Filmmmakerr
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Activity: 490
Merit: 250
Hello. Bye.
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August 12, 2017, 10:23:55 PM |
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When is Zerocoin being integrated? and whens the next update?
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Campaign Manager (2018)
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JoostB
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August 13, 2017, 06:30:40 AM |
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ALSO: Sneak peak: There are over 650 PIVIANS in our Chinese QQ (this is the main hub used in China for communication). They are finalizing a translated/new Chinese focused block explorer and working already on more Chinese exchanges  Thanks Snappy, good to know! It is very important to have access to the Asian market especially the Chinese one. Since I believe PIVX has a very bright future ahead I will buy some more and setup two master-nodes to support the network. Any idea about how the Zerocoin-protocol integration is progressing? |
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Mrs-X
Newbie
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Activity: 10
Merit: 0
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August 13, 2017, 12:16:41 PM |
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How often is the seesaw algorithmen adjusting the amount for MN and stakers? If a staker with 6000 make much more PIVX reward within a month then mw we a MN (100% uptime) there is somthing going wrong !!!
It's re-calculated after every block. And if a staker with 6000 PIV can make more money per month than a masternode with 10000 PIV it simply means there are not enough stakers compared to masternodes. This creates an incentive for masternode owners to use their 10000 collateral for staking instead of running a masternode. People will do that until the staker-reward per 10000 PIV per month is less than the masternode rewards per month. Then they will run masternodes again. It's a self-balancing system. The reason for this seesaw algorithm is to avoid that either a) no one stakes any more because running a masternode is much more lucrative, or b) everyone stakes and nobody runs masternodes anymore. We need both stakers (to secure the blockchain) and masternodes (to secure/provide the infrastructure for the blockchain itself, SwiftTx, the budget system, ...), and seesaw takes care of this on a protocol level. TL;DR: there's nothing wrong, everything works as designed. |
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Diego24
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August 13, 2017, 07:12:38 PM |
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When is Zerocoin being integrated? and whens the next update?
It annoys me now that I don't know the date of zerocoin integration. But maybe it is better not to know it. This will avoid a pump before integration and a dump at integration. |
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bluedude
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August 14, 2017, 01:48:47 AM |
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When is Zerocoin being integrated? and whens the next update?
It annoys me now that I don't know the date of zerocoin integration. But maybe it is better not to know it. This will avoid a pump before integration and a dump at integration. Did they not integrate it in the 2.3.0 version, which got released recently? What were the main features of 2.3.0 version? |
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Fuzzbawls
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August 14, 2017, 02:54:40 AM |
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When is Zerocoin being integrated? and whens the next update?
It annoys me now that I don't know the date of zerocoin integration. But maybe it is better not to know it. This will avoid a pump before integration and a dump at integration. Did they not integrate it in the 2.3.0 version, which got released recently? What were the main features of 2.3.0 version? Everything you need to know about the v2.3.0 release: https://github.com/PIVX-Project/PIVX/releases/tag/v2.3.0 |
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DRPD
Legendary
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Activity: 1148
Merit: 1001
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August 14, 2017, 05:30:59 AM |
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When is Zerocoin being integrated? and whens the next update?
It annoys me now that I don't know the date of zerocoin integration. But maybe it is better not to know it. This will avoid a pump before integration and a dump at integration. Did they not integrate it in the 2.3.0 version, which got released recently? What were the main features of 2.3.0 version? Everything you need to know about the v2.3.0 release: https://github.com/PIVX-Project/PIVX/releases/tag/v2.3.0i installed it, everything works fine - but on pivx.org there are still only downloadlinks to windows 32 and 64 bit version 2.2.1 ! very confusing! not sure if you just have to refresh but all donwnload links pointing to https://github.com/PIVX-Project/PIVX/releases/download/v2.3.0/.... atm on pivx.org |
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btct22
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August 14, 2017, 08:43:43 AM |
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I'm glad the PIVX masternode count is staying high. Imagine the carnage on coins without a similar cash flow incentive to keep running the network's nodes.
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Iced
Full Member
Offline
Activity: 627
Merit: 208
Belgian based crypto-enthusiast
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August 14, 2017, 10:33:35 AM |
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PivX has the most awesome support and community, I am a heavy supporter of PivX.
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No signature for now
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The Crypto Baron
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August 14, 2017, 12:28:18 PM |
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...what do you mean? Expected Payment per Masternode: every 1.47 days Exchange Rate (Avg. from top 3 exchanges): 1.84421 USD Reward for last Block: 4.50 PIV Reward from last Block for Miners/Stakers: 2.21 PIV Reward from last Block for Masternodes: 2.29 PIV Estimated Payment per Masternode: 1.57 PIV / day Estimated Payment in USD: <> $ 2.89 / day <> $ 86.61 / month <> $ 1053.80 / year Estimated Payment in Euro: <> 2.45 € / day <> 73.43 € / month <> 893.44 € / year |
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JoostB
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August 15, 2017, 09:29:37 AM
Last edit: August 15, 2017, 02:15:44 PM by JoostB |
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Can someone explain me in which timeframe the SeeSaw Alog adjusts the payout for staking and for masternodes?
