[ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN

[cryptomaxsun]

Masternode constantly disappear from the active list. The port is open, the server that is hanging out there a few masternodes other coins, it's all right, no payments for a week, until this week, has worked steadily.
What is the problem?

[1714040942]

1714040942

[1714040942]

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[1714040942]

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[danonthehill]

here is Option 2 from my point of view,  the coins production is reduced by 25% over the first 3 yrs. Each PoS Phase has been adjusted to 180 day cycle

PoW Phase = 84,600,00 + Possible Budget of 8,460,000 = 93,060,000 or less

PoS Phase 1: (100 DNET per block) Blocks 259201 - 518400 [259200 blocks] 25,920,000 DNET + Possible Budget of 2,592,000 = 28,512,000 or less)

PoS Phase 2: (50 DNET per block) Blocks 518401 - 777600 [259200 blocks] 12,960,000 DNET + Possible Budget of 1,296,000 = 14,256,000 or less)

PoS Phase 3: (25 DNET per block) Blocks 777601- 1036800 [259200 blocks] 6,480,000 DNET + Possible Budget of 648,000 = 7,128,000 or less)

PoS Phase 4: (12.5 DNET per block) Blocks 1036801- 1296000 [259200 blocks] 3,240,000 DNET + Possible Budget of 324,000 = 3,564,000 or less)

PoS Phase 5: (5 DNET per block) Blocks 1296001 + [259200 blocks] 1,296,000 per yr there after + Possible Budget of 129600 = 1,425,600 or less)

[End of Phase 5: 147.945.600]

Personally, I would like to see that total cut and half.  Really don't see a need to have that many coins released in that timeframe for a stable functioning currency.

ok, I will work the numbers, but you do realize that that requires drastic changes, which if I recall you were against not long ago.

Don't get me wrong, I'll support changes however drastic, if they make a stronger network and help support the market.  I have a bias towards encouraging masternodes, because I know the anon developments are likely to take time, and my perception was the growing number of masternodes would be an indicator to others that coin network is strong.  However, I now also appreciate that POS staking plays a more important role in keeping the network secure. 

New POW schedule looks good. Your new proposal for extended POW, weekly drops and schedule I think will be better if it allows masternode growth to continue and focus on POS later. 

[tintumon]

I have a simple question, how often do you get paid once you set up the masternode?

[NoobKidOnTheBlock]

Can someone please help me out about the POS for this coin. Like do you only receive POS if you own a masternode or is there some way to turn the staking on? I just want some help cause I don't really know what I'm doing lol

[EleanorZ]

Masternode constantly disappear from the active list. What is the problem?

Are all your wallets (MN + controller) on v. 1.0.2.1? I had that problem after updating, but eventually realized that the update hadn't worked properly on one of my MNs. Once I double-confirmed that all wallets were on the new version everything was fine.

I have a simple question, how often do you get paid once you set up the masternode?

For me, it was at least 3x/day/MN at first, but for the last few days it's been closer to 2x/day/MN. It takes around 24 hours (sometimes more) for the first payment to come in.

Can someone please help me out about the POS for this coin. Like do you only receive POS if you own a masternode or is there some way to turn the staking on? I just want some help cause I don't really know what I'm doing lol

PoS doesn't start until block 259201, so we're only 1/3 of the way there. You can't stake until after that point. For now, the only ways to get DNET are by mining, running a MN, or buying on an exchange.

[tintumon]

Masternode constantly disappear from the active list. What is the problem?

Are all your wallets (MN + controller) on v. 1.0.2.1? I had that problem after updating, but eventually realized that the update hadn't worked properly on one of my MNs. Once I double-confirmed that all wallets were on the new version everything was fine.

I have a simple question, how often do you get paid once you set up the masternode?

For me, it was at least 3x/day/MN at first, but for the last few days it's been closer to 2x/day/MN. It takes around 24 hours (sometimes more) for the first payment to come in.

