Post
Topic
Board Altcoin Discussion
Re: What cryptocurrency is closest to my ideal? Monero?
by
AusKipper
on 24/02/2017, 01:39:50 UTC
you should always come and ask your questions on the main PIVX topic (https://bitcointalk.org/index.php?topic=1262920.0), the devs are so gracious and kind, what ever the questions. But I hope that I will be able to answer you simply.

there was first a mining phase (PoW) like bitcoin or monero where the coin supply grew to (Max Coin Supply - PoW Phase: ) 43,199,500.

Then as you can see the coin went PoS (a few months ago) and since then the additional incremental supply is decreasing regularly to

PoS Phase 1: [blocks 259201-302399] 50 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)

PoS Phase 2: [blocks 302400-345599] 45 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)

PoS Phase 3: [blocks 345600-388799] 40 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)

PoS Phase 4: [blocks 388800-431999] 35 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)

PoS Phase 5: [blocks 432000-475199] 30 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)

PoS Phase 6: [blocks 475200-518399] 25 PIV (90% distributed to staker and masternode - 10% available to budget system) (Complete)

PoS Phase 7: [blocks 518400-561599] 20 PIV (90% distributed to staker and masternode - 10% available to budget system) (In-Progress) (where we just entered),

as you can see it's planned to go to infinity Smiley


PoS Phase 8: [blocks 561600-604799] 15 PIV (90% distributed to staker and masternode - 10% available to budget system)

PoS Phase 9: [blocks 604800-647999] 10 PIV (90% distributed to staker and masternode - 10% available to budget system)

PoS Phase X: [blocks 648000-Infinite]   5 PIV (90% distributed to staker and masternode - 10% available to budget system

Remember in PoS there are transactions fees but they don't go to stakers or masternodes, as such it's necessary to have a flow of new coins to get the system going. Actually there is around 1450 masternodes (http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html) and growing with a chance to get a "block" Expected Payment per Masternode: every 1.01 days. which means that the 5 would be splitt between the masternode and the staker meaning around 2.7 which is 0.027% return on your masternodes daily  (because the rate of splitting between staking and masternode evolves too).

the actual supply is 51833610 DNET with a return of 11 DNET daily per MN (of 10k). As you can guess all depend of the number of MN of stakers Cheesy.

Good luck in your quest. again, Arvydas77 is into something with no1 Cheesy. but PIVX as all it takes to be the real no2. will see as it's just the beginning.

Please join the main topic here, or the slack



Alright, that was kinda too confusing for me to follow perfectly lol, but the gist of it is that there is an unlimited coin supply with gradually decreasing inflation over time. Kinda not ideally what i'm looking for but as I said low inflation (ie, Monero) is acceptable, but I cant really figure out from that if it is low inflation or a bit too high.

Regardless, at the moment, it is still too small and obscure for me to be super interested in, but I will continue to follow PivX for a while at least.