This seems to be very constant:
Reward from last Block for Miners/Stakers: 2.21 PIV
Reward from last Block for Masternodes: 2.29 PIV
As i read in this forum, it seems that with the same amount of pivx, u get higher reward than a masternode.
I just dont understand that, cuz this clould only happen, if the rewards % for stakers has not been adjusted for long time?
Everyone knows how often the percantage is adjusted? Daily? Weekly?
Thanks
It seems the seesaw algorithm adjusts after each block, my guess is that the number of MN vs stakers doesn't change much over time. I remember seeing 2.25 / 2.25 a couple of days ago, so it changes, but not by much. The reward for stakers also depends upon the number of people staking and the number of coins in their wallets, when there are just a few people staking the frequency in which you receive stakes can get very high. Everything was already explained in this thread a few days back. There is a big variance in frequency in which I receive stakes, sometimes I get 4 stakes in 1 day and sometimes I get just 1 stake in 2 or 3 days. I don't know what causes this behavior, considering the number of blocks generated per day I would expect the variance to be less. |
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The Crypto Baron
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August 15, 2017, 03:36:13 PM |
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Can someone explain me in which timeframe the SeeSaw Alog adjusts the payout for staking and for masternodes?
This seems to be very constant:
Reward from last Block for Miners/Stakers: 2.21 PIV
Reward from last Block for Masternodes: 2.29 PIV
As i read in this forum, it seems that with the same amount of pivx, u get higher reward than a masternode.
I just dont understand that, cuz this clould only happen, if the rewards % for stakers has not been adjusted for long time?
Everyone knows how often the percantage is adjusted? Daily? Weekly?
Thanks
The advantage comes through a higher potential frequency as a staker, not through a higher block reward. If you get lucky and stake a block every day with 10k coins, you would earn more PIV than a master noder earning a block every 1.5 days (albeit the noder's block reward would be bigger) with the same amount of PIV. However, while coin age is taken into account in the stake rewards, it's still very random while nodes pay consistently as long as they're up and running. So really it's your choice: 1. Stake and maybe earn more block rewards 2. Node and earn consistent, reliable PIV payments Personally... I stake |
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GRR
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August 15, 2017, 07:11:23 PM |
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Hi, bought 15k PIVX today at the recent dip. Was it a good investment?
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Turing
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August 15, 2017, 10:14:11 PM |
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Hi, bought 15k PIVX today at the recent dip. Was it a good investment?
I ask that question before I buy something. But yes, it is. |
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qgmurugan007
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August 16, 2017, 01:21:40 AM |
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Hi, bought 15k PIVX today at the recent dip. Was it a good investment?
You can get a masternode for 10K and use the other 5K to play around in the market. Its a cheap price to get in now. Good decision  |
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pwpwpw
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August 16, 2017, 05:00:08 AM |
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Hi, bought 15k PIVX today at the recent dip. Was it a good investment?
You can get a masternode for 10K and use the other 5K to play around in the market. Its a cheap price to get in now. Good decision You would get much better rewards if you staked the 15k instead of having a masternode, if you play to hold it long term and not dump at soon as it goes up 20-30% |
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GRR
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August 16, 2017, 08:22:39 AM |
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Hi, bought 15k PIVX today at the recent dip. Was it a good investment?
I ask that question before I buy something. But yes, it is. Well, I already know that PIVX is a strong top notch coin with a positive community, so I didn't really need advice IF I should buy PIVX. Just wanted some reassuring and happiness after I bought. |
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florincoinsforlife
Newbie
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Activity: 15
Merit: 0
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August 16, 2017, 11:31:48 AM |
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So many cool stuff on the roadmap for the (near) future, such as zerocoin implementation and iOS wallet release. Can't wait! Bought some more pivx on the dip  |
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SnappySnap
Member
Offline
Activity: 83
Merit: 10
Be the change you wish to see in the world.
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August 16, 2017, 08:28:47 PM |
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tintumon
Sr. Member
Offline
Activity: 364
Merit: 250
dinkimole nokkalle...
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August 17, 2017, 01:32:26 AM |
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So many cool stuff on the roadmap for the (near) future, such as zerocoin implementation and iOS wallet release. Can't wait! Bought some more pivx on the dip 2018 is going to be the year of PIVX. Great developers, strong community and they are working hard to deliver their promises. I have high hopes for PIVX long term. |
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