pivx Archives - Coin Guides

What are Tiered Masternodes? The pros & cons of Masternode tiers

coinguides — Wed, 20 Mar 2019 11:41:03 +0000

Dash is the first cryptocurrency to incorporate a two tiered network. The first tier is comprised of PoW miners who are responsible for the creation of new blocks and the security of the network. Whereas the second tier consist of Masternodes. These masternodes are special nodes that are created to enhance stability and provide unique …

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A quick tip on creating and editing your masternode configuration file

coinguides — Tue, 18 Dec 2018 06:37:27 +0000

Has your masternode stopped working or is it not stable enough? What you need to note is that if your masternode has a laggy performance or if it disconnects randomly then you’ll end up losing your payments. For this reason make sure your nodes are running 24 x 7 without any performance issues. There are …

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A list of useful commands to help manage your Masternodes & Linux VPS

coinguides — Sat, 08 Dec 2018 02:59:59 +0000

With growing number of masternode coins you might be interested in setting up and running your own masternode. It can be either to earn a passive income or to test the environment or to understand how the whole system works. Actually most of the masternode coins are based on Dash or PIVX so the requirements …

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What does -rescan, -reindex command do & How to rescan / reindex wallet?

coinguides — Tue, 16 Oct 2018 13:12:05 +0000

Core wallet is quite sensitive and two commands which is used to fix a large number of wallet related issues are - rescan and -reindex. Are you getting any error when starting your core wallet? Or is your local blockchain database broken / corrupt? This can occur when copying blockchain from one computer to another, …

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What is a premine? & What are some top cryptocurrencies that pre-mined?

coinguides — Sun, 23 Sep 2018 13:48:35 +0000

Fair distribution of wealth has nothing to do with mass adoption. Of course USD is not distributed fairly but it is the most widely accepted currency. But what about Cryptocurrencies? They are decentralized but are they fairly distributed? Even with Bitcoin, Litecoin and many other top cryptocurrencies only the extreme minority controls them. It doesn’t …

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Masternode requirements – Why VPS? and why home PC is not suitable?

coinguides — Wed, 19 Sep 2018 15:49:21 +0000

Masternode technology is an invention of Dash. They are special nodes on the network that are more than just another peer connection. Apart from running full nodes and relaying transactions they provide several functions to the network. To run a masternode you need two things: 1. A certain amount of coins that needs to be …

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Staking vs Masternodes: Difference between Masternodes & Proof of Stake

coinguides — Mon, 10 Sep 2018 12:51:51 +0000

Masternodes and Staking: In cryptocurrency they both are a system that is known to provide passive income. But is that it; just paying interest or there is more to it? What are the difference between them, how do they work and in what ways do they benefit the network? Before we see the pros and …

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How to get email alerts/notification for your masternode status & payouts

coinguides — Fri, 31 Aug 2018 04:06:55 +0000

Once the masternode setup is complete you can check your masternode status to ensure everything is working fine and it will receive payments promptly. But is that it? Masternodes are not something that you set and forget. Since Masternodes are hosted on a Virtual Private Server (VPS) you need to keep monitoring its downtime and …

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Bitcoin Bootstrap.dat – Where to find and how to use Bootstrap.dat file

coinguides — Tue, 28 Aug 2018 09:45:14 +0000

Bitcoin is a Peer to Peer cryptocurrency. The wallet client of Bitcoin downloads blockchain from the network by syncing with other nodes. Not just Bitcoin but most of the cryptocurrency core wallet works like this as they are all based on Bitcoin. Since it requires Peer to Peer communication to download and validate each blocks …

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How to stop / turn off a Masternode and remove coins from it

coinguides — Sun, 19 Aug 2018 06:00:48 +0000

Has the price of your Masternode went up and you’d like to sell them quickly? Are you running more than 2 nodes of a same coin and would like to disable a node to spend those coins? The Masternode which you are running seems so worthless and you’d like to terminate it completely? There are …

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