You will soon be able to stake your zPIV and we're calling it: zPoS.

in cryptocurrency •  7 years ago 

Remember that we introduced our own custom Zerocoin protocol in October 2017 which we called zPIV?

With zPIV we achieved true anonymity for the first time in a Proof of Stake coin.

While being an incredible achievement, there was one little detail our developers wanted to add to it. Currently, users who choose to remain anonymous and have their investment stored as zPIV instead of 'regular' PIV are opting out of staking rewards in order to remain private. We didn’t think that was right so our developers have been working really hard to make staking of zPIV possible and we have great news:

You will soon be able to stake your zPIV and we're calling it: zPoS.

With zPoS (zPIV Proof of Stake) you will be able to maintain your anonymity while earning staking rewards, simultaneously.

zpiv-tease.png

Staking zPIV has three key benefits for everyone who chooses to utilize zPoS:

  • There's a higher block reward compared to staking PIV. (more rewards!)
  • Your coins will remain private while staking.
  • You will help with constant generation of new mints in the zPIV pool (accumulator), greatly increasing its liquidity for future zPIV spends, as well as obscurity.

Higher block rewards

With zPoS you will be able to stake zPIV just like normal PIV, but you will earn higher rewards. With the new block reward system, zPIV staking block reward will be 50% larger than PIV staking rewards!

The block reward will be split as follows:

blockchain_coin-emision-comparison-2.jpg

Stay tuned for the release of zPoS!

zPoS is set to launch in Q1 2018 so stay tuned. It will be a great achievement, making PIVX even better!

If you want to read a little more about zPoS can do so by clicking on this link.


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ALL PIVX community members, feel free to RESTEEM this article! Let’s keep spreading the word of our amazing community focused privacy centric global cryptocurrency.

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I like zpiv staking feature but with higher reward for zpiv staking every one will stake zpiv and no one will stake piv. Will that not disturb the staking of piv in terms of security?

@introvert-dime This video featuring Bryan Dorien 'Snappy' might provide some answers to your question (somewhat):

PIVX scores another FIRST for cryptocurrency!

Anonymity with zPIV was already a real and wonderful breakthrough, but now while they remain private they increase their liquidity, oh my god, you have flashes in your head

zPIV

Buena información... ¡Corazón morado!