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Author Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN  (Read 782159 times)
Ricklosti
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March 22, 2017, 06:35:10 AM
 #6441

Do you guys think this coin is "THE" Bitcoin killer?
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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presstab
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March 22, 2017, 06:52:19 AM
 #6442

If you send coins to yourself, but to a different address, does it not show up on the recent transactions on the overview screen? How do you know how many confirmations you have on the address that has the coins? Have to go to coin control to figure it out?

Does it also not show up on the transactions tab?

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
scaryvirus
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March 22, 2017, 06:57:33 AM
 #6443

I got worried I missed out on a good coin, but I just saw it uses zerocoin protocol, about as useless as zero knowledge protocols - both use trusted set-up. I guess people are tired of trustless crypto, they want to trust the trusted set-up holders won't print money for themselves out of goodness of their hearts
avitas
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March 22, 2017, 06:58:52 AM
 #6444

Do you guys think this coin is "THE" Bitcoin killer?

It may be 'the' bitcoin ' supplementer '

Everyone keep looking for the bitcoin 2.0 they forgot to do it with the purest of intentions.

Learn from past mistakes and have a good future looking plan and I think think baby's got the magic touch.

Just hoooold on..

https://youtu.be/Le-3MIBxQTw
max8888
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March 22, 2017, 07:10:45 AM
 #6445

huge dump and a rebound killing 60 BTC sell wall ,,, even distribution my ass
Ricklosti
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March 22, 2017, 07:11:06 AM
 #6446

If you send coins to yourself, but to a different address, does it not show up on the recent transactions on the overview screen? How do you know how many confirmations you have on the address that has the coins? Have to go to coin control to figure it out?

Does it also not show up on the transactions tab?
Sort of. Not looking at the wallet at the moment, but as I recall, it said sent to self, and shows only the fee. But doesn't show the label of the new receiving address or the balance of the transaction. Looked like all the details show up in coin control though.
Ricklosti
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March 22, 2017, 07:19:00 AM
 #6447

I got worried I missed out on a good coin, but I just saw it uses zerocoin protocol, about as useless as zero knowledge protocols - both use trusted set-up. I guess people are tired of trustless crypto, they want to trust the trusted set-up holders won't print money for themselves out of goodness of their hearts
I am still learning about the coin, so maybe someone else can answer, but I don't think it is actually setup to work that way.  How do you think they can they print money for themselves?
max8888
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March 22, 2017, 07:26:52 AM
 #6448

I got worried I missed out on a good coin, but I just saw it uses zerocoin protocol, about as useless as zero knowledge protocols - both use trusted set-up. I guess people are tired of trustless crypto, they want to trust the trusted set-up holders won't print money for themselves out of goodness of their hearts
I am still learning about the coin, so maybe someone else can answer, but I don't think it is actually setup to work that way.  How do you think they can they print money for themselves?

bad coins don't need 50 BTC sell walls to suppress price . guess this coin stole to much attention
vivland
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March 22, 2017, 07:29:06 AM
 #6449

Tell me please, how many PIVX coins do you need to have on your wallet to start pos mining?

francisthecrusher
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March 22, 2017, 07:30:58 AM
 #6450

I got worried I missed out on a good coin, but I just saw it uses zerocoin protocol, about as useless as zero knowledge protocols - both use trusted set-up. I guess people are tired of trustless crypto, they want to trust the trusted set-up holders won't print money for themselves out of goodness of their hearts
I am still learning about the coin, so maybe someone else can answer, but I don't think it is actually setup to work that way.  How do you think they can they print money for themselves?

You must trust that the founders destroyed the nonce used in generating the initial parameters. If they didn't then they can see all your transactions and print as many coins as they want without being detected (dropping the value of the coin). Zerocoin is not trustless, you may as wall use ripple - or a bank.
max8888
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March 22, 2017, 07:39:58 AM
 #6451

I got worried I missed out on a good coin, but I just saw it uses zerocoin protocol, about as useless as zero knowledge protocols - both use trusted set-up. I guess people are tired of trustless crypto, they want to trust the trusted set-up holders won't print money for themselves out of goodness of their hearts
I am still learning about the coin, so maybe someone else can answer, but I don't think it is actually setup to work that way.  How do you think they can they print money for themselves?

You must trust that the founders destroyed the nonce used in generating the initial parameters. If they didn't then they can see all your transactions and print as many coins as they want without being detected (dropping the value of the coin). Zerocoin is not trustless, you may as wall use ripple - or a bank.

thankz for the info.
jakiman
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March 22, 2017, 07:45:04 AM
 #6452

I got worried I missed out on a good coin, but I just saw it uses zerocoin protocol, about as useless as zero knowledge protocols - both use trusted set-up. I guess people are tired of trustless crypto, they want to trust the trusted set-up holders won't print money for themselves out of goodness of their hearts
I am still learning about the coin, so maybe someone else can answer, but I don't think it is actually setup to work that way.  How do you think they can they print money for themselves?

You must trust that the founders destroyed the nonce used in generating the initial parameters. If they didn't then they can see all your transactions and print as many coins as they want without being detected (dropping the value of the coin). Zerocoin is not trustless, you may as wall use ripple - or a bank.

Just to clarify. We currently DO NOT use libzerocoin protocol. It is still in the implentation phase.
Also, printing coins at will is not possible nor are the tranactions fully hidden to do so anyways.

Good tries at fudding though. Hope you got some cheap PIVX! Grin

Jenny Moll
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March 22, 2017, 07:47:42 AM
 #6453

It is said that DNET has changed to become PIVX. And the price is very high, very fast. This is the mining of coins, using zero-knowledge privacy.
Ricklosti
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March 22, 2017, 07:48:20 AM
 #6454

Tell me please, how many PIVX coins do you need to have on your wallet to start pos mining?
From the explorer info, looks like around 2,000 coins. The average weight is about 3,800 and the median is much lower.
max8888
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March 22, 2017, 07:53:23 AM
 #6455

somebody with 70 BTC of PIVX on bitrex floating around droping ridiculous sell walls driving down the price
andhar
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March 22, 2017, 08:01:46 AM
 #6456

Let the dump commence. Cool
dishwara
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March 22, 2017, 08:05:13 AM
 #6457

Hello,

can anybody give me some info abut pivx for this picture here?

becauseI
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March 22, 2017, 09:19:25 AM
 #6458

Hello,

can anybody give me some info abut pivx for this picture here?



In your Graphic bitcoin looks very undervalued

q327K091
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March 22, 2017, 10:38:19 AM
 #6459

Let the dump commence. Cool


ohhhh no I am so scared, thank you for notifying
Redni
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March 22, 2017, 10:41:59 AM
 #6460

Please do not clutter this topic with your opinions on DUMP and PUMP. Nobody knows the future. We have a nice community focused on development and thinking about long-term investment. Do not destroy it.
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