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Author Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN  (Read 782150 times)
The Crypto Baron
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April 25, 2017, 02:09:39 PM
 #7661

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

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April 25, 2017, 02:28:49 PM
 #7662

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too
nov
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April 25, 2017, 04:06:18 PM
 #7663

Very interesting:
https://www.dashforcenews.com/5-reasons-why-dash-evolution-will-blow-competitors-away/

https://youtu.be/7J4m04Tkfb4

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q327K091
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April 25, 2017, 07:02:53 PM
Last edit: April 25, 2017, 07:18:52 PM by q327K091
 #7664


Dash: 2 million coins pre-mined or 72,000,000 (sorry my mistake x 2 staggering amount of 144,000,000 dollars!)  USD escaped open market trade to hands of a few or downright fraud has been committed  

hence.. not very interesting, at least not to many
Assman
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April 25, 2017, 09:12:46 PM
 #7665

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too

Interesting.  Why does it take so long?

presstab
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April 25, 2017, 10:04:58 PM
 #7666

Everyone needs to upgrade to 2.2 now. It is mandatory and you will be kicked off the network if you don't.

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
iloveBTCtomuch
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April 25, 2017, 10:14:35 PM
Last edit: April 25, 2017, 10:35:46 PM by iloveBTCtomuch
 #7667

Quote
Very interesting:
https://www.dashforcenews.com/5-reasons-why-dash-evolution-will-blow-competitors-away/

https://youtu.be/7J4m04Tkfb4

Dash: 2 million coins pre-mined or 72,000,000 (sorry my mistake x 2 staggering amount of 144,000,000 dollars!)  USD escaped open market trade to hands of a few or downright fraud has been committed  

hence.. not very interesting, at least not to many

Nope not true, it was not a pre-mine it was an instamine, and their is lots and lots of info on that. On the other hand:
PIVX a 100% fastmine

To sum it up:
-DASH is only a 10% instamine of the totall coin supply  vs 100% fastmine with masternodes earning straight from the start with PIVX
- PIVX had only a mining periode of 181 day's, 70% minined out in less than 100 days
- PIVx two anonymous creators did burn their pre-mine of 6 masternodes, but kept the rewards (anyways it worked out well from a markting perspective, my compliments )
- PIVX masternodes earned straight from the start, the rewards where so large that early holders, never had to sell their mn
- PIVX hash-rate has been very low during the POW mining fase, aka few people where mining it
- PIVX its coin distribution especially during and just after the POW fase was very concentrated, still close to 250 addresses held during this quick rise in marketcap (the smart owners either sold off allot or at the very least divided their holdings of multiple addresses
http://www.presstab.pw/phpexplorer/PIVX/richlist.php?count=250

Very little info to clear up the 100% fastmine of PIVX but plenty of good information on DASH it's 10% instamine:

Evan Duffield has no more than 256,000 Dash and will give away 80% of that to fund DAOs within DASH https://www.reddit.com/r/dashpay/comments/62jc3b/evan_duffield_has_no_more_than_256000_dash_and/
Dash Instamine Issue Clarification https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification
Instamine FAQ https://dashpay.atlassian.net/wiki/display/DOC/Legacy+FAQ#LegacyFAQ-WasDashInstamined
Was The Instamine A Positive Thing For Dash? https://dashdot.io/alpha/?page_id=118
My View: Dash’s Instamine Is Not A Problem http://fintekneeks.com/my-view-dashs-pre-mine-is-not-a-problem/
Deep technical analysis of the early mining and distribution https://bitcointalk.org/index.php?topic=421615.msg15619552#msg15619552
Confessions of a Instaminer Hashman https://bitcointalk.org/index.php?topic=421615.msg18041424#msg18041424
SweetHodler
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April 25, 2017, 11:33:32 PM
 #7668

when are we going back to the moon?  Cry
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April 25, 2017, 11:42:06 PM
 #7669

when are we going back to the moon?  Cry
in need of a lots gas now as we seen a big downfall, its a matter of time and community support before this coin will bring back to the moon
price really moving down and a lots of support from the team, keep holding and try to buy more.
q327K091
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April 26, 2017, 01:35:30 AM
 #7670

