[ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN - page 122.

btct22

hero member

Activity: 615

Merit: 502

Quote from: Jazz4u on July 03, 2017, 02:20:13 AM

Quote from: Lercker on July 02, 2017, 11:50:44 PM

Quote from: Jazz4u on July 02, 2017, 11:28:56 PM

Zerocash is much better and upgraded version of zerocoin and why does PIVX implement an older version of algorithm.

"Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify)."

Zerocash is not trustless, it realize on somebody keeping the network private. That person or persons can also create coins out of nowhere without anybody knowing any better.

Thanks for your response, could you please elaborate on this.

This is a good article that explains the difference between the two algorithms: https://zcoin.io/zcoin-and-zcash/

w03038817l

newbie

Activity: 47

Merit: 0

Quote from: Jazz4u on July 03, 2017, 02:38:48 AM

Dev's, I have read that PIVX broadcasts user ips and masternodes also retain a log of all users ip addresses. is this true ?

no

it is not true

Jazz4u

newbie

Activity: 20

Merit: 0

Dev's, I have read that PIVX broadcasts user ips and masternodes also retain a log of all users ip addresses. is this true ?

Jazz4u

newbie

Activity: 20

Merit: 0

Quote from: Lercker on July 02, 2017, 11:50:44 PM

Quote from: Jazz4u on July 02, 2017, 11:28:56 PM

Zerocash is much better and upgraded version of zerocoin and why does PIVX implement an older version of algorithm.

"Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify)."

Zerocash is not trustless, it realize on somebody keeping the network private. That person or persons can also create coins out of nowhere without anybody knowing any better.

Thanks for your response, could you please elaborate on this.

Lercker

sr. member

Activity: 358

Merit: 250

Quote from: Jazz4u on July 02, 2017, 11:28:56 PM

Zerocash is much better and upgraded version of zerocoin and why does PIVX implement an older version of algorithm.

"Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify)."

Zerocash is not trustless, it realize on somebody keeping the network private. That person or persons can also create coins out of nowhere without anybody knowing any better.

Jazz4u

newbie

Activity: 20

Merit: 0

Zerocash is much better and upgraded version of zerocoin and why does PIVX implement an older version of algorithm.

"Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify)."

sth2017

sr. member

Activity: 616

Merit: 256

Quote from: Turing on July 02, 2017, 01:56:31 PM

Quote from: sth2017 on July 02, 2017, 01:45:30 PM

Yobit wallet - technical work. Already day my coins are in the air. what to do? Support answers: update

Don't use Yobit.
They always answer "wallet needs update", even if there are no updates.
Don't expect support, don't use Yobit.

What can I forget about coins now?

Turing

sr. member

Activity: 994

Merit: 277

Quote from: sth2017 on July 02, 2017, 01:45:30 PM

Yobit wallet - technical work. Already day my coins are in the air. what to do? Support answers: update

Don't use Yobit.
They always answer "wallet needs update", even if there are no updates.
Don't expect support, don't use Yobit.

sth2017

sr. member

Activity: 616

Merit: 256

Yobit wallet - technical work. Already day my coins are in the air. what to do? Support answers: update

vogelvogel030

member

Activity: 80

Merit: 10

Quote from: SweetHodler on June 28, 2017, 09:21:17 AM

Hello fellow pivians,

I hold 370 pivx for quiet some time and I am wondering, can i stake my pivx in any way for some pivx rewards? I am pretty newb about this so go easy on me. Grin

I stake with 400 coins and get about 3 blocks per month.

The staking calculator shows that I should get one block per month, but because not everyone is staking their PIVX and therefore with a lower difficulty you can find blocks more often Wink

cryptoholic11

hero member

Activity: 560

Merit: 500

Will the zerocoin protocol be launched/completes in q4 if this yrar?

Lercker

sr. member

Activity: 358

Merit: 250

Quote from: dmconner on July 02, 2017, 12:33:51 AM

Does anyone have a link for more information on how to set up and mine PIVX?

http://pivx.cryptopool.io/ and https://prohashing.com/ you can mine and be paid out in PIVX. However like btct22 said you can not mine PIVX, also cryptopool is currently down with issues and both sites require ASICs.

btct22

hero member

Activity: 615

Merit: 502

Quote from: dmconner on July 02, 2017, 12:33:51 AM

Does anyone have a link for more information on how to set up and mine PIVX?

You can't mine PIVX, it's a 100% proof of stake coin now. But it's a good question, and PIVX has a pretty unique take on it:

To get block rewards with PIVX, you can either run a masternode: https://pivxmasternode.org - or just keep your wallet open to stake its contents. The amount that comes out can be estimated with this tool, just enter the amount of PIVX you have. http://pivx.cryptonode.co/

The big deal is: no expensive mining equipment, and no energy waste, because neither of these uses much PC power at all to run. Also the coin doesn't set a limit on the number of coins, just on the rate of creation. And that sets up an awesome cash flow tool that doesn't dwindle down to nothing with increasing difficulty. As the number of PIVX in existence increases the rate of inflation reduces while the coin supply stays fixed.

dmconner

newbie

Activity: 2

Merit: 0

Does anyone have a link for more information on how to set up and mine PIVX?

btct22

hero member

Activity: 615

Merit: 502

Also I found the hardware unit that's in the PIVX ads: https://www.posnewland.com/product/all-in-one-smart-pos-terminal-machine-mht-v3/ - that's pretty cool. It could be used with any Android based till software and I guess will probably use a modified version of the PIVX wallet software to integrate with some POS systems.

btct22

hero member

Activity: 615

Merit: 502

Quote from: resinball on July 01, 2017, 06:12:08 PM

can someone explain to me the staking feature and minimum coins needed staking to catch reward in 1 day?

Here's a good calculator: http://pivx.cryptonode.co/ - you can enter your current balance and down the bottom it tells you what returns you can expect from that amount.

resinball

newbie

Activity: 20

Merit: 0

can someone explain to me the staking feature and minimum coins needed staking to catch reward in 1 day?

cryptoholic11

hero member

Activity: 560

Merit: 500

Quote from: Lercker on July 01, 2017, 02:17:29 PM

Quote from: cryptoholic11 on July 01, 2017, 01:59:38 PM

So one of the main devs was dev of mintcoin? In other words he abandoned that project for this one? Why would I trust him to stay with this project?

Fuzzbawls is a core dev on the team but not the creator nor main developer. He could leave at any time and PIVX development would countinue. He came to this coin much like Presstab.

Thanks for the respectful answer unlike the sensitive muppet above

HORT

hero member

Activity: 508

Merit: 501

Quote from: cryptoholic11 on July 01, 2017, 01:59:38 PM

So one of the main devs was dev of mintcoin? In other words he abandoned that project for this one? Why would I trust him to stay with this project?

WTF are you talking about? Most Devs work on numerous coins you assclown. Nobody has abandoned anything. Go get bent and come back when you are logical.

Lercker

sr. member

Activity: 358

Merit: 250

Quote from: cryptoholic11 on July 01, 2017, 01:59:38 PM

So one of the main devs was dev of mintcoin? In other words he abandoned that project for this one? Why would I trust him to stay with this project?

Fuzzbawls is a core dev on the team but not the creator nor main developer. He could leave at any time and PIVX development would countinue. He came to this coin much like Presstab.

Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN - page 122. (Read 782362 times)