how much the top 250 holders hold.


- Because that didn't happen and it's easy to verify which should people do before talking about them as fact.

I know that you're account is just for shilling for Dash and I see you've been spewing the same uninformed nonsense about Pivx since your very first post in April and I'm not expecting you to stop, my reply is simply to try prevent new people believing your nonsense. And for someone who complains about Dash being compared to Pivx, that's all you're doing.

Dash has suffer allot of damage thanks trolling and the stick they swing with is instamine issue which in fact is  already a thing of the past , all  the while that a great many coins have had or still have issues  and they are getting a free pass in comparison to dash ! For instance even bitcoin own creator still has 1milion bitcoin in one bitcoin address.
Dash in fact has one of the best distrubitions out there:
https://bitinfocharts.com/

PIVX has been brought up many times now, and is directly compared to dash in a marketing fashion, which i believe makes PIVX look very dishonest.
So I want to make up a own comparison for:
To sum it up:
-DASH is only a 10% instamine of the totall coin supply  vs 100% fastmine with masternodes earning straight from the start with PIVX
- PIVX had only a mining periode of 181 day's, 70% minined out in less than 100 days
- PIVx two anonymous creators did burn their pre-mine of 6 masternodes, but kept the rewards (anyways it worked out well from a markting perspective, my compliments )
- PIVX masternodes earned straight from the start, the rewards where so large that early holders, never had to sell their mn
- PIVX hash-rate has been very low during the POW mining fase, aka few people where mining it
- PIVX its coin distribution especially during and just after the POW fase was very concentrated, still close to 250 addresses held during this quick rise in marketcap (the smart owners either sold off allot or at the very least divided their holdings of multiple addresses
http://www.presstab.pw/phpexplorer/PIVX/richlist.php?count=250

Very little info to clear up the 100% fastmine of PIVX but plenty of good information on DASH it's 10% instamine:
Evan Duffield has no more than 256,000 Dash and will give away 80% of that to fund DAOs within DASH https://www.reddit.com/r/dashpay/comments/62jc3b/evan_duffield_has_no_more_than_256000_dash_and/
Dash Instamine Issue Clarification https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification
Instamine FAQ https://dashpay.atlassian.net/wiki/display/DOC/Legacy+FAQ#LegacyFAQ-WasDashInstamined
Was The Instamine A Positive Thing For Dash? https://dashdot.io/alpha/?page_id=118
My View: Dash’s Instamine Is Not A Problem http://fintekneeks.com/my-view-dashs-pre-mine-is-not-a-problem/
Deep technical analysis of the early mining and distribution https://bitcointalksearch.org/topic/m.15619552
Confessions of a Instaminer Hashman https://bitcointalksearch.org/topic/m.18041424

Depends on your time horizon 

Blood bath is ended. it is time to pivx reach 100$ 

Am I too optimistic? 

Easiest way to handle this is to have a coin only dedicated computer with fresh OS. No downloads, no surfing, etc. Use flash drive to install wallets. Easy peasy.

If you have doubt format and start clean. Then if something is installed there will be a keylogger... no need to waste time to watch you .

You misunderstand me, I'm not afraid of someone watching my monitor but if there's something remote like a teamviewer on the system, the password is out.

I am really waiting for the mobile wallet with zerocoin integration. That will be awesome!!


Thanks for the info. I too had sometimes the problem with mint. Generally a quick crash a few moments after start up and if not it was stable for long. But there is no comparison to debian 9.0. What ever the bug, it's nice to see it being worked on. 100% as you say.

Sorry to not have well understood your problem with the visible password... use a towel over your head and screen .


Exactly, better to have a trustless system than one that can be abused. The sad part is that 99% of the users will be honest but a few can crash the system for all. So if the possibility is technically removed by not using coinage, it's a win for everyone.

But in a sense the more coins, someone has the more blocks he should get, it's like owning asics or gpus. Furthermore the more coins hold the greater are his incentive to secure them well and as such making the network more secure for everyone else, including the small holders.

thanks for the reply!  

i think disconnecting "majority coins in large inputs" and reconnecting and taking a few reward confirms is the real idea behind coinage.  as doing so it will take only a few reward confirms.  when large bags take few reward confirms it opens the Barrier of Entry by giving small bag holders that didn't catch a reward confirm weight and more chances for reward confirms for securing the network.  this happens because then the large inputs are fairly satisfied reducing huge holder the need to devour all the reward confirms.  a reward confirm to a small bag owner gives them the notification that they are indeed staking and securing the network and rewarded for so.
unfortunately people are more greedy than scientific so... yeah they game on all the reward confirms and rest of network has no incentive.

i like the idea!  i am hoping to see some great things!