Quote
Very interesting:
https://www.dashforcenews.com/5-reasons-why-dash-evolution-will-blow-competitors-away/

https://youtu.be/7J4m04Tkfb4

Dash: 2 million coins pre-mined or 72,000,000 (sorry my mistake x 2 staggering amount of 144,000,000 dollars!)  USD escaped open market trade to hands of a few or downright fraud has been committed  

hence.. not very interesting, at least not to many

Nope not true, it was not a pre-mine it was an instamine, and their is lots and lots of info on that. On the other hand:
PIVX a 100% fastmine

To sum it up:
-DASH is only a 10% instamine of the totall coin supply  vs 100% fastmine with masternodes earning straight from the start with PIVX
- PIVX had only a mining periode of 181 day's, 70% minined out in less than 100 days
- PIVx two anonymous creators did burn their pre-mine of 6 masternodes, but kept the rewards (anyways it worked out well from a markting perspective, my compliments )
- PIVX masternodes earned straight from the start, the rewards where so large that early holders, never had to sell their mn
- PIVX hash-rate has been very low during the POW mining fase, aka few people where mining it
- PIVX its coin distribution especially during and just after the POW fase was very concentrated, still close to 250 addresses held during this quick rise in marketcap (the smart owners either sold off allot or at the very least divided their holdings of multiple addresses
http://www.presstab.pw/phpexplorer/PIVX/richlist.php?count=250

Very little info to clear up the 100% fastmine of PIVX but plenty of good information on DASH it's 10% instamine:

Evan Duffield has no more than 256,000 Dash and will give away 80% of that to fund DAOs within DASH https://www.reddit.com/r/dashpay/comments/62jc3b/evan_duffield_has_no_more_than_256000_dash_and/
Dash Instamine Issue Clarification https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification
Instamine FAQ https://dashpay.atlassian.net/wiki/display/DOC/Legacy+FAQ#LegacyFAQ-WasDashInstamined
Was The Instamine A Positive Thing For Dash? https://dashdot.io/alpha/?page_id=118
My View: Dash’s Instamine Is Not A Problem http://fintekneeks.com/my-view-dashs-pre-mine-is-not-a-problem/
Deep technical analysis of the early mining and distribution https://bitcointalk.org/index.php?topic=421615.msg15619552#msg15619552
Confessions of a Instaminer Hashman https://bitcointalk.org/index.php?topic=421615.msg18041424#msg18041424


no Sir, I aint buying Dash, too risky
The Crypto Baron
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April 26, 2017, 12:25:59 PM
 #7671

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too

I got hit with the Windows Tuesday update to crash my wallet overnight, and woke up to error messages, so now I have to resync right at that 3 day mark  Undecided

What's the 3 day wait for anyway? 

mikegi
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April 26, 2017, 12:28:56 PM
 #7672

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too

According to one of my masternodes about an hour ago, here's a list of the largest uptimes  for unpaid masternodes in seconds....

  325883
  325933
  325984
  326057
  326120
  326139
  331264
  340139
  345954
  408003

The last one seems to be an outlier, it's possible that it is misconfigured.  (Yesterday when I looked the oldest ones were in the 360000 seconds range.

At the moment, the oldest unpaid masternode was started 113 hours (4.7 days) ago and the next one 96 hours (4 days).

I would say be patient and don't mess with anything if you started less than 4 days ago.
Can't say for sure how long it would take if a masternode was restarted today.

If you would like to check that the masternode is running ok can try running the following on the masternode.

"$ pivx-cli masternode debug
Masternode successfully started"

If it is more than four days, you might want to have a check that how many peers are connected and that other peers are able to connect to it.

Maybe someone with more technical knowledge here can could provide some more detail for things to check.

