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Author Topic: what is PIVX, is it DASH clone?  (Read 8098 times)
mkc (OP)
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March 18, 2017, 08:43:11 PM
 #1

Run up like crazy.
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March 18, 2017, 09:11:38 PM
Last edit: March 20, 2017, 03:09:35 PM by cryptohunter
 #2

Dash  but with no bad start and added features..



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March 18, 2017, 09:51:49 PM
 #3

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.

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March 18, 2017, 11:53:43 PM
 #4

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.

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March 19, 2017, 12:02:07 AM
 #5

is it also 1000 units for a masternode collateral?

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March 19, 2017, 12:08:13 AM
 #6

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

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March 19, 2017, 12:17:24 AM
 #7

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
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March 19, 2017, 01:22:32 AM
 #8

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

Here you go.

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March 19, 2017, 06:46:19 AM
 #9

Clones never do well long term. Who cares about fair, Dash is the first and always will be. And Dash is shit anyway.
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March 19, 2017, 08:16:32 AM
 #10

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 Wink

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

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March 19, 2017, 09:06:50 AM
 #11

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 Wink

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.

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March 19, 2017, 09:07:24 AM
 #12

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


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March 19, 2017, 09:13:49 AM
 #13

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



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March 19, 2017, 09:17:46 AM
 #14

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.

 
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March 19, 2017, 11:03:37 AM
 #15

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

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March 19, 2017, 11:09:37 AM
 #16

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.

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March 19, 2017, 12:27:51 PM
 #17

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.
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March 19, 2017, 03:06:00 PM
 #18

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?

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March 19, 2017, 08:35:45 PM
 #19

Quote
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.

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March 19, 2017, 10:44:02 PM
 #20

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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.

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