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

[bitbadger]

Just curious what is the financial benefit of running a PIVX masternode?

Presumably the operator gets a share of the transaction fees. Is mining involved as well?

Apologies if these points were mentioned earlier in the thread, but I don't have time to go through the whole 300 odd pages so far.

Thanks in advance.

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[DRPD]

Just curious what is the financial benefit of running a PIVX masternode?

check the link of the post above, u can see the current rewards for staking and nodes there (rewards changing all the time)  

Presumably the operator gets a share of the transaction fees. Is mining involved as well?

no mining is over since august 2016 if  i remember right
edit: you can mine other coins and get paid with pivx
check this post https://bitcointalk.org/index.php?topic=1262920.msg18159054#msg18159054



Apologies if these points were mentioned earlier in the thread, but I don't have time to go through the whole 300 odd pages so far.

Thanks in advance.

NP we are here to help

rewards will be reduced ~13hrs from now, next reduction ~30 day from now

expect a significant inflation reduction within next ~31 days

check OP: PoS Rewards Breakdown Section for more info

[nov]

I selected vultr with
1 vCore
RAM:
512 MB
Storage:
20 GB SSD

hosting plan.

Could you tell me how to configure 5 nodes with 5 ipv6 addresses?
"you can run 5 nodes for 5 bucks /Month  (you get 5 ipv6 adresses) "

I selected cheapest vultr hosting option 2.5 usd per month for now.

Thanks, going to prepare masternode probably in the meantime.

Do you know any ideal low cost VPS provider, please?

Thanks. Now I see the green up arrow icon and it displays "Staking is active"!

Expected, it takes a while to activate. Again, hit the dedicated #support channel or forums if you want fast and dedicated support.

sounds good you should be fine now, it takes a while until you get your first reward
happy staking

well vultr is quite cheap and they had an upgrade a little while ago (https://www.vultr.com/)
you can run 5 nodes for 5 bucks /Month  (you get 5 ipv6 adresses)
but you need some ubuntu, shell, ssh skills.

if want to run only one node and don't have experience with ubuntu and stuff i recommend mp-hosting
http://my.mp-hosting.co.uk

edit there is also a support forum for mp-hosting if you have questions:
https://bitcointalk.org/index.php?topic=1400910.0

[DRPD]

I selected vultr with
1 vCore
RAM:
512 MB
Storage:
20 GB SSD

hosting plan.

....

sorry not possible for 5 nodes. As I have mentioned you need at least the a server for 5 bucks / month, for 5 nodes
 1 CPU 1024MB Memory 25GB HDD

vultr 5 nodes setup guide from mxnsch here:
https://drive.google.com/open?id=0B_Egj11irGZyWGhyMHJGYm1qTDQ (this is for the old darknet version)

changes for pivx version, link for new pivx script please read my post here:
https://bitcointalk.org/index.php?topic=1262920.msg17650990#msg17650990

if you need more help please go to slack or off forum i'm sure jakiman or borris123 will help you out

[kbhutto]

ATH price once again!

0.00016000

I think buy side at trex is also at ATH: 134.316 BTC

Exciting days ahead

[shimlbit]

if someone knows how to get the coins back from corrupted wallet i make an offer..i have a masternode wallet which got corrupted for months now..

if YOU know how to get it back i would give it away for a donation..worth over 1.4 btc now

i guess its easy to get it back but i failed and wont that 10k coins are out of the network.

[DRPD]

if someone knows how to get the coins back from corrupted wallet i make an offer..i have a masternode wallet which got corrupted for months now..

if YOU know how to get it back i would give it away for a donation..worth over 1.4 btc now

i guess its easy to get it back but i failed and wont that 10k coins are out of the network.

hmm i can at least try for you. can you send me the download link for your wallet.dat with pm?

edit: if you only have a corrupted chain database: this is easy to solve.
if your wallet.dat file is really corrupt i can try the recover with professional (and expensive) data rescue sw which i use for my it business

anyway you don't have to pay me either way
maybe 0.25 donation for me and 0.25 for pivx project but only if i need expensive rescue sw.

[bobitza202]

if someone knows how to get the coins back from corrupted wallet i make an offer..i have a masternode wallet which got corrupted for months now..

if YOU know how to get it back i would give it away for a donation..worth over 1.4 btc now

i guess its easy to get it back but i failed and wont that 10k coins are out of the network.

