Cryptocurrency PIVX is a technological branch of Dash – the predecessor of the coin. Its history dates back to 2016. From the very beginning of its existence, the creators have positioned PIVX as a fast, anonymous and maximally decentralized coin that has an open source code.
Today, there are three options for earning passive income for holders of the token ARK. The first is the run a Masternode. The second stake yours PIVX to a Masternode. And stake Zerocoins to a Masternode.
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.
Which network metrics do the rewards depend on?
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.
Distribution Block Reward
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