Can someone please help me out about the POS for this coin. Like do you only receive POS if you own a masternode or is there some way to turn the staking on? I just want some help cause I don't really know what I'm doing lol

PoS doesn't start until block 259201, so we're only 1/3 of the way there. You can't stake until after that point. For now, the only ways to get DNET are by mining, running a MN, or buying on an exchange.

Thanks, I am still waiting for my first payment and have been running for the last 32 hours or so.
Is there any way of checking, if my masternode is running properly.

[EleanorZ]

Thanks, I am still waiting for my first payment and have been running for the last 32 hours or so.
Is there any way of checking, if my masternode is running properly.

In the Debug Console, type

Code:

masternode list-conf

If one/several are missing, type

Code:

masternode start-missing

or

Code:

masternode start-alias YOURMASTERNODENAME

You can also use

Code:

masternode start-many

...but that may restart all your MNs and reset the payment schedule.

All of this is assuming that your MN is configured properly and that all wallets are on the current version. Borris123's guide should help you if there are any set-up issues. If your MNs continue to go missing, make sure the wallet versions are all the same, and make sure that the private keys and transaction IDs are correct. You can also try re-indexing your wallets. If they stay enabled for more than a few hours, you're probably good to go.

[4x13]

Can someone please help me out about the POS for this coin. Like do you only receive POS if you own a masternode or is there some way to turn the staking on? I just want some help cause I don't really know what I'm doing lol

As I already stated. the PoS does not start until Block 259201. If you want to host a masternode, there are rewards issued once per minute.. Details are in the OP

[fedmahnkassad]

taking bathrobhero's suggestion into account, I like how the numbers look after the first year. They are not too low, but are low enough. What are your thoughts??

REWARDS REDUCE EVERY 7 DAYS: [10080 Blocks]

Year 1: 117,269,200
Year 2: 2,671,200
Year 3: 2,620,800
Year 4: 2,620,800
Year 5: 2,620,800

After 5 Years: Max Coin Supply: 143,355,080

First 6 months of PoS

250 - 2,520,000
240 - 2,419,200
230 - 2,318,400
220 - 2,217,600
210 - 2,116,800
200 - 2,016,000
190 - 1,915,200
180 - 1.814,400
170 - 1,713,600
160 - 1,612,800
150 - 1,512,000
140 - 1,411,200
130 - 1.310.400
120 - 1,209,600
110 - 1,118,800
100 - 1,008,000
90 - 907,200
80 - 806,400
70 - 705,600
60 - 604,800
50 - 504,000
40 - 403,200
30 - 302.400
20 - 201,600

Year 2:

10 - 100,800
5 - 50400 x 51 weeks

Year 3 +

5 - 50400 x 52 weeks

Why, such a big drop between year 1 and year 2? This imho a big put off for people who would like to buy now but know that the price is bound to go down for at least a few months more.

Year 1: 117,269,200
Year 2: 2,671,200

[StakeBox]

Why, such a big drop between year 1 and year 2? This imho a big put off for people who would like to buy now but know that the price is bound to go down for at least a few months more.

Year 1: 117,269,200
Year 2: 2,671,200

The idea is to get a lot of coins out in the wild, with a nice circulation, before the beginning of PoS. Right now we seem to have the highest hashrate of any other quark based coin I looked at, by a longshot. That is providing for a very secure network. In order to have a similar level of security during PoS a high number of coins is required. If you think of each coin as a mining machine, and each wallet as a miner, you can see why this is important. Once we have enough coins to securely switch to PoS we will taper off the coin supply, as there is no need to continue the high rate of inflation such rapid coin production yields. We decided to reduce the coin supply over as short a time as possible to reduce the overall supply as much as could be. We choose to reduce things at as steady a rate as reasonable to help prevent the wild swings in prices that would come with sharp reductions such as halvings.

[tintumon]

Thanks, I am still waiting for my first payment and have been running for the last 32 hours or so.
Is there any way of checking, if my masternode is running properly.