I'm sorry to hear about that i usually make 5-6 backups in cold storage of any wallet to specifically prevent any loss that can be caused by corruption.You should send the wallet to DRPD, he seems very eligible for the job 

[Assman]

Trying to stake and followed the tutorial here: https://forum.pivx.org/t/how-to-stake-your-pivx-coins-basic/131/3

I went through all the steps in the video. Wallet is funded, encrypted and unlocked for anon and staking only. Wallet is fully synched. Yes, changed the config file to "staking=1"

But the arrow is still grey not green and says "Staking is not active. Multisend: not active"

What do I do? Thanks

[werwortmann]

Trying to stake and followed the tutorial here: https://forum.pivx.org/t/how-to-stake-your-pivx-coins-basic/131/3

I went through all the steps in the video. Wallet is funded, encrypted and unlocked for anon and staking only. Wallet is fully synched. Yes, changed the config file to "staking=1"

But the arrow is still grey not green and says "Staking is not active. Multisend: not active"

What do I do? Thanks

After the first time you sync your chain it requires you to restart the wallet before it will stake, that might be it.

[badenglishtea]

Reminder that PIVX has a very strong Slack community. We now have over 550 community members on Slack. The group is very helpful with support, you can get involved in marketing, web, or other community functions. Also a number of multi-language channels and random channels like trading, etc. You can join here: http://slack.pivx.org/.

The good news is price is rising and there has continued to be very strong buy support. Masternode count is approaching 2k. Development is picking up at a very fast clip. Last update five days ago: https://github.com/PIVX-Project/PIVX/releases/. Tons of bug fixes, and improvements.

Keep up the great work everyone.

[Assman]

Trying to stake and followed the tutorial here: https://forum.pivx.org/t/how-to-stake-your-pivx-coins-basic/131/3

I went through all the steps in the video. Wallet is funded, encrypted and unlocked for anon and staking only. Wallet is fully synched. Yes, changed the config file to "staking=1"

But the arrow is still grey not green and says "Staking is not active. Multisend: not active"

What do I do? Thanks

After the first time you sync your chain it requires you to restart the wallet before it will stake, that might be it.

Unfortunately I've tried that a few times and it doesn't work.  One of the comments in that thread said there's some additional code after "staking=1" but they didn't link to where I can find it?

[DiCE1904]

Trying to stake and followed the tutorial here: https://forum.pivx.org/t/how-to-stake-your-pivx-coins-basic/131/3

I went through all the steps in the video. Wallet is funded, encrypted and unlocked for anon and staking only. Wallet is fully synched. Yes, changed the config file to "staking=1"

But the arrow is still grey not green and says "Staking is not active. Multisend: not active"

What do I do? Thanks

After the first time you sync your chain it requires you to restart the wallet before it will stake, that might be it.

Unfortunately I've tried that a few times and it doesn't work.  One of the comments in that thread said there's some additional code after "staking=1" but they didn't link to where I can find it?

In the wallet click tools > Open configuration file
add a line that says

Code:

staking=1

Save and close
Restart wallet

[werwortmann]

Trying to stake and followed the tutorial here: https://forum.pivx.org/t/how-to-stake-your-pivx-coins-basic/131/3

I went through all the steps in the video. Wallet is funded, encrypted and unlocked for anon and staking only. Wallet is fully synched. Yes, changed the config file to "staking=1"

But the arrow is still grey not green and says "Staking is not active. Multisend: not active"

What do I do? Thanks

After the first time you sync your chain it requires you to restart the wallet before it will stake, that might be it.

Unfortunately I've tried that a few times and it doesn't work.  One of the comments in that thread said there's some additional code after "staking=1" but they didn't link to where I can find it?

Your config file should look like this:
listen=1
server=1
daemon=1
staking=1
logtimestamps=1
masternode=0
rpcuser=CHOSENUSERNAME
rpcpassword=CHOSENPASSWORD
rpcallowip=127.0.0.1
rpcport=51470
port=51472


listen, daemon are very important
pick any unique user and a long password. So if you have multiple wallets/masternodes have different usernames

[kbhutto]

Phew!!! what a dump! 460K!! Slowly going back up now.

[werwortmann]

The last three days seems like a typical pump and dump to me, the gradual steady growth should return soon

[q327K091]

Phew!!! what a dump! 460K!! Slowly going back up now.

exciting times right ? was a good time to pick new nodes.. I just dont have any free BTC left to play with... it really feel that are people that sell from the top in such a way that it causes others to react (in panic lol) and then (moment is measured like a science)  they pick for 1/2 price new nodes and grow coins that way.. better than master nodes payout! but one has to have guts to do that, many I guess perfected this craft

[cryptohunter]

we should consider more discussing pivx on the main board

dash and xmr have the idea

polo troll box another good place

[Redni]

PIVX faucet on thecryptochat.net back to online

[bitowner]

Guys, only one vote left for PIVX been added to POSWallet


Forget it, I've misread... in fact we are at 99/1000, so 801 votes left...