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Author Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN  (Read 703179 times)
B1tUnl0ck3r
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August 27, 2016, 01:30:40 PM
 #4041

When we can see darknet over 1k again?

It will go up when more people see its potential and when devs throws us some more bones. Cool

Since a long time I hesitate to go to the darkcoin topic (https://bitcointalk.org/index.php?topic=421615.0;topicseen) to post a little about darknet and how it's vastly superior to dashcoin. Right now our chain is very robust, everything is working fine.

the main argument of my post on dashcoin would be : should I change my dash to dnet as it's a vastly superior coin using POS, feeded up with the mining arm race, mining bitcoin is enough.

soon...

Maybe some are interested to join me in this endeavor? a little campaign there?

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mxnsch
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August 27, 2016, 01:57:40 PM
 #4042

When we can see darknet over 1k again?

It will go up when more people see its potential and when devs throws us some more bones. Cool

Since a long time I hesitate to go to the darkcoin topic (https://bitcointalk.org/index.php?topic=421615.0;topicseen) to post a little about darknet and how it's vastly superior to dashcoin. Right now our chain is very robust, everything is working fine.

the main argument of my post on dashcoin would be : should I change my dash to dnet as it's a vastly superior coin using POS, feeded up with the mining arm race, mining bitcoin is enough.

soon...

Maybe some are interested to join me in this endeavor? a little campaign there?
I disagree. It doesn’t make any sense to bash our upstream codebase. Yes, both projects have their strengths and pain points. At this point, DASH is clearly leading the pack with a clear roadmap and a robust codebase.

Where i agree is the trading potential. DNET is still  undervalued and the r/rw % is great at the current price tag.

██  ███  masternode ninja ██  ███
B1tUnl0ck3r
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August 27, 2016, 02:33:13 PM
 #4043

When we can see darknet over 1k again?

It will go up when more people see its potential and when devs throws us some more bones. Cool

Since a long time I hesitate to go to the darkcoin topic (https://bitcointalk.org/index.php?topic=421615.0;topicseen) to post a little about darknet and how it's vastly superior to dashcoin. Right now our chain is very robust, everything is working fine.

the main argument of my post on dashcoin would be : should I change my dash to dnet as it's a vastly superior coin using POS, feeded up with the mining arm race, mining bitcoin is enough.

soon...

Maybe some are interested to join me in this endeavor? a little campaign there?
I disagree. It doesn’t make any sense to bash our upstream codebase. Yes, both projects have their strengths and pain points. At this point, DASH is clearly leading the pack with a clear roadmap and a robust codebase.

Where i agree is the trading potential. DNET is still  undervalued and the r/rw % is great at the current price tag.

A lot of people like me who mined dash with gpus have been left in the dark since the arrival of the asics for it. My goal isn't to bash dash Cheesy, but simply raise awareness about the existence of DARKNET, the more affordable masternode, staking and so. And more importantly get guidance about if I should liquidate all my dash and move them all to darknet... it's the best time to do it since I think about it... high dash low dnet...

borris123
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August 27, 2016, 07:26:48 PM
 #4044

Any updates coming, road map rough dates, white paper, something to stir the locals lol.

When are you publicising the 60k burn as well.

Everything stable atm just need some news to spark the price.
coinwider
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August 27, 2016, 10:13:09 PM
 #4045

Any updates coming, road map rough dates, white paper, something to stir the locals lol.

When are you publicising the 60k burn as well.

Everything stable atm just need some news to spark the price.


When we can see darknet over 1k again?

It will go up when more people see its potential and when devs throws us some more bones. Cool

Since a long time I hesitate to go to the darkcoin topic (https://bitcointalk.org/index.php?topic=421615.0;topicseen) to post a little about darknet and how it's vastly superior to dashcoin. Right now our chain is very robust, everything is working fine.

the main argument of my post on dashcoin would be : should I change my dash to dnet as it's a vastly superior coin using POS, feeded up with the mining arm race, mining bitcoin is enough.

soon...

Maybe some are interested to join me in this endeavor? a little campaign there?


Hello together,

I am following the DNET Forum since a while, was a miner and got some more DNET from the markets and will hold them as a longterm investment.
Soon I will make some Masternodes aswell and plan them to run for several years. The last forks with the blockchain I've waited till it stabilizes and then I jump into.

Therefore BIG THX to all DEVs and MN-holders!!!


But the above quoted hyping I am not amused with. The coin and it's development is still in the early stages which mean that again forks can happen, or maybe have to come to implement newer stuff.
And therefore I wouldn't say it's yet a good point to make a big hype, if there isn't yet a usability.
As Devs said they wan't now to test the obfuscation method with the 500 at 2 rounds I made 6 more wallets to do so, to gain more data for them and think this now the biggest part to do.