In the Debug Console, type

Code:

masternode list-conf

If one/several are missing, type

Code:

masternode start-missing

or

Code:

masternode start-alias YOURMASTERNODENAME

You can also use

Code:

masternode start-many

...but that may restart all your MNs and reset the payment schedule.

All of this is assuming that your MN is configured properly and that all wallets are on the current version. Borris123's guide should help you if there are any set-up issues. If your MNs continue to go missing, make sure the wallet versions are all the same, and make sure that the private keys and transaction IDs are correct. You can also try re-indexing your wallets. If they stay enabled for more than a few hours, you're probably good to go.

Thanks EleanorZ, All seems working now.

[q327K091]

update: preparing funds for 16th MN  (after updating codebase from git master, MN rewards are steady and consistent, network is working just fine)

transferring funds, and activating ...

[NoobKidOnTheBlock]

Can someone please help me out about the POS for this coin. Like do you only receive POS if you own a masternode or is there some way to turn the staking on? I just want some help cause I don't really know what I'm doing lol

As I already stated. the PoS does not start until Block 259201. If you want to host a masternode, there are rewards issued once per minute.. Details are in the OP

Oh okay so the POS doesn't start till after block 259201 lol my bad and will my wallet just start staking after that without me having to do anything to it?

[4x13]

Can someone please help me out about the POS for this coin. Like do you only receive POS if you own a masternode or is there some way to turn the staking on? I just want some help cause I don't really know what I'm doing lol

As I already stated. the PoS does not start until Block 259201. If you want to host a masternode, there are rewards issued once per minute.. Details are in the OP

Oh okay so the POS doesn't start till after block 259201 lol my bad and will my wallet just start staking after that without me having to do anything to it?

Yes, but there will be a Wallet update at the start of PoS..

[tintumon]

One more noob question.

I have a single wallet running as a masternode.
Can I create different addresses on the same wallet, and store my coins on it?
If I send more coins to the same wallet, but to different address, would it stop acting like a masternode?

[q327K091]

Dear developers

seeing some reverts in the codebase.. something to worry about ? or just work in progress which is fine and great!, because I am up and running with 16 servers with 0 problems  


https://github.com/Darknet-Crypto/Darknet/commit/4fd7c2d2f2aafa5319a56680236414378b71d672


and the inflationary reduction (as per time table above) is great also , seems like you gearing self to stick around for a long time as "S" envisioned   people just tend to forget about it.. this whole enterprise will run way past 2020  according to his vision

and of course 0 sell from me, I am part of your price support

okey dokey: just started 16th masternode , have a great remainder of the weekend!

[4x13]

Dear developers

seeing some reverts in the codebase.. something to worry about ? or just work in progress which is fine and great!, because I am up and running with 16 servers with 0 problems  


https://github.com/Darknet-Crypto/Darknet/commit/4fd7c2d2f2aafa5319a56680236414378b71d672


and the inflationary reduction (as per time table above) is great also , seems like you gearing self to stick around for a long time as "S" envisioned   people just tend to forget about it.. this whole enterprise will run way past 2020  according to his vision

and of course 0 sell from me, I am part of your price support

okey dokey: just started 16th masternode , have a great remainder of the weekend!

We had stepped back from our 1.0.2.0 update and released the latest wallet to establish what the issue was with the network, While it was nothing to do with the updates, we chose to continue with the latest version and will be incorporating those changes back in the coming weeks.

[4x13]

One more noob question.

I have a single wallet running as a masternode.
Can I create different addresses on the same wallet, and store my coins on it?
If I send more coins to the same wallet, but to different address, would it stop acting like a masternode?

You can have as many address in your wallet as you choose, but you can only run one masternode per unique IP and or wallet. if you choose to run more than one masternode, I would suggest using the Controller Wallet/Remote Masternode setup that is listed in the OP.

[StakeBox]

Any Node.js and Python gurus in here? PM s3v3nh4cks or myself.

[jakiman]

Can confirm that masternode payments got corrected to 50 DNET now after block 86400.