knowcrypto (OP)
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October 16, 2017, 10:59:03 PM |
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Reward amounts: Block 1000 to 172000: 50/10 When Wallet Staking has dominance over network.* 48/12 When Masternodes have dominance over network.**
what rewards will be after?
By the 4 month mark (172000 Blocks) we will have completed our current projects and started on our Secondary Rewards Chain. The secondary chain will work similar to NEO/GAS where you hold one, and get rewards from the other. After we start that we will do a community vote for adjusting our rewards output to last us until the Secondary Rewards Chain is completed. As we do currently have a Locked Cap (Can't exceed 94.5 Million coins.) we have to work within those boundaries for adjusting our rewards factor. So the more simple answer will be: "The community will vote on it during the first quarter 2018."
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DarkGoddess
Full Member
Offline
Activity: 224
Merit: 100
Stars can't shine without darkness.
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October 16, 2017, 11:04:03 PM |
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POW was only 1000 blocks, I smell a rat
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I Would Rather Get Lost By Making My Way Than Following One's Path And Lose Myself.
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Cryptopiana
Jr. Member
Offline
Activity: 60
Merit: 3
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October 16, 2017, 11:12:13 PM |
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POW was only 1000 blocks, I smell a rat We required only enough hash power on the chain to get enough masternodes online to take over the necessary computing power to run the chain. We had over 300 masternodes online in the first week, and the hash power of POW was no longer needed. This is quite common in Masternode coins. Ours just had 10mil worth of coins waiting for masternodes before the new chain even launched.
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kayperwood11
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October 16, 2017, 11:17:18 PM |
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Reward amounts: Block 1000 to 172000: 50/10 When Wallet Staking has dominance over network.* 48/12 When Masternodes have dominance over network.**
what rewards will be after?
By the 4 month mark (172000 Blocks) we will have completed our current projects and started on our Secondary Rewards Chain. The secondary chain will work similar to NEO/GAS where you hold one, and get rewards from the other. After we start that we will do a community vote for adjusting our rewards output to last us until the Secondary Rewards Chain is completed. As we do currently have a Locked Cap (Can't exceed 94.5 Million coins.) we have to work within those boundaries for adjusting our rewards factor. So the more simple answer will be: "The community will vote on it during the first quarter 2018."distribution will be, who has more coins than a reward? simply, you can now take the masternode for 4 months, but what will be unknown then?
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redditarco
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October 16, 2017, 11:19:28 PM |
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this has been an amazing experience, the piex team swapped me in minutes. And the old coins were sent to a burn address. If you have enough for a masternode there are guides in the discord for every operating system! Now I have a masternode!, the blockchain runs smooth, and the new social send feature is right around the corner. Keep setting the example! go PieX go!
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knowcrypto (OP)
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October 16, 2017, 11:30:40 PM |
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Reward amounts: Block 1000 to 172000: 50/10 When Wallet Staking has dominance over network.* 48/12 When Masternodes have dominance over network.**
what rewards will be after?
By the 4 month mark (172000 Blocks) we will have completed our current projects and started on our Secondary Rewards Chain. The secondary chain will work similar to NEO/GAS where you hold one, and get rewards from the other. After we start that we will do a community vote for adjusting our rewards output to last us until the Secondary Rewards Chain is completed. As we do currently have a Locked Cap (Can't exceed 94.5 Million coins.) we have to work within those boundaries for adjusting our rewards factor. So the more simple answer will be: "The community will vote on it during the first quarter 2018."distribution will be, who has more coins than a reward? simply, you can now take the masternode for 4 months, but what will be unknown then? if no change is needed, the Rewards factor will remain in the same range for as long as the chain supports it. The plan is to get the rewards chain up before we hit our cap.
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kayperwood11
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October 16, 2017, 11:32:23 PM |
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Reward amounts: Block 1000 to 172000: 50/10 When Wallet Staking has dominance over network.* 48/12 When Masternodes have dominance over network.**
what rewards will be after?
