I have ideal of the combination of these:
1. Bitcoin - as a reserve of the world currency
Looks interesting, cant find out all the information i'm after about it though,
Is there a finite number of coins? According to the link there is a limit in the "mining phase" but on coin market cap the number of coins listed in circulation is higher than that number, and the thread goes on for 288 pages so its probably in there but I dont have time to read 288 pages lol....
Using bitcoin code means its not going to be as private as Monero with cryptonote and ring signatures correct? not the end of the world as long as it is private enough I guess but i'm not positive how private it is.
It is pretty small and obscure, so thats another issue, not a total deal killer but it is an issue none the less.
Certainly one to keep my eye on though
you should always come and ask your questions on the main PIVX topic (
https://bitcointalksearch.org/topic/annpivx-private-instant-verified-transaction-proof-of-stake-zerocoin-1262920), the devs are so gracious and kind, what ever the questions. But I hope that I will be able to answer you simply.
there was first a mining phase (PoW) like bitcoin or monero where the coin supply grew to (Max Coin Supply - PoW Phase: ) 43,199,500.
Then as you can see the coin went PoS (a few months ago) and since then the additional incremental supply is decreasing regularly to
PoS Phase 1: [blocks 259201-302399] 50 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)
PoS Phase 2: [blocks 302400-345599] 45 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)
PoS Phase 3: [blocks 345600-388799] 40 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)
PoS Phase 4: [blocks 388800-431999] 35 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)
PoS Phase 5: [blocks 432000-475199] 30 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)
PoS Phase 6: [blocks 475200-518399] 25 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)
PoS Phase 7: [blocks 518400-561599] 20 PIV (90% distributed to staker and masternode - 10% available to budget system) (In-Progress) (where we just entered),
as you can see it's planned to go to infinity
PoS Phase 8: [blocks 561600-604799] 15 PIV (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 9: [blocks 604800-647999] 10 PIV (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase X: [blocks 648000-Infinite] 5 PIV (90% distributed to staker and masternode - 10% available to budget system
Remember in PoS there are transactions fees but they don't go to stakers or masternodes, as such it's necessary to have a flow of new coins to get the system going. Actually there is around 1450 masternodes (
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html) and growing with a chance to get a "block" Expected Payment per Masternode: every 1.01 days. which means that the 5 would be splitt between the masternode and the staker meaning around 2.7 which is 0.027% return on your masternodes daily (because the rate of splitting between staking and masternode evolves too).
the actual supply is 51833610 DNET with a return of 11 DNET daily per MN (of 10k). As you can guess all depend of the number of MN of stakers
.
Good luck in your quest. again, Arvydas77 is into something with no1
. but PIVX as all it takes to be the real no2. will see as it's just the beginning.
Please join the main topic here, or the slack