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Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN - page 40. (Read 782359 times)

newbie
Activity: 12
Merit: 0
 i buy some coins on yobit last month. Its maintenance going on from 27th april. how much time more it take . i am not able to transfer my fund. Huh Huh anybody know about any wallet maintenance information.   
full member
Activity: 240
Merit: 101

Good news !!!

PIVX is added to Blocknet / BlockDX (Decentralized exchange & communication protocol between many different blockchains). You can trade and build dapps for your favorite coin.  Cool   Cool   Cool

(Full launch with Litewallet and beautiful gui is July 1st)  https://bitcointalksearch.org/topic/annblocknet-truly-decentralized-exchange-token-ecosystem-infrastructure-829576
newbie
Activity: 10
Merit: 0
https://BitPro.cc now accepts Pivx as well.

Because our site is completely free of trackers, requires no javascript and an account is optional, it works nicely to protect your privacy when you pay using zPIV.

full member
Activity: 518
Merit: 106
I would suggest to suggest Pivians to actually read the full article about dzPIV seed. They can do a bit of damage and even lose funds if it's misused.
jr. member
Activity: 106
Merit: 1
Another great release, you can now store your masternode collateral securely on a ledger hardware wallet

https://github.com/PIVX-Project/PIVX-SPMT


newbie
Activity: 19
Merit: 0
Please fix orphan blocks in zpiv staking. I get 70-80% orphan blocks

stop unscrupulous fuding I know many alts are bleeding at the moment (without mentioning names) take your quest there
I think you misunderstood me. I dare to say that PIVX has maybe the best developers in the cryptospace (look at their github commits compared to other coins) and is severely undervalued compared to other privacy coins. This is a minor, or even a non-issue (that it is being fixed as we speak) if you see the big picture. I buy as many PIVX as I can, when I am able to do so.
sr. member
Activity: 359
Merit: 270
Start staking with StakeUnited!

[...]

You can join us here:

[...]

Nice hidden referral link there. Why not at least be up front and honest about it rather than phishing? Seriously, inherent issues with staking pools aside, this service would be a lot more compelling if its users didn't spend their lives endlessly spamming about it with shady tactics.

And, once again for everyone else out there, any kind of staking pool is risky because you don't control your own private keys. You should only consider using a service such as this if you have a very small number of PIVX and are willing to accept the increased risk.
sr. member
Activity: 359
Merit: 270
I think there is a lot of PoS currencies with fixed max supply (in my memory).

There are some, yes, you're right--I should have just left it at 'most' (I edited the original post to reflect this). QTUM is one example, although the max won't be reached for 31 years. OMG will eventually be another. Others, such as NEO and VEN/VET, have a fixed supply of the 'governance token' and then pay rewards in a separate 'utility token' whose supply may or may not be capped (e.g., GAS will reach a max supply of 100 mil. in ~22 years, whereas VeThor has no max supply). However, many PoS or DPoS coins have no fixed supply (e.g., XLM [not quite PoS, but similar outcome], Lisk, Ark, Strat, Nav, ETH [for now], PIVX, etc.). Note that many of the coins with no fixed maximum use other techniques, such as PIVX's fee burning/budget creation, to restrict the supply anyway.


Since several days, I watch the PIVX masternode reward with this website : https://masternodes.online/currencies/PIVX/?convert=EUR.
.. and this reward is very curious : it can be $4 a day or $50 a day.
Is that a bug from the masternode.online website or it is the true ?
I know that the PIVX reward is adaptative between PoS and masternode, but here it is a lot (x12) in a very few time (in the same day) !!!

Can somebody explain to me please ?

I suspect that's an idiosyncrasy of that site. Generally, MNs reward at a very consistent rate--they are not subject to the same degree of 'luck'-based fluctuation as staking. You may find this site more reliable: http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html
sr. member
Activity: 810
Merit: 444
Since several days, I watch the PIVX masternode reward with this website : https://masternodes.online/currencies/PIVX/?convert=EUR.
.. and this reward is very curious : it can be $4 a day or $50 a day.
Is that a bug from the masternode.online website or it is the true ?
I know that the PIVX reward is adaptative between PoS and masternode, but here it is a lot (x12) in a very few time (in the same day) !!!

Can somebody explain to me please ?
sr. member
Activity: 826
Merit: 440
can you confirm to me that PIVX to an unlimited monetary creation (no max supply) ?
If not, what is the limit of the monetary creation of Pivx ?
Thank you.