I'm using mint 18.2 but I saw on slack that many people with different linux distros are having this problem, this is a bug in the client that should be fixed. Until it's fixed I'm staking on windows, it's 100% stable there also it's a shame that you can't type in a password like whenever you do sudo su, so it won't be visible. Deleting bash history is one thing but still it's visible while you type it, that's why I rather stake on windows until either the linux qt is fixed or cli prompts for pass. I hope they work on at least one of these things. Weird to say that stuff works better on windows

https://github.com/PIVX-Project/PIVX/commits/master

590 commits since it was forked from Dash, that's quite some code.

PoS and soon zerocoin protocol... and no instamine for starter. Look at the code you will be surprised.

Fork of Dash.

What actual NEW code is being written/created on this project?

Even was generous to opensource.  I think ChainCoin is another Fork.

Sorry but I think it's wrong. The Wallet broadcasts your ips to others to find peers. How otherwise would they find you? It's kept in the peers.dat file.

To mitigate this you can use tor. you just need to download torbrowser from www.torproject.org and go to your pivx wallet in the network tab and select Connect through SOCKS5 and change the port to 9150.

For your masternode you can create a tor hidden service (.onion address). There are many guides.


Thanks for the analysis! it's a yuge difference as you explained.

Concerning staking you should read both whitepapers in the OP https://www.dropbox.com/s/jojqo5rmaxy45ex/Blackcoin%20POS%203.pdf and http://blackcoin.co/blackcoin-pos-protocol-v2-whitepaper.pdf to better understand it.

In short it's this :

proofhash < coins ·target

proofhash being awared the block PoS reward.


From the white papers :

The Block Reward in most Proof of Stake systems is unfortunately based on Coin Age. In
theory, this is to distribute interest fairly by allowing nodes to receive latent payments
due. It is an attempt to keep a common APR. However, this system does not work
because nodes can stay disconnected and with many split inputs, reconnect to the network 
and game the reward system. Also, it does not give nodes any incentive to stay connected.
In a decentralized system, the more nodes connected the better the security since it shifts
trust from a single entity to the network itself.

You can always check http://cryptocoin.cc/table.php?cryptocoin=Pivx to have an idea about your staking. However like a previous poster said, not everyone is staking... so it's highly realistic to expect improved odds.

But with 1k you aren't that bad, it's true there are big stakers like someone with over 36k however there are smaller stakes that get blocks. I saw a 10 pivx stakes got a block recently ! Furthermore the average is a little over 2500 pivx. Tell us how it goes. But as you say the most important is reliability of your system.


Try to check the forum or the slack were most of the action happens. There is the github too to see it "live". Btw did you know the Zerocoin Protocol has been tested a few weeks back...

you can check https://pivx.org/news/ or follow jackyman on twitter.


What distro and kernel are you using? May I guess a linuxmint flavor with GUI?  Since switching to debian and command line (pivxd and cli), it has been constant uptime. Btw I guess that some devs use debian...

Then for your command line history : https://www.ostechnix.com/how-to-clear-command-line-history-in-linux/

or you erase it all : history -c (total erase) or simply but a space before the command you typed to remove this one only.


Thanks, same to you !

so i got a cool 1000 PIVX and i've been staking and haven't received a stake.  i'm keeping my PIVX.  but what i find kinda unfair is that those bigger bags that get rewarded and after 100 confirms jump right back into even playing field with my 1000 attempting to catch my first stake.  coinage used to actually give smaller bags a chance to stake but now i feel even more out of the squeeze to stake... any insight?  there maybe more to this technology that give me a better possibility to stake with my smaller bag?

Any news from dev?
Thanks

Thank you for the answer Lercker...

Once your wallet is in sync your coins should arrive.

Hi everyone, i m new here and i need some help please with my PIVX wallet (windows).
I sent my coins from Bittrex to my receiving address but nothing arrived and my wallet he s out of sync.
Can someone help me please?

Linux wallet closes about twice a day, asked in slack chat and it seems to be a known bug, hope devs know it too. Is there any way to ask pivx-cli to prompt for a password (when unlocking for staking) instead of typing it into the terminal without censoring (***) ?