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Author Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN  (Read 741691 times)
The Crypto Baron
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August 14, 2017, 12:28:18 PM
 #8601

This site does not show any figures, maybe the dev. is also in this forum ...

http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html





...what do you mean?

Expected Payment per Masternode: every 1.47 days
Exchange Rate (Avg. from top 3 exchanges): 1.84421 USD
Reward for last Block: 4.50 PIV
Reward from last Block for Miners/Stakers: 2.21 PIV
Reward from last Block for Masternodes: 2.29 PIV
Estimated Payment per Masternode: 1.57 PIV / day
Estimated Payment in USD: <> $ 2.89 / day <> $ 86.61 / month <> $ 1053.80 / year
Estimated Payment in Euro: <> 2.45 € / day <> 73.43 € / month <> 893.44 € / year

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August 15, 2017, 09:29:37 AM
Last edit: August 15, 2017, 02:15:44 PM by JoostB
 #8602

Can someone explain me in which timeframe the SeeSaw Alog adjusts the payout for staking and for masternodes?

This seems to be very constant:

Reward from last Block for Miners/Stakers: 2.21 PIV
Reward from last Block for Masternodes: 2.29 PIV

As i read in this forum, it seems that with the same amount of pivx, u get higher reward than a masternode.

I just dont understand that, cuz this clould only happen, if the rewards % for stakers has not been adjusted for long time?

Everyone knows how often the percantage is adjusted? Daily? Weekly?

Thanks

It seems the seesaw algorithm adjusts after each block, my guess is that the number of MN vs stakers doesn't change much over time. I remember seeing 2.25 / 2.25 a couple of days ago, so it changes, but not by much.

The reward for stakers also depends upon the number of people staking and the number of coins in their wallets, when there are just a few people staking the frequency in which you receive stakes can get very high. Everything was already explained in this thread a few days back.

There is a big variance in frequency in which I receive stakes, sometimes I get 4 stakes in 1 day and sometimes I get just 1 stake in 2 or 3 days. I don't know what causes this behavior, considering the number of blocks generated per day I would expect the variance to be less. 
The Crypto Baron
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August 15, 2017, 03:36:13 PM
 #8603

Can someone explain me in which timeframe the SeeSaw Alog adjusts the payout for staking and for masternodes?

This seems to be very constant:

Reward from last Block for Miners/Stakers: 2.21 PIV
Reward from last Block for Masternodes: 2.29 PIV

As i read in this forum, it seems that with the same amount of pivx, u get higher reward than a masternode.

I just dont understand that, cuz this clould only happen, if the rewards % for stakers has not been adjusted for long time?

Everyone knows how often the percantage is adjusted? Daily? Weekly?

Thanks

The advantage comes through a higher potential frequency as a staker, not through a higher block reward.

If you get lucky and stake a block every day with 10k coins, you would earn more PIV than a master noder earning a block every 1.5 days (albeit the noder's block reward would be bigger) with the same amount of PIV.

However, while coin age is taken into account in the stake rewards, it's still very random while nodes pay consistently as long as they're up and running.

So really it's your choice:

1. Stake and maybe earn more block rewards

2. Node and earn consistent, reliable PIV payments

Personally... I stake

GRR
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August 15, 2017, 07:11:23 PM
 #8604

Hi, bought 15k PIVX today at the recent dip. Was it a good investment?
Turing
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August 15, 2017, 10:14:11 PM
 #8605

Hi, bought 15k PIVX today at the recent dip. Was it a good investment?

I ask that question before I buy something.

But yes, it is.
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August 16, 2017, 01:21:40 AM
 #8606

Hi, bought 15k PIVX today at the recent dip. Was it a good investment?
You can get a masternode for 10K and use the other 5K to play around in the market. Its a cheap price to get in now. Good decision  Wink
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August 16, 2017, 05:00:08 AM
 #8607

Hi, bought 15k PIVX today at the recent dip. Was it a good investment?
You can get a masternode for 10K and use the other 5K to play around in the market. Its a cheap price to get in now. Good decision  Wink

You would get much better rewards if you staked the 15k instead of having a masternode, if you play to hold it long term and not dump at soon as it goes up 20-30% Smiley

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August 16, 2017, 08:22:39 AM
 #8608

Hi, bought 15k PIVX today at the recent dip. Was it a good investment?

