what is PIVX, is it DASH clone?

[mkc]

Run up like crazy.

[cryptohunter]

Dash  but with no bad start and added features..

[AusKipper]

As far as I can tell it is a dash clone except:

1 - No bad start
2 - All proof of stake, no POW, earn money with master node OR staking wallets. No minimum amount to stake a wallet however the smaller amount the longer/smaller the rewards
3 - Behind in development compared to Dash, ie, the 10% treasury system is not currently working in PIVX
4 - Still a bit buggy in my experience so far

Maybe really good in the future, but, its not there yet so to invest in it you would have to trust that the developers working on it are proficient, hard working and in for the long haul.

[bathrobehero]

In addition/correction to the above, PIVX had a 6 month PoW period but it's ended last summer.

And it has a unique (afaik at least) system in which any masternode owner can create and vote on proposals the dev team so far always followed.

It also has a unique seesaw mechanic which balances masternode and staking rewards and zerocoin protocol is on the way.

And its emission rate is getting cut rapidly:

PoS Phase 7: [blocks 518400-561599] 20 PIV (90% SEESAW ~ 10% BUDGET) (In-Progress)

PoS Phase 8: [blocks 561600-604799] 15 PIV (90% SEESAW ~ 10% BUDGET)

PoS Phase 9: [blocks 604800-647999] 10 PIV (90% SEESAW ~ 10% BUDGET)

PoS Phase X: [blocks 648000-Infinite] 05 PIV (90% SEESAW ~ 10% BUDGET)

We're at block 561594 at the time of writing.

The coin had a lot of issues, especially with forks in the past but that's long gone and the coin is pretty stable.

[Zencash]

is it also 1000 units for a masternode collateral?

[bathrobehero]

is it also 1000 units for a masternode collateral?

10.000, that's currently ~1,61 BTC.

Estimated Payment per Masternode: 5.63 PIV / day

[PovertyByte]

It is working on adding in Zerocoin protocol so it will basically be like having Dash private send combined with a coin reminting feature too

[OrangeP]

Ever wondered about these guys who became wealthy by investing early?

Here you go.

[Fatoshi]

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.

[AusKipper]

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.

Dash is kinda a clone of of Bitcoin, so not the first first

I agree though, they will need to find a way to be different.

[bathrobehero]

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.

Dash is kinda a clone of of Bitcoin, so not the first first

I agree though, they will need to find a way to be different.

PIVX is different from DASH just as much as DASH is different from Bitcoin.

Just because once it started with Dash code it doesn't make it its competition.

[cryptohunter]

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.

Clones do well if the original didn't get it right. PIVX improves upon dash in some ways and most importantly the distribution was not as obviously unfair.

Consider bytecoin and xmr. Clones can do much better in some cases

[AusKipper]

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.

Clones do well if the original didn't get it right. PIVX improves upon dash in some ways and most importantly the distribution was not as obviously unfair.

Consider bytecoin and xmr. Clones can do much better in some cases

I didnt know bytecoin was before monero!

learn something new every day.

[TeraBite]

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.

Clones do well if the original didn't get it right. PIVX improves upon dash in some ways and most importantly the distribution was not as obviously unfair.

Consider bytecoin and xmr. Clones can do much better in some cases

Yeah it's PIVX is improved version of DASH and have something more that the original one is not offering right now. I think this coin has good future will be more worthy in future.

[Ayers]

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.

Clones do well if the original didn't get it right. PIVX improves upon dash in some ways and most importantly the distribution was not as obviously unfair.

Consider bytecoin and xmr. Clones can do much better in some cases

Yeah it's PIVX is improved version of DASH and have something more that the original one is not offering right now. I think this coin has good future will be more worthy in future.

Nah the only reason this coin has any attention at all is the $112 dash price.

yeah this is a typical trend in the altcoin, when a coin get attention, its clone get attention too, and they have higher chance to be pumped, also you will see more and more newbie dev that run for making a clone of dash, just look at the altcoin announcement, i see already two dash clone one is scrypt algo

[cryptohunter]

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.

Clones do well if the original didn't get it right. PIVX improves upon dash in some ways and most importantly the distribution was not as obviously unfair.

Consider bytecoin and xmr. Clones can do much better in some cases

Yeah it's PIVX is improved version of DASH and have something more that the original one is not offering right now. I think this coin has good future will be more worthy in future.

Nah the only reason this coin has any attention at all is the $112 dash price.

yeah this is a typical trend in the altcoin, when a coin get attention, its clone get attention too, and they have higher chance to be pumped, also you will see more and more newbie dev that run for making a clone of dash, just look at the altcoin announcement, i see already two dash clone one is scrypt algo

yes that's why pivX is different. It is not a simple dash clone. It takes some ideas from dash and is improving them.

It also does not have a scam start holding it back. I think if they can complete what they have planned it will exceed dash eventually.

[badenglishtea]

PIVX is cooking with gas right now.

Community just passed 650 on Slack. Everyone is welcome. The team 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/.

Development team has proven in both updates and governance they have the ability to take this platform to the next level. Libzerocoin will introduce unparalleled privacy features. Staking/masternode rewards are reaching low-inflation levels, so supply of coin is decreasing.

Also community seems pretty committed (which is why there is small sell-side supply). People are holding.

I like Dash, I have Dash and made a lot of money with Dash, but Dash is not sustainable. Too centralized; instamined unescapable controversy.

PIVX has taken what is good from Dash added fair launch; and is now adding brand new features, and a new core code that will boost anonymity like crazy.

Also, just lost a lot on ShadowCash. Example of how developers who do not know what they are doing can destroy a coin. From what I can see PIVX development team is highly, highly engaged with community, and supportive/collaborating with all members.

My take is PIVX will soon either be added by Poloniex, or start being used on dark markets.

[cryptohunter]

PIVX is cooking with gas right now.

Community just passed 650 on Slack. Everyone is welcome. The team 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/.

Development team has proven in both updates and governance they have the ability to take this platform to the next level. Libzerocoin will introduce unparalleled privacy features. Staking/masternode rewards are reaching low-inflation levels, so supply of coin is decreasing.

Also community seems pretty committed (which is why there is small sell-side supply). People are holding.

I like Dash, I have Dash and made a lot of money with Dash, but Dash is not sustainable. Too centralized; instamined unescapable controversy.

PIVX has taken what is good from Dash added fair launch; and is now adding brand new features, and a new core code that will boost anonymity like crazy.

Also, just lost a lot on ShadowCash. Example of how developers who do not know what they are doing can destroy a coin. From what I can see PIVX development team is highly, highly engaged with community, and supportive/collaborating with all members.

My take is PIVX will soon either be added by Poloniex, or start being used on dark markets.

It is going to be a very unique pos anon coin if the devs come through with all their plans.  The scope for pivX just keeps garnering more and more interest from many parties. I wonder how large the contributor team is on this now?

[bathrobehero]

My take is PIVX will soon either be added by Poloniex, or start being used on dark markets.

bold statement, I like it.

Considering Polo added way shittier coins, I'd be surprised if they wouldn't add it.

[cryptohunter]

My take is PIVX will soon either be added by Poloniex, or start being used on dark markets.

bold statement, I like it.

Considering Polo added way shittier coins, I'd be surprised if they wouldn't add it.

lets hope some exchange will add it that has working servers... takes 5 mins for the graphs to load on bittrex.