Like most (all?) PoS coins, PIVX has no predetermined max supply. However, two things: One, all fees on the network are permanently burned, meaning that as the network is used more, inflation will decrease (and, since fees for zPiv transactions are higher, inflation will decrease even more as private transactions become more common). In theory, PIVX could become deflationary with sufficient network usage. And two, while the inflation rate assumes that 1 Piv per block is allocated to the treasury, only the amount actually needed by the treasury in a given month is created (i.e., usually much less than 1 Piv per block), which reduces inflation even more.

So: PIVX has no max supply, but it has low inflation and it's possible for the supply to actually decrease under some circumstances (high network usage + low treasury allocation). Also, @CarlOrff, nice work with Carmina Burana.
Thank you EleanorZ for these explanations.

I think there is a lot of PoS currencies with fixed max supply (in my memory).
sr. member
Activity: 359
Merit: 270
Please fix orphan blocks in zpiv staking. I get 70-80% orphan blocks

stop unscrupulous fuding I know many alts are bleeding at the moment (without mentioning names) take your quest there

To be fair, many people are getting orphan blocks with zPiv staking so while 80% may be higher than average, this isn't FUD. The Devs are aware of the issue and are working to improve it.

If you 'watch' the PIVX GitHub, you'll see that multiple changes have been made since the last release to address this. https://github.com/PIVX-Project/PIVX

Presstab (one of the Devs) has also recommended that you include
Code:
banscore=10000 bantime=60
in your .conf file (you'll need to restart the wallet after editing the .conf).

You might also want to run
Code:
clearbanned
in the console to make sure you aren't accidentally banning peers that don't need to be banned.

Neither of these are magic solutions, but they will increase your connections and reduce orphans as much as possible. And remember that you can always stake normal Piv instead until the zPiv orphan rate is reduced.


can you confirm to me that PIVX to an unlimited monetary creation (no max supply) ?
If not, what is the limit of the monetary creation of Pivx ?
Thank you.

Like most PoS coins, PIVX has no predetermined max supply. However, two things: One, all fees on the network are permanently burned, meaning that as the network is used more, inflation will decrease (and, since fees for zPiv transactions are higher, inflation will decrease even more as private transactions become more common). In theory, PIVX could become deflationary with sufficient network usage. And two, while the inflation rate assumes that 1 Piv per block is allocated to the treasury, only the amount actually needed by the treasury in a given month is created (i.e., usually much less than 1 Piv per block), which reduces inflation even more.

So: PIVX has no max supply, but it has low inflation and it's possible for the supply to actually decrease under some circumstances (high network usage + low treasury allocation). Also, @CarlOrff, nice work with Carmina Burana.


Start staking with StakeUnited!

[...]

Obligatory reminder that any kind of staking pool is risky because you don't control your own private keys. You should only consider using a service such as this if you have a very small number of PIVX and are willing to accept the increased risk.
sr. member
Activity: 826
Merit: 440
can you confirm to me that PIVX to an unlimited monetary creation (no max supply) ?
If not, what is the limit of the monetary creation of Pivx ?
Thank you.
legendary
Activity: 1792
Merit: 1010
Please fix orphan blocks in zpiv staking. I get 70-80% orphan blocks

stop unscrupulous fuding I know many alts are bleeding at the moment (without mentioning names) take your quest there
sr. member
Activity: 359
Merit: 270
If you are wondering how the stake rewards are done, the image below is a good explanation

[...]

An extra note about the treasury:

Up to 1 Piv per block is allocated to the treasury. That means that every month, or 43,200 blocks, there is a potential of up to 43,200 Piv that can be spent on budget items (i.e., Dev salaries + marketing + successful proposals + etc.). However, only the total of Piv that is needed for that month's budget is actually created. For example, if (hypothetically) salaries + ... + ... + ... = 23,600 this month, then only 23,600 Piv would be created, NOT 43,200. The total number of Piv needed for the budget in any given month are created as a single superblock per month, not with each 'normal' block that's found. Since the budget ask is typically lower than the maximum possible allowance, this means that in effect, less than 1 Piv/block is actually created, and overall inflation is lower than would be implied by thinking of each block as being deterministically 6 Piv in size. In fact, the effective block size in a given month can vary between 5 and 6 Piv depending on how much budget is actually needed, and therefore how many Piv are created in that month's superblock.
jr. member
Activity: 106
Merit: 1
Explore places that accept pivx here

https://pivxplaces.com

Also another great site to look at explaining pivx

https://www.whypivx.com

jr. member
Activity: 106
Merit: 1
If you are wondering how the stake rewards are done, the image below is a good explanation

sr. member
Activity: 1204
Merit: 252
In which PoS Phase X is the PIVX at that moment? Both in coinpayments and in Cointopay can I use PIVX as a payment currency?
sr. member
Activity: 854
Merit: 257
New PIVX DYK: Deterministic zPIV Seed!