By the 4 month mark (172000 Blocks) we will have completed our current projects and started on our Secondary Rewards Chain. The secondary chain will work similar to NEO/GAS where you hold one, and get rewards from the other. After we start that we will do a community vote for adjusting our rewards output to last us until the Secondary Rewards Chain is completed. As we do currently have a Locked Cap (Can't exceed 94.5 Million coins.) we have to work within those boundaries for adjusting our rewards factor. So the more simple answer will be: "The community will vote on it during the first quarter 2018."distribution will be, who has more coins than a reward? simply, you can now take the masternode for 4 months, but what will be unknown then? if no change is needed, the Rewards factor will remain in the same range for as long as the chain supports it. The plan is to get the rewards chain up before we hit our cap. dev, can not see masternode guide setup
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posternutbag
Newbie
Offline
Activity: 2
Merit: 0
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October 16, 2017, 11:34:11 PM |
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I love pie coin
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knowcrypto (OP)
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October 16, 2017, 11:35:39 PM |
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Reward amounts: Block 1000 to 172000: 50/10 When Wallet Staking has dominance over network.* 48/12 When Masternodes have dominance over network.**
what rewards will be after?
By the 4 month mark (172000 Blocks) we will have completed our current projects and started on our Secondary Rewards Chain. The secondary chain will work similar to NEO/GAS where you hold one, and get rewards from the other. After we start that we will do a community vote for adjusting our rewards output to last us until the Secondary Rewards Chain is completed. As we do currently have a Locked Cap (Can't exceed 94.5 Million coins.) we have to work within those boundaries for adjusting our rewards factor. So the more simple answer will be: "The community will vote on it during the first quarter 2018."distribution will be, who has more coins than a reward? simply, you can now take the masternode for 4 months, but what will be unknown then? if no change is needed, the Rewards factor will remain in the same range for as long as the chain supports it. The plan is to get the rewards chain up before we hit our cap. dev, can not see masternode guide setup Many of our community have released masternode setup guides. check our discord. There's like a half dozen of them. We will release official guides once we complete the swap process and the team has more time to make guides.
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vikingchild
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October 16, 2017, 11:37:53 PM |
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Great stuff guys! Followed you since this summer. You got my full vote, you are dedicated and clearly trying hard to get the old PIE coin back on track!
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JungleOnion
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October 16, 2017, 11:47:24 PM |
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Great masternodes, specially if its your first masternode and you want to get into them. Easy to set them up and also everyone in the discord is willing to help you out. Awesome community to be part of.
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heal
Member
Offline
Activity: 179
Merit: 10
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October 16, 2017, 11:49:24 PM |
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PieX finally masternode!!
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cableguy99
Newbie
Offline
Activity: 8
Merit: 0
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October 16, 2017, 11:50:13 PM |
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Staking rewards have been very good so far. I'm not running masternodes yet but so far staking is giving me over .2 % per day.
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Cryptopiana
Jr. Member
Offline
Activity: 60
Merit: 3
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October 17, 2017, 12:09:57 AM |
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For anyone that still needs to Swap their PIE for PIEX, check out the youtube swap guide.HOW TO SWAP GUIDE: https://youtu.be/jE-2-heqd48
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nuklon
Newbie
Offline
Activity: 19
Merit: 0
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October 17, 2017, 12:12:18 AM |
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We have a good idea, an excellent team, which has already implemented the masternode and an alpha version of social sending. We must be on the moon soon
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alangmotor
Member
Offline
Activity: 95
Merit: 10
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October 17, 2017, 12:56:19 AM |
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Great job... Thank you for all.. Lets go to the mars..
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Cryptopiana
Jr. Member
Offline
Activity: 60
Merit: 3
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October 17, 2017, 12:56:55 AM |
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We have a good idea, an excellent team, which has already implemented the masternode and an alpha version of social sending. We must be on the moon soon
Everything seems to be running smooth as butter now, so here's to hoping this thing goes to the moon.
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Cryptopiana
Jr. Member
Offline
Activity: 60
Merit: 3
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October 17, 2017, 01:34:06 AM |
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is rpcport 44578 ?
Not sure the question here. The wallet uses port 53472
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cryptodv
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October 17, 2017, 02:45:42 AM |
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Nice, like the new ANN page. We need more eyes on PieX. I saw some people reserving. Have no idea why, lol. Hopefully we get a new exchange soon, maybe Cryptopia. Cheers and good luck dev team.
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