PIVX mandatory update v3.0.0

in pivx •  7 years ago  (edited)

ZeroCoin protocol for PIVX is around the corner, releasing on the 16th of October this will be a first for any POS (Proof Of Stake) cryptocurrency and It will make PIVX one of the most Private cryptocurrencies on the market.

Please note that A mandatory update will be released later today and you are required to download and install this update before the 13th of October.

You can download our official wallet here:

http://pivx.org/wallet

Do note that if you do not update by the required time you will go off on to the wrong chain

Wrong chain!? Symptoms:

.If you are staking you will notice alot more rewards than usual, these rewards are worthless and will vanish once you are on the correct chain

.Missing transactions

.The recipient you sent PIVX to does not see any incoming payment from you

Solution?!

1.) Make sure you update before so this doesn't happen

2.) But I understand, problems happen , perhaps your evil cat was too busy laying on your keyboard so you didn't want to disturb him and ended up not updating at all, So we have an easy fix!
Simply follow this guide: (skip to step 1)
https://pivx.freshdesk.com/solution/articles/30000004661-wallet-crashes-or-has-crashed-and-now-won-t-launch-fails-every-time-what-do-i-do-

And voila you are now back on the correct chain!, Always make sure to update now before time so this never happens.


PIVX Resources:

Website - https://pivx.org
Slack - https://slack.pivx.org
Reddit - https://reddit.com/r/pivx/
Twitter - https://twitter.com/_pivx
Facebook - https://www.facebook.com/PIVXCrypto/
Bitcointalk - https://bitcointalk.org/index.php?topic=1262920.0
Exchanges - https://pivx.org/get-pivx/exchanges/
Road Map - https://pivx.org/what-is-pivx/roadmap/
Freshdesk - https://pivx.freshdesk.com/

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Is it NOT a major flaw in the coin if missing updates causes strain on the person owning them? What if your bank made you jump thru some hoops to "right" your dollar balances in their system? Irritating, no?

Crypto is cutting edge tech that requires knowledge and education at this point....Updates, forks etc are part of the deal until this tech goes mainstream. Or just wait a few years until it is easy to use but don't complain about missing out on the early adopter benefits.

It would be a major flaw if PIVX didn't announce this, you cant lose any coins and lastly Banks change their terms of service almost yearly and ask for KYC and AML updates almost yearly, failure to do so will result