"The Deterministic zPIV Seed makes your life easier, and ensures that your zPIV are safe!"

More Info -> https://goo.gl/b6Uyat

Watch here -> https://youtu.be/TQumjaq6LLU
member
Activity: 147
Merit: 12
PIVX is available again Flyp.me
Access the fastest and most private way to exchange PIVX straight from your wallet.
~
What did you really imply by mentioning about 'exchange PIVX straight from your wallet'?
Is it something like built-in wallet trading feature, like Denarius wallet?
I have never use PIVX wallet before, so I will highly appreciate your more detailed information about this issue.
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
@EleanorZ I’m not an official PIVX but do try and post here to help with communicating with those who don’t use discord or twitter or reddit.  I do think Discord is the best place to go for updates info and support issues and questions.

I believe there was plenty of clear posts in here regarding the update as being mandatory so should be no excuse to not be done, if any user still didn’t get the message someone should be able to help in discord on getting an up to date blockchain or resybcing again.

Also if not aware Ledger hardware wallet is having issues with PIVX but they are working on it , the desktop wallet and blockchain is working fine, just an issue with ledger.

Yes and we thank you.

But I do believe discord is a poor choice as it's a hugbox/echochamber; the only people going there are the ones looking to talk about PIVX. No strangers just popping in and you can't really be very critical and argue about anything that's unpopular as you'll go against the tide and lose. I believe the main channel of communication should be a neutral source, like this forum. It's also a PITA to search for stuff on discord (very high noise to signal ratio) and the search function is pretty bad as well imo. But I also understand the majority of people doesn't share the same opinion as me.

Maybe meeting halfway would be good; as in having a bot that posts all the semi-important announcements to all channels.


On another note, staking zPIV results in about ~50-60% orphan rate so currently staking regular PIV is a better option profit-wise but collectively staking zPIV probably provides more information helping to find the cause.

What I do know for sure after testing that it's not a computational power bottleneck and I believe it's also not a network bottleneck.

What I like about discord is that it is live, so it is really the ideal place to look for help and support and hang out in the stream. I find the discord of pivx to be really open and working well specially with different ideas. However I agree with you that it is unpractical to search for something specific without having to ask and that the same forum format as here should be used at the pivx official forum, as the javascript only adds nothing but unpractical look.

pivx should have it's own working forum, and for me the actual one with javascript is frankly speaking useless.

Another reminder, don’t forget to backup your zpiv seed. I’m not sure if the importance if this has been made clear.  Details below.

https://www.reddit.com/r/pivx/comments/8gbjf7/how_to_use_deterministic_zerocoin_generation/




the more backups the better !

JOIN DISCORD
[...]
For a coin like PIVX I don't think it would be too much to ask to have all the important details also broadcasted here - especially since the coin itself started here.

For example, knowing the block reward changes in advance would have been nice...
[...]

Agreed that more official posts would be nice, but the community does keep this thread up to date. @fuongy does most of the work (not actually sure if (s)he's official or not, tbh), and I chip in from time to time as well, plus others. The block reward change was discussed on March 3rd, right after details emerged. Remember that the transition to zPiv staking took about a month longer than expected, and the details were discussed before the initial roll-out date.

Also, the PIVX subreddit is fairly active, and is another easy source of info for those who prefer to avoid Discord.


And a big thank you to you EleanorZ for the great pots you do here. They are always very informative and complete and easy to read. And in a sense it is a manifestation of the decentralized nature of information, however with all the budgets that goes in, I am not sure the pivx are that well spend.

secondly, I get triggered by the word "community". All that I have seen using it had always hurtful goals in the long term. I see it more as domestication to then jail, to deprive, to steal and enclose.

the problem of here is that it is a single tread and the problem of discord is that it is live, the problem of reddit is that it is censurable and the problem of the official forum is that it requires javascript. why couldn't the official forum use the same software as this one? simple, clean, easy, and remove the captcha and it would be perfect Smiley.
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