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Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN - page 230. (Read 782370 times)

nov
sr. member
Activity: 433
Merit: 251
Independent crypto developer
Is better staking or masternode currently?

How many Master Nodes are active right now?

Hi. Please see here for current masternode stats. Wink
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html

Ok so at present prices one can get a Master Node on PIVX for about 1 BTC.
 To get a Master Node on Dash will cost you close to 100 BTC

PIVX could easily, soon, have more MNs than Dash.

What do you see as the optimum number of Master Nodes?

no one yet explored (or even thought out as yet) innovations to run master nodes and with a strong encryption in between (its like TOR on steroids with meta information build in and private id's that can not be spoofed) feel you looking to here at least 50 to 100 mil market cap , feel recent price bump was sell from the top but on the bottom and re-establish master nodes.. its all way premeditated! dont get caught, see this wave here similar, its a way of accumulation , stakes are quite high I am watching but at this potential what PIVX has I cant risk it.. waaay too chicken.. but some do
legendary
Activity: 1792
Merit: 1010
How many Master Nodes are active right now?

Hi. Please see here for current masternode stats. Wink
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html

Ok so at present prices one can get a Master Node on PIVX for about 1 BTC.
 To get a Master Node on Dash will cost you close to 100 BTC

PIVX could easily, soon, have more MNs than Dash.

What do you see as the optimum number of Master Nodes?

no one yet explored (or even thought out as yet) innovations to run master nodes and with a strong encryption in between (its like TOR on steroids with meta information build in and private id's that can not be spoofed) feel you looking to here at least 50 to 100 mil market cap , feel recent price bump was sell from the top but on the bottom and re-establish master nodes.. its all way premeditated! dont get caught, see this wave here similar, its a way of accumulation , stakes are quite high I am watching but at this potential what PIVX has I cant risk it.. waaay too chicken.. but some do
legendary
Activity: 1638
Merit: 1011
jakiman is back!
How many Master Nodes are active right now?

Hi. Please see here for current masternode stats. Wink
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html

Ok so at present prices one can get a Master Node on PIVX for about 1 BTC.
 To get a Master Node on Dash will cost you close to 100 BTC

PIVX could easily, soon, have more MNs than Dash.

What do you see as the optimum number of Master Nodes?

That won't actually be possible anytime soon due to our Seesaw Balancing System.
Please check my personal PIVX REFERENCE doc. There's my masternode prediction spreadsheet on Page 5.
(see comment in the spreadsheet for info about each column)
https://docs.google.com/document/d/14jL8KUAiKxB9rBS_Zj-Xc1MmmurpniwGcT-iLZ5na1g/edit
sr. member
Activity: 631
Merit: 258
How many Master Nodes are active right now?

Hi. Please see here for current masternode stats. Wink
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html

Ok so at present prices one can get a Master Node on PIVX for about 1 BTC.
 To get a Master Node on Dash will cost you close to 100 BTC

PIVX could easily, soon, have more MNs than Dash.

What do you see as the optimum number of Master Nodes?
legendary
Activity: 1118
Merit: 1002
Thanks DRPD and jakiman, I asked the question in Slack and got a direct answer from s3v3nh4cks. Looking good guys
nov
sr. member
Activity: 433
Merit: 251
Independent crypto developer
How to find out what is more profitable staking or masternode?
legendary
Activity: 1638
Merit: 1011
jakiman is back!
DRPD, really appreciate you holding the fort here! I do post any major announcements here but will check more often also. Smiley

First time seeing this coin and very interested. How is the i2p integration going? Any progress with it?

I'm no dev so I'm not sure but I don't think it's in the priority list atm so I would assume it'll take some time.
Current priority list is getting the budget system back up, fix any bugs and implementing libzerocoin afaik.

There is a big drama around "nothing at stake" attack in pos coins. Do masternodes work as checkpoints for a coin too? Do they store same non rewritable blockchain with final transactions? Or potential attacker can somehow (theoretically) rewrite history of 100 blocks on their own and try to build longer blockchain and orphan legit one?

I don't know all the technical details so I've mentioned your question in slack and hopefully someone there can answer for you here.
member
Activity: 70
Merit: 10

Guys where do you think PIVX would settle around?

What according to you should be the ideal Base Price?

I think the Base Price for PIVX must be in between 30-50k probably.

After seeing all the hard-work done by the Devs., 30-50k would be an ideal position for PIVX which it really deserves.

