pivx
PIVXPIVX
Proof of Stake
Stake PIVX →
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PIVX Staking

Reward Rate
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Staking Ratio
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Staking Mktcap
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Price
$0.01
▼ 55.60%
Total Staked
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Inflation
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What is PIVX Staking?

PIVX, a cutting edge User Data Protection oriented blockchain project and cryptocurrency, announced on November 25th 2015 and fair-launched on January 30th 2016. Upon its launch (based on the quark Proof of Work algorithm), it had no ICO, no instamine or perpetual developer premine. PIVX switched to a Proof of Stake algorithm on August 17th 2016 and has pioneered Proof of Stake as well as User Data Protection protocols ever since. Its user data protection comes through SHIELD, which is a highly customized anonymity protocol based on zk-SNARKs Sapling integrated into Proof of Stake. PIVX is a decentralized, open-source blockchain/cryptocurrency project managed, developed, governed and stewarded by a community-driven decentralized autonomous organization (DAO). It is a Proof-of-Stake (PoS) protocol using its own custom-developed PoS consensus engine with a native cryptocurrency, denominated as “PIV”. PIVX integrates other features including a 2nd layer of functionality through a Masternode network that provides a decentralized governance mechanism of voting; and is currently developing new features for this layer such as the Deterministic Masternode Lists, Long Living Masternode Quorums (LLMQs) and more, as well as including the addition of the anonymity protocol zk-SNARKs Sapling to all transactions and staking – all of these heavily customized. PIVX’s coin-supply occurs as a direct result of a static/fixed block emission rate plus any monthly budget allocation payouts. PIVX also has a dynamically calibrated coin-supply restrained by the burning of all transaction fees. PIVX is an independent, application and payment agnostic blockchain. It uses its native cryptocurrency (PIV) as both a means of user data preservation, near-instant digital currency exchange as well as the reward for those who help secure, build, decentralize, and govern the PIVX network protocol. PIV is purchased and/or obtained to be held or staked (hot or cold) or locked in masternodes by individuals who want to participate in the network.
Key Staking Facts
Verified Providers0
ConsensusProof of Stake
Active Validators-
Stakers-
Benchmark Commission-
Daily Volume-
Learn about PIVX Staking

To stake PIVX coins it is recommended to run the official Pivx Core wallet with an entire copy of the blockchain on your Computer or a Virtual Private Server (VPS).

Inside the wallet you can decide to stake your PIVX coins, your zerocoins or run a masternode.

To get the highest possible rewards, please make sure to stay online 24/7 and keep the wallet unlocked for staking only.

No one. All Transaction Fees as well as the zPIV minting fees are burnt immediately.

PIVX stands for Private Instant Verified Transaction. 

The currencies main focus lies on privacy through the Zerocoin Protocol, instant verified transactions through masternodes.

5 PIV are shared between Masternodes & Stakers. 

The individual reward depends on, if the node, who creates the new block, is staking PIV or staking zPIV.

If a PIV staker finds a block: 3 PIV to masternodes, 2 PIV to staker

If a zPIV staker finds a block: 2 PIV to masternodes, 3 zPIV to staker

PIVX was launched on the 31th January 2016 initially called Darknet. 

The codebase was forked from Dash and 60,000 coins were premined to run 6 initial masternodes.

The premined coins have been destroyed later in July 2016 when it fully switched to the Proof of Stake consensus mechanism.

The individual BitBay rewards depends on the Block Reward, Block Time and Total Staked.

Every block one staker is randomly selected whereas 1 staked coin counts as one “lottery ticket”. The selected staker has the right to create a new block and broadcast it to the network. He then receives the block reward and the fees of all transactions successfully included in this block.

In our Staking Calculator you can play with the above mentioned metrics to understand the dynamics and create all kinds of reward scenarios.

Staking PIVX is safe as long you protect your private keys. There is no risk of slashing.

PIVX is organized in a decentralized manner and everybody is welcome to contribute. 

The core contributors shown on their website include 20 people with a wide variety of expertise.

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