I suppose... it is ok for a masternode to not have any inbound peers as long as masternodes are able to make connections to the masternode's port 51472 at its advertised IP address or TOR address.
cryptohunter
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April 26, 2017, 12:32:45 PM
 #7673

Quote
Very interesting:
https://www.dashforcenews.com/5-reasons-why-dash-evolution-will-blow-competitors-away/

https://youtu.be/7J4m04Tkfb4

Dash: 2 million coins pre-mined or 72,000,000 (sorry my mistake x 2 staggering amount of 144,000,000 dollars!)  USD escaped open market trade to hands of a few or downright fraud has been committed  

hence.. not very interesting, at least not to many

Nope not true, it was not a pre-mine it was an instamine, and their is lots and lots of info on that. On the other hand:
PIVX a 100% fastmine

To sum it up:
-DASH is only a 10% instamine of the totall coin supply  vs 100% fastmine with masternodes earning straight from the start with PIVX
- PIVX had only a mining periode of 181 day's, 70% minined out in less than 100 days
- PIVx two anonymous creators did burn their pre-mine of 6 masternodes, but kept the rewards (anyways it worked out well from a markting perspective, my compliments )
- PIVX masternodes earned straight from the start, the rewards where so large that early holders, never had to sell their mn
- PIVX hash-rate has been very low during the POW mining fase, aka few people where mining it
- PIVX its coin distribution especially during and just after the POW fase was very concentrated, still close to 250 addresses held during this quick rise in marketcap (the smart owners either sold off allot or at the very least divided their holdings of multiple addresses
http://www.presstab.pw/phpexplorer/PIVX/richlist.php?count=250

Very little info to clear up the 100% fastmine of PIVX but plenty of good information on DASH it's 10% instamine:

Evan Duffield has no more than 256,000 Dash and will give away 80% of that to fund DAOs within DASH https://www.reddit.com/r/dashpay/comments/62jc3b/evan_duffield_has_no_more_than_256000_dash_and/
Dash Instamine Issue Clarification https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification
Instamine FAQ https://dashpay.atlassian.net/wiki/display/DOC/Legacy+FAQ#LegacyFAQ-WasDashInstamined
Was The Instamine A Positive Thing For Dash? https://dashdot.io/alpha/?page_id=118
My View: Dash’s Instamine Is Not A Problem http://fintekneeks.com/my-view-dashs-pre-mine-is-not-a-problem/
Deep technical analysis of the early mining and distribution https://bitcointalk.org/index.php?topic=421615.msg15619552#msg15619552
Confessions of a Instaminer Hashman https://bitcointalk.org/index.php?topic=421615.msg18041424#msg18041424


who is this joker?? where have you been the last 3 years that it has been proven in black and white dash is a scam?



The Crypto Baron
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April 26, 2017, 12:39:24 PM
 #7674

who is this joker?? where have you been the last 3 years that it has been proven in black and white dash is a scam?

He's a paid "DASH FORCE" troll alt.  Check his post history:

https://bitcointalk.org/index.php?action=profile;u=151204;sa=showPosts

iloveBTCtomuch
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April 26, 2017, 12:45:23 PM
 #7675

Quote
Quote from: iloveBTCtomuch on April 25, 2017, 10:14:35 PM
Quote
Very interesting:
https://www.dashforcenews.com/5-reasons-why-dash-evolution-will-blow-competitors-away/

https://youtu.be/7J4m04Tkfb4

Dash: 2 million coins pre-mined or 72,000,000 (sorry my mistake x 2 staggering amount of 144,000,000 dollars!)  USD escaped open market trade to hands of a few or downright fraud has been committed  

hence.. not very interesting, at least not to many

Nope not true, it was not a pre-mine it was an instamine, and their is lots and lots of info on that. On the other hand:
PIVX a 100% fastmine