I ask that question before I buy something.

But yes, it is.

Well, I already know that PIVX is a strong top notch coin with a positive community, so I didn't really need advice IF I should buy PIVX. Just wanted some reassuring and happiness after I bought.
florincoinsforlife
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August 16, 2017, 11:31:48 AM
 #8609

So many cool stuff on the roadmap for the (near) future, such as zerocoin implementation and iOS wallet release. Can't wait!

Bought some more pivx on the dip  Grin
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August 16, 2017, 08:28:47 PM
 #8610

PIVX now has 17 languages officially translated (Pivx.org).  #17 is Croatian!

https://www.facebook.com/PIVXCrypto/photos/a.678897655604232.1073741828.637655089728489/777695459057784/?type=3&theater
tintumon
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August 17, 2017, 01:32:26 AM
 #8611

So many cool stuff on the roadmap for the (near) future, such as zerocoin implementation and iOS wallet release. Can't wait!

Bought some more pivx on the dip  Grin
2018 is going to be the year of PIVX. Great developers, strong community and they are working hard to deliver their promises.
I have high hopes for PIVX  long term.
izumaki
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August 18, 2017, 01:42:15 PM
 #8612

i just bought 22 pivx and i want to hold long term, please where can I store it?

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August 18, 2017, 02:00:26 PM
 #8613

i just bought 22 pivx and i want to hold long term, please where can I store it?

download and install the wallet:
https://pivx.org/get-pivx/wallet/

Cheers
ifyousmell
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August 18, 2017, 09:55:17 PM
 #8614

Pivix masternode is probably one of the most expensive coins to hold, now there comes new masternode coin project, competition begins. could be interesting.
Filmmmakerr
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August 18, 2017, 09:57:40 PM
 #8615

Seems like PIVX has been bouncing around $1-$2.50 for about a year now. When are we gonna see a $5 pivx?

Campaign Manager (2018)
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August 18, 2017, 10:02:24 PM
 #8616

one big advantage of Pivix  compared with other masternode coin is that the community, such a good and passionate community to support the development of the project.
Fuzzbawls
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August 19, 2017, 02:41:13 AM
 #8617

Seems like PIVX has been bouncing around $1-$2.50 for about a year now. When are we gonna see a $5 pivx?

I wish we lived in your timeline!

Aug 18, 2016: PIVX (then called DarkNet) was ~0.004 USD per PIV.
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August 19, 2017, 07:30:34 AM
 #8618

Masternode - i did not get any reward after the mandatory update.

Now 3 days are gone, MN Status enabled, active 3 days


Is that normal??? Thought it takes max. 2 days, after restarting a node ....



had to wait ~4 days after update/restart ...
Mrs-X
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August 19, 2017, 07:52:26 AM
 #8619

Masternode - i did not get any reward after the mandatory update.

Now 3 days are gone, MN Status enabled, active 3 days

Is that normal??? Thought it takes max. 2 days, after restarting a node ....


That's normal.

Normally you get a masternode payment every ( <number of masternodes> divided by 1440 ) days on average, right now that's about 1957/1440 = 1.40 days.

After a restart (which is needed in case of a protocol update) this is a bit more, depending how long ago your last payment was and how much masternodes were updated before yours.

Best case: you update right after your masternode got its last payment, and coincidentally you're the first masternode to update.

Worst case: you update right before the next payment would have happened (means you already waited for 1.4 days), and you're the last masternode to update, means you'd have to wait another 1.4 days for your first payment.

Add to that roughly half a day (depending on your luck) and you have a ballpark estimation.
FermatMX
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August 20, 2017, 08:20:40 PM
 #8620

$2.00 USD looks a price to be for a while.. goes up and down around this price..

Juan Manuel Cancino
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