First a grow of the coin is needed and with it a natural price increase then bigger supporters will come.   If we put now on the hypers, it will end up in a pump and dump scheme as seen many other coins. Or if there are more errors, the market will smash the coin down and it could be forgotten for a long time.

Be investors and not traders.  thx





Put the fun back into banking! Use cryptocurrencies.  --- PivX --- TenX --- Lisk ---
www.cryptocoin.cc
q327K091
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August 28, 2016, 01:45:24 PM
 #4046

update: nodes are staking fast payments are collected steadily, preparing 48th master node, when POS decrease I will re-enable that venue

side note: look what is happening with monero... all is going towards anonymous /mixing transactions

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
EBK1000
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August 28, 2016, 02:52:33 PM
 #4047

I have just set up a DNET MN and it's been running for around 36 hours and no payments yet. What's the best way to monitor the MN and make sure it's running correctly? Is there a site like for DASH where you can monitor masternodes?

Soooooooon...............
B1tUnl0ck3r
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August 28, 2016, 04:20:58 PM
 #4048

Any updates coming, road map rough dates, white paper, something to stir the locals lol.

When are you publicising the 60k burn as well.

Everything stable atm just need some news to spark the price.


When we can see darknet over 1k again?

It will go up when more people see its potential and when devs throws us some more bones. Cool

Since a long time I hesitate to go to the darkcoin topic (https://bitcointalk.org/index.php?topic=421615.0;topicseen) to post a little about darknet and how it's vastly superior to dashcoin. Right now our chain is very robust, everything is working fine.

the main argument of my post on dashcoin would be : should I change my dash to dnet as it's a vastly superior coin using POS, feeded up with the mining arm race, mining bitcoin is enough.

soon...

Maybe some are interested to join me in this endeavor? a little campaign there?


Hello together,

I am following the DNET Forum since a while, was a miner and got some more DNET from the markets and will hold them as a longterm investment.
Soon I will make some Masternodes aswell and plan them to run for several years. The last forks with the blockchain I've waited till it stabilizes and then I jump into.

Therefore BIG THX to all DEVs and MN-holders!!!


But the above quoted hyping I am not amused with. The coin and it's development is still in the early stages which mean that again forks can happen, or maybe have to come to implement newer stuff.
And therefore I wouldn't say it's yet a good point to make a big hype, if there isn't yet a usability.
As Devs said they wan't now to test the obfuscation method with the 500 at 2 rounds I made 6 more wallets to do so, to gain more data for them and think this now the biggest part to do.

First a grow of the coin is needed and with it a natural price increase then bigger supporters will come.   If we put now on the hypers, it will end up in a pump and dump scheme as seen many other coins. Or if there are more errors, the market will smash the coin down and it could be forgotten for a long time.

Be investors and not traders.  thx






Hello,

Welcome to DNET! Thank you for your answer. You raise very good points. However to clarify my point the goal wasn't to make a big hype like your wrote but simply give useful information about this great project early to permit an advantageous trade.

Be both Cheesy.

mikegi
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August 28, 2016, 04:26:16 PM
 #4049

I have just set up a DNET MN and it's been running for around 36 hours and no payments yet. What's the best way to monitor the MN and make sure it's running correctly? Is there a site like for DASH where you can monitor masternodes?

Probably running "darknet-cli masternode status" on the masternode is best.
Should show   "status" : "Masternode successfully started"

And seeing that the masternode is up to the latest block and has peer connections:
run "darknet-cli getinfo" and check blocks and connections.

I have noticed that my peers are often a bit ahead of the monitor here:
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html

I've also  noticed, sometimes a masternode gets a bit behind for a few minutes, but usually it resolves
itself. Checking the peers and adding a couple more can help.
B1tUnl0ck3r
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August 28, 2016, 05:08:20 PM
 #4050

A little report: I have a masternode and staking address on the same wallet. Both work perfectly since a few days. I average 3 staking payments for 1 masternode. It's great!

jakiman
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August 28, 2016, 09:34:46 PM
 #4051

I have just set up a DNET MN and it's been running for around 36 hours and no payments yet. What's the best way to monitor the MN and make sure it's running correctly? Is there a site like for DASH where you can monitor masternodes?

To add to the response you got, also see if you can find your txid in the "masternode list" output.

If you can see it in there along with your status looking good both from the masternode (masternode status) and from controller (masternode list-conf), then it's all good.

Right now, it's about 36 to 48 hours for first payment. After that, you'll get a payment roughly every 12 hours or so currently.

The MN payment info page is actually made by the DASH dev for DNET. Grin
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html

You can follow me on Twitter for the latest PIVX news & updates: https://twitter.com/jakimanboy
kokokoin
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August 29, 2016, 09:13:25 AM
 #4052

Only 2 of all my MNs are missing after weekend and it is server-side issue. Looks good.

