Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
by
mikegi
on 26/04/2017, 16:18:19 UTC
Experienced masternoders:

Setup 2 nodes Sunday and they show on the master list and are labelled as "enabled"

How long before I receive payment (2 days and I don't think I've gotten anything yet) and how does that work?  Does it display in a way that's distinguishable from staking rewards?

Thanks.

you need to wait ~3 days
if the node is listed as enbaled on controller wallet and you see  "status" : "Masternode successfully started" on vps just wait
after updating to 2.2.0 you need to to start the node on vps too

According to one of my masternodes about an hour ago, here's a list of the largest uptimes  for unpaid masternodes in seconds....

  325883
  325933
  325984
  326057
  326120
  326139
  331264
  340139
  345954
  408003

The last one seems to be an outlier, it's possible that it is misconfigured.  (Yesterday when I looked the oldest ones were in the 360000 seconds range.

At the moment, the oldest unpaid masternode was started 113 hours (4.7 days) ago and the next one 96 hours (4 days).

I would say be patient and don't mess with anything if you started less than 4 days ago.
Can't say for sure how long it would take if a masternode was restarted today.

If you would like to check that the masternode is running ok can try running the following on the masternode.

"$ pivx-cli masternode debug
Masternode successfully started"

If it is more than four days, you might want to have a check that how many peers are connected and that other peers are able to connect to it.

Maybe someone with more technical knowledge here can could provide some more detail for things to check.

I suppose... it is ok for a masternode to not have any inbound peers as long as masternodes are able to make connections to the masternode's port 51472 at its advertised IP address or TOR address.


Hmmmm so on occasion masternodes can go 3-4 days without payment?

And is the payment the same as the staking block rewards just approx 5-10% higher?

If so, that frequency is WAY out of whack with what I was seeing during the 1-1.5 months I was staking.

How do you take your coins out of a masternode and back to staking?

The transactions for the masternode(s) are "locked" when you start your wallet. (pivxd reads the transaction list from the masternode.conf file).

If you comment or remove those lines from the masternode.conf and restart the wallet, transactions that were reserved for the masternode will be able to stake. After those transactions stake, they will not be able to be used for a masternode so you would need to go through the process of setting up the masternode again.

I think the the block rewards would be about the same or maybe a tad more than the equivalent time staking. The three+ day wait is a bit painful considering that the block reward is scheduled to halve when we reach "PoS Phase X: [blocks 648000-Infinite] 05 PIV (90% SEESAW ~ 10% BUDGET)". Certain upgrades need a restart and then all who run masternodes need to wait some time. This is longer than before but there are more masternodes now than when I was running this before.

Myself, I had been staking for the last while since running masternodes needs a bit more effort and attention. I put some pivx back into masternodes for this upgrade a bit over 3 days ago, thinking I would get a bit more in this last month with the higher reward. It's hard to say what the best decision would be there's another 21+ days to go until the block reward halving.
 
With 2037 masternodes, a masternode payout should about about every 1.4 days.