Let's see what the future holds for PIVX. Fingers Crossed.  Wink
full member
Activity: 126
Merit: 100
There is a big drama around "nothing at stake" attack in pos coins. Do masternodes work as checkpoints for a coin too? Do they store same non rewritable blockchain with final transactions? Or potential attacker can somehow (theoretically) rewrite history of 100 blocks on their own and try to build longer blockchain and orphan legit one?
legendary
Activity: 1148
Merit: 1001
The PIVX wallet is very unique... can someone please walk me through how I transfer my PIVX from Bittrex to the PIVX wallet and setup a masternode (have enough PIVX to do)?

hey and welcome to pivx where privacy maters.

you can follow this step by step guide from user borris123 (windows)
https://github.com/PIVX-Project/PIVX/releases/download/v1.1.0.0/Windows.Setup.for.Darknet.Masternodes.pdf

the guide is for the old version before rebranding (pivx was darknet once) but this works for pivx too.
if you need more help i recommend to visit slack channnel (even if i'm a non slacker as old fart i prefer the forum  Cheesy)
http://slack.pivx.org/

have fun with pivx

Thanks man. See you around the community.

np you can also go to the off. forum for help
https://forum.pivx.org/t/masternode-setup-help/72

@DiCE1904
you can maybe get answer faster on slack or the off. froum since good ole jakiman and the rest of the team are visiting this forum not often anymore.
thats why i'm here to help and welcome newbies and keep the thread alive Smiley
full member
Activity: 211
Merit: 100
The PIVX wallet is very unique... can someone please walk me through how I transfer my PIVX from Bittrex to the PIVX wallet and setup a masternode (have enough PIVX to do)?

hey and welcome to pivx where privacy maters.

you can follow this step by step guide from user borris123 (windows)
https://github.com/PIVX-Project/PIVX/releases/download/v1.1.0.0/Windows.Setup.for.Darknet.Masternodes.pdf

the guide is for the old version before rebranding (pivx was darknet once) but this works for pivx too.
if you need more help i recommend to visit slack channnel (even if i'm a non slacker as old fart i prefer the forum  Cheesy)
http://slack.pivx.org/

have fun with pivx

Thanks man. See you around the community.
legendary
Activity: 1118
Merit: 1002
First time seeing this coin and very interested. How is the i2p integration going? Any progress with it?
legendary
Activity: 1148
Merit: 1001
The PIVX wallet is very unique... can someone please walk me through how I transfer my PIVX from Bittrex to the PIVX wallet and setup a masternode (have enough PIVX to do)?

hey and welcome to pivx where privacy maters.

you can follow this step by step guide from user borris123 (windows)
https://github.com/PIVX-Project/PIVX/releases/download/v1.1.0.0/Windows.Setup.for.Darknet.Masternodes.pdf

the guide is for the old version before rebranding (pivx was darknet once) but this works for pivx too.
if you need more help i recommend to visit slack channnel (even if i'm a non slacker as old fart i prefer the forum  Cheesy)
http://slack.pivx.org/

have fun with pivx
full member
Activity: 211
Merit: 100
The PIVX wallet is very unique... can someone please walk me through how I transfer my PIVX from Bittrex to the PIVX wallet and setup a masternode (have enough PIVX to do)?
member
Activity: 80
Merit: 10
I just got minted approx. 7.74 PIV.

But now it displays "Stacking is not active".

I believe you need to wait again for the new coins to mature before staking restarts.

You need to wait 101 confirms before it is eligible to stake again.
newbie
Activity: 42
Merit: 0
I just got minted approx. 7.74 PIV.

But now it displays "Stacking is not active".

I believe you need to wait again for the new coins to mature before staking restarts.
nov
sr. member
Activity: 433
Merit: 251
Independent crypto developer
I just got minted approx. 7.74 PIV.

But now it displays "Stacking is not active".

Thanks. Now I see the green up arrow icon and it displays "Staking is active"!

Expected, it takes a while to activate. Again, hit the dedicated #support channel or forums if you want fast and dedicated support.

sounds good you should be fine now, it takes a while until you get your first reward
happy staking

what kind of rewards can one expect with let say 5000 pivx if you leave your wallet open all day and night?

Hard to be exact, but you will get at least one reward every two days
The rewards are around 7.2 pivx currently
member
Activity: 80
Merit: 10
Thanks. Now I see the green up arrow icon and it displays "Staking is active"!

Expected, it takes a while to activate. Again, hit the dedicated #support channel or forums if you want fast and dedicated support.

sounds good you should be fine now, it takes a while until you get your first reward
happy staking

what kind of rewards can one expect with let say 5000 pivx if you leave your wallet open all day and night?

Hard to be exact, but you will get at least one reward every two days
The rewards are around 7.2 pivx currently
legendary
Activity: 1148
Merit: 1001
Thanks. Now I see the green up arrow icon and it displays "Staking is active"!

Expected, it takes a while to activate. Again, hit the dedicated #support channel or forums if you want fast and dedicated support.

sounds good you should be fine now, it takes a while until you get your first reward
happy staking

what kind of rewards can one expect with let say 5000 pivx if you leave your wallet open all day and night?

hope someone with a staking wallet can answer your question, i have all my coins locked for masternodes Smiley
sr. member
Activity: 434
Merit: 250
Thanks. Now I see the green up arrow icon and it displays "Staking is active"!

Expected, it takes a while to activate. Again, hit the dedicated #support channel or forums if you want fast and dedicated support.

sounds good you should be fine now, it takes a while until you get your first reward
happy staking

what kind of rewards can one expect with let say 5000 pivx if you leave your wallet open all day and night?
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