To sum it up:
-DASH is only a 10% instamine of the totall coin supply  vs 100% fastmine with masternodes earning straight from the start with PIVX
- PIVX had only a mining periode of 181 day's, 70% minined out in less than 100 days
- PIVx two anonymous creators did burn their pre-mine of 6 masternodes, but kept the rewards (anyways it worked out well from a markting perspective, my compliments )
- PIVX masternodes earned straight from the start, the rewards where so large that early holders, never had to sell their mn
- PIVX hash-rate has been very low during the POW mining fase, aka few people where mining it
- PIVX its coin distribution especially during and just after the POW fase was very concentrated, still close to 250 addresses held during this quick rise in marketcap (the smart owners either sold off allot or at the very least divided their holdings of multiple addresses
http://www.presstab.pw/phpexplorer/PIVX/richlist.php?count=250

Very little info to clear up the 100% fastmine of PIVX but plenty of good information on DASH it's 10% instamine:

Evan Duffield has no more than 256,000 Dash and will give away 80% of that to fund DAOs within DASH https://www.reddit.com/r/dashpay/comments/62jc3b/evan_duffield_has_no_more_than_256000_dash_and/
Dash Instamine Issue Clarification https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification
Instamine FAQ https://dashpay.atlassian.net/wiki/display/DOC/Legacy+FAQ#LegacyFAQ-WasDashInstamined
Was The Instamine A Positive Thing For Dash? https://dashdot.io/alpha/?page_id=118
My View: Dash’s Instamine Is Not A Problem http://fintekneeks.com/my-view-dashs-pre-mine-is-not-a-problem/
Deep technical analysis of the early mining and distribution https://bitcointalk.org/index.php?topic=421615.msg15619552#msg15619552
Confessions of a Instaminer Hashman https://bitcointalk.org/index.php?topic=421615.msg18041424#msg18041424


who is this joker?? where have you been the last 3 years that it has been proven in black and white dash is a scam?

You did close to 1400 posts  maybe you should do some time reading as well ? and maybe come back with some proper feedback, non- of my claims here as have been refuted.
godaraweb
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April 26, 2017, 02:04:34 PM
 #7676

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too

pivx will go 4$ this month end
The Crypto Baron
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April 26, 2017, 02:18:20 PM
 #7677

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too

According to one of my masternodes about an hour ago, here's a list of the largest uptimes  for unpaid masternodes in seconds....

  325883
  325933
  325984
  326057
  326120
  326139
  331264
  340139
  345954
  408003

The last one seems to be an outlier, it's possible that it is misconfigured.  (Yesterday when I looked the oldest ones were in the 360000 seconds range.

At the moment, the oldest unpaid masternode was started 113 hours (4.7 days) ago and the next one 96 hours (4 days).

I would say be patient and don't mess with anything if you started less than 4 days ago.
Can't say for sure how long it would take if a masternode was restarted today.

If you would like to check that the masternode is running ok can try running the following on the masternode.

"$ pivx-cli masternode debug
Masternode successfully started"

If it is more than four days, you might want to have a check that how many peers are connected and that other peers are able to connect to it.

Maybe someone with more technical knowledge here can could provide some more detail for things to check.

I suppose... it is ok for a masternode to not have any inbound peers as long as masternodes are able to make connections to the masternode's port 51472 at its advertised IP address or TOR address.


Hmmmm so on occasion masternodes can go 3-4 days without payment?

And is the payment the same as the staking block rewards just approx 5-10% higher?

If so, that frequency is WAY out of whack with what I was seeing during the 1-1.5 months I was staking.

How do you take your coins out of a masternode and back to staking?

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April 26, 2017, 04:17:35 PM
 #7678

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too

pivx will go 4$ this month end


Is this some kind of wishful thinking, or what are you basing your conclusions on?
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April 26, 2017, 04:18:19 PM
 #7679

Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too

According to one of my masternodes about an hour ago, here's a list of the largest uptimes  for unpaid masternodes in seconds....

  325883
  325933
  325984
  326057
  326120
  326139
  331264
  340139
  345954
  408003

The last one seems to be an outlier, it's possible that it is misconfigured.  (Yesterday when I looked the oldest ones were in the 360000 seconds range.

