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

[resinball]

can someone explain to me the staking feature and minimum coins needed staking to catch reward in 1 day?

[1714978486]

1714978486

[1714978486]

1714978486

[btct22]

can someone explain to me the staking feature and minimum coins needed staking to catch reward in 1 day?

Here's a good calculator:  http://pivx.cryptonode.co/ - you can enter your current balance and down the bottom it tells you what returns you can expect from that amount.

[btct22]

Also I found the hardware unit that's in the PIVX ads: https://www.posnewland.com/product/all-in-one-smart-pos-terminal-machine-mht-v3/  - that's pretty cool.  It could be used with any Android based till software and I guess will probably use a modified version of the PIVX wallet software to integrate with some POS systems.

[dmconner]

Does anyone have a link for more information on how to set up and mine PIVX?

[btct22]

Does anyone have a link for more information on how to set up and mine PIVX?

You can't mine PIVX, it's a 100% proof of stake coin now.  But it's a good question, and PIVX has a pretty unique take on it:

To get block rewards with PIVX, you can either run a masternode: https://pivxmasternode.org  - or just keep your wallet open to stake its contents.  The amount that comes out can be estimated with this tool, just enter the amount of PIVX you have.  http://pivx.cryptonode.co/

The big deal is: no expensive mining equipment, and no energy waste, because neither of these uses much PC power at all to run.  Also the coin doesn't set a limit on the number of coins, just on the rate of creation.  And that sets up an awesome cash flow tool that doesn't dwindle down to nothing with increasing difficulty.  As the number of PIVX in existence increases the rate of inflation reduces while the coin supply stays fixed.

[Lercker]

Does anyone have a link for more information on how to set up and mine PIVX?

http://pivx.cryptopool.io/ and https://prohashing.com/ you can mine and be paid out in PIVX. However like btct22 said you can not mine PIVX, also cryptopool is currently down with issues and both sites require ASICs.

[cryptoholic11]

Will the zerocoin protocol be launched/completes in q4 if this yrar?

[vogelvogel030]

Hello fellow pivians,

I hold 370 pivx for quiet some time and I am wondering, can i stake my pivx in any way for some pivx rewards? I am pretty newb about this so go easy on me.

I stake with 400 coins and get about 3 blocks per month.

The staking calculator shows that I should get one block per month, but because not everyone is staking their PIVX and therefore with a lower difficulty you can find blocks more often

[sth2017]

Yobit wallet - technical work. Already day my coins are in the air. what to do? Support answers: update

[Turing]

Yobit wallet - technical work. Already day my coins are in the air. what to do? Support answers: update

Don't use Yobit.
They always answer "wallet needs update", even if there are no updates.
Don't expect support, don't use Yobit.

[sth2017]

Yobit wallet - technical work. Already day my coins are in the air. what to do? Support answers: update

Don't use Yobit.
They always answer "wallet needs update", even if there are no updates.
Don't expect support, don't use Yobit.

What can I forget about coins now?

[Jazz4u]

Zerocash is much better and upgraded version of zerocoin and why does PIVX implement an older version of algorithm.

"Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify)."

[Lercker]

Zerocash is much better and upgraded version of zerocoin and why does PIVX implement an older version of algorithm.

"Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify)."

Zerocash is not trustless, it realize on somebody keeping the network private. That person or persons can also create coins out of nowhere without anybody knowing any better.

[Jazz4u]

Zerocash is much better and upgraded version of zerocoin and why does PIVX implement an older version of algorithm.

"Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify)."

Zerocash is not trustless, it realize on somebody keeping the network private. That person or persons can also create coins out of nowhere without anybody knowing any better.

Thanks for your response, could you please elaborate on this.

[Jazz4u]

Dev's, I have read that PIVX broadcasts user ips and masternodes also retain a log of all users ip addresses. is this true ?

[w03038817l]

Dev's, I have read that PIVX broadcasts user ips and masternodes also retain a log of all users ip addresses. is this true ?

no

it is not true

[btct22]

Zerocash is much better and upgraded version of zerocoin and why does PIVX implement an older version of algorithm.

"Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify)."

Zerocash is not trustless, it realize on somebody keeping the network private. That person or persons can also create coins out of nowhere without anybody knowing any better.

Thanks for your response, could you please elaborate on this.

This is a good article that explains the difference between the two algorithms: https://zcoin.io/zcoin-and-zcash/

[resinball]

can someone explain to me the staking feature and minimum coins needed staking to catch reward in 1 day?

Here's a good calculator:  http://pivx.cryptonode.co/ - you can enter your current balance and down the bottom it tells you what returns you can expect from that amount.

ty buddy
keep staking

[Feilongcoin]

My wallet is not sync anymore (25 hour(s) behind). Does somebody know what the problem can be? Got the newest wallet V2.2.1.

[The Crypto Baron]

Welcome to all the new posters in this thread