.
PLAY
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LIVE
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tombtc
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August 29, 2016, 12:26:01 PM
 #4053

Is it better to have one big wallet or many smaller wallets for staking?
s3v3nh4cks
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August 29, 2016, 01:22:28 PM
 #4054

Is it better to have one big wallet or many smaller wallets for staking?

One wallet, many smaller inputs. 2k-5k are good input sizes

PIVX: DPQabewFmgSFxAtZPKszNKb2E6eHqPfJt5
B1tUnl0ck3r
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August 29, 2016, 07:39:19 PM
 #4055

Is it better to have one big wallet or many smaller wallets for staking?

One wallet, many smaller inputs. 2k-5k are good input sizes

Hello, It's not clear to me what you mean by having many smaller inputs. Is it to have a wallet.dat with different addresses with each one 2k-5k? Or one single address with everything on it? I think it's the first one. However I don't understand the logic behind it. Could you please explain a little bit more on that?

StakeBox
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August 29, 2016, 08:30:37 PM
 #4056

Is it better to have one big wallet or many smaller wallets for staking?

One wallet, many smaller inputs. 2k-5k are good input sizes

Hello, It's not clear to me what you mean by having many smaller inputs. Is it to have a wallet.dat with different addresses with each one 2k-5k? Or one single address with everything on it? I think it's the first one. However I don't understand the logic behind it. Could you please explain a little bit more on that?

As far as the staking is concerned there is no difference between a wallet that has 10 addresses, each with 2k DNET, and one address that you sent 2k DNET to 10 times. If you are experimenting with different input sizes trying to find the the most profitable way to set your wallet up for staking it may be convenient to use several addresses to better track things.

There is a fine line between having inputs that are large enough to stake in a reasonable time frame and enough inputs to have good odds of being the next person to stake.

I have experimented with different size inputs, and found that I get more stakes per day by letting them split down to the threshold where they stop splitting. I am not sure if you are aware, but whenever an input of yours stakes it splits into 2 inputs until splitting would drop the size of the inputs to less than nStakeSplitThreshold, which for DNET is 2000. This means that if left alone all of the inputs in your wallet will end up being between 2k and 4k.

I have even gone ahead and compiled a wallet with a different nStakeSplitThreshold, trying many sizes up to and including 50k. That leads me to believe that the threshold we have chosen is close to ideal. In a future wallet we will be bringing the ability to adjust the threshold out to the end user, either via a command line option or an RPC command.

Low power dedicated staking hardware, learn more at StakeBox.com
Raspberry Pi wallets at github.com/StakeBox
kokokoin
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August 30, 2016, 07:45:29 AM
 #4057

I have almost equal amount of DNET locked in masternodes and staking. Yesterday my masternodes earned 2.7x more DNET than staking wallet. Even minus VPS cost masternodes now more profitable.

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PLAY
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LIVE
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██████
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sweet bird
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August 30, 2016, 08:14:21 AM
 #4058

Its a POS project launched for shopping centers etc..
It includes many good features but it needs a lot of features to be added..
Hope to see it developed soon..
tombtc
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August 30, 2016, 09:34:56 AM
 #4059

I have almost equal amount of DNET locked in masternodes and staking. Yesterday my masternodes earned 2.7x more DNET than staking wallet. Even minus VPS cost masternodes now more profitable.

Thanks for sharing this! I am only staking at the moment as I thought staking / masternoding will be balanced and equally profitable. I think you're getting more coins to your masternodes because more people staking than running masternodes so the system gives more coins to masternodes to balance it.
jakiman
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August 30, 2016, 12:39:50 PM
 #4060

I have almost equal amount of DNET locked in masternodes and staking. Yesterday my masternodes earned 2.7x more DNET than staking wallet. Even minus VPS cost masternodes now more profitable.

Thanks for sharing this! I am only staking at the moment as I thought staking / masternoding will be balanced and equally profitable. I think you're getting more coins to your masternodes because more people staking than running masternodes so the system gives more coins to masternodes to balance it.

Here's the dev's explanation of the seesaw reward mechanism that is used to determine the split between the masternode and the staker of the block:
https://bitcointalk.org/index.php?topic=1262920.msg15952720#msg15952720

Also, you can see the current Stake vs Masternode block reward breakdown (near-real time) here:
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html

FYI - Estimated Payment per Masternode is currently incorrect as it takes into account the DNET count of the stake reward as well.
So you need to multiply the estimated payment by 31/45 to get the correct daily DNET payment & profitability of each masternode.


You can follow me on Twitter for the latest PIVX news & updates: https://twitter.com/jakimanboy
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