At the moment, the oldest unpaid masternode was started 113 hours (4.7 days) ago and the next one 96 hours (4 days).

I would say be patient and don't mess with anything if you started less than 4 days ago.
Can't say for sure how long it would take if a masternode was restarted today.

If you would like to check that the masternode is running ok can try running the following on the masternode.

"$ pivx-cli masternode debug
Masternode successfully started"

If it is more than four days, you might want to have a check that how many peers are connected and that other peers are able to connect to it.

Maybe someone with more technical knowledge here can could provide some more detail for things to check.

I suppose... it is ok for a masternode to not have any inbound peers as long as masternodes are able to make connections to the masternode's port 51472 at its advertised IP address or TOR address.


Hmmmm so on occasion masternodes can go 3-4 days without payment?

And is the payment the same as the staking block rewards just approx 5-10% higher?

If so, that frequency is WAY out of whack with what I was seeing during the 1-1.5 months I was staking.

How do you take your coins out of a masternode and back to staking?

The transactions for the masternode(s) are "locked" when you start your wallet. (pivxd reads the transaction list from the masternode.conf file).

If you comment or remove those lines from the masternode.conf and restart the wallet, transactions that were reserved for the masternode will be able to stake. After those transactions stake, they will not be able to be used for a masternode so you would need to go through the process of setting up the masternode again.

I think the the block rewards would be about the same or maybe a tad more than the equivalent time staking. The three+ day wait is a bit painful considering that the block reward is scheduled to halve when we reach "PoS Phase X: [blocks 648000-Infinite] 05 PIV (90% SEESAW ~ 10% BUDGET)". Certain upgrades need a restart and then all who run masternodes need to wait some time. This is longer than before but there are more masternodes now than when I was running this before.

Myself, I had been staking for the last while since running masternodes needs a bit more effort and attention. I put some pivx back into masternodes for this upgrade a bit over 3 days ago, thinking I would get a bit more in this last month with the higher reward. It's hard to say what the best decision would be there's another 21+ days to go until the block reward halving.
 
With 2037 masternodes, a masternode payout should about about every 1.4 days.
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April 26, 2017, 04:44:47 PM
 #7680

The transactions for the masternode(s) are "locked" when you start your wallet. (pivxd reads the transaction list from the masternode.conf file).

If you comment or remove those lines from the masternode.conf and restart the wallet, transactions that were reserved for the masternode will be able to stake. After those transactions stake, they will not be able to be used for a masternode so you would need to go through the process of setting up the masternode again.

I think the the block rewards would be about the same or maybe a tad more than the equivalent time staking. The three+ day wait is a bit painful considering that the block reward is scheduled to halve when we reach "PoS Phase X: [blocks 648000-Infinite] 05 PIV (90% SEESAW ~ 10% BUDGET)". Certain upgrades need a restart and then all who run masternodes need to wait some time. This is longer than before but there are more masternodes now than when I was running this before.

Myself, I had been staking for the last while since running masternodes needs a bit more effort and attention. I put some pivx back into masternodes for this upgrade a bit over 3 days ago, thinking I would get a bit more in this last month with the higher reward. It's hard to say what the best decision would be there's another 21+ days to go until the block reward halving.
 
With 2037 masternodes, a masternode payout should about about every 1.4 days.

Been in PIVX for a pretty long time and have been an overall big fan, but I'll admit, this MN bullshit/new wallets crashing is really pissing me off.  Had to reindex and that took almost THREE days.  Then shortly after a new wallet comes out.  So then I decided to put 20k of my PIVX into MNs and then absolutely nothing for days and just when it's supposed to hit this arbitrary 3 day duration, the wallet crashes and 6 hours later I'm still resyncing and can't even restart my nodes yet.

I'm already down hundreds in terms of USD in comparison to what I was staking and yes, knowing the block rewards will be halving soon only makes this downtime more infuriating.

If MN rewards are only paid every potentially 4 days, I'm definitely out.

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