Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0

Hello fellow pivians,

I hold 370 pivx for quiet some time and I am wondering, can i stake my pivx in any way for some pivx rewards? I am pretty newb about this so go easy on me. Grin

I stake with 400 coins and get about 3 blocks per month.

The staking calculator shows that I should get one block per month, but because not everyone is staking their PIVX and therefore with a lower difficulty you can find blocks more often Wink

It sounds more like mining the way you describe it. Is that really what staking involves, "getting blocks"? I thought it was more a mathematical (not chance) based reward system.
Can someone jump in here?

afaik there is also some luck involved with staking. but i'm just a noder, maybe a stake pro can give a better answer Wink

LOL, and for some reason, your "I'm just a noder" went through my head as "I'm a hip hop soldier". (LL Cool J! lol)
Anyway, I find it interesting how regular the payouts are (as long as I have a good connection). I won't crap on other coins, but another privacy stake coin I played with had so many false "stakes", most of them actually. A bit frustrating.

I'm curious to see how Pivx pans out. I know we all look at our coins in that way, quite often anyway, but PIVX is like a better Dash, in many many ways. More so than Litecoin is to Bitcoin. But speaking of which, BTC's price of 2590 vs. LTC's price of 50, is a 52:1 ratio (More psychological imo). Their market caps are 42.7 Bill vs 2.7 Bill respectively, a 16 to 1 ratio. (Yeah, different supplies, ages, float, etc. but a nice comparison for comparisons sake. Go further taking supply into account if you wish). Dash's price is 200 vs PIVX's 2.60, a 77:1 ratio (Big difference). But their market caps are 1.5 Billion to 140 Mill, respectively, which is a an 11:1 ratio (Much closer). 7.5 million vs 53 million supply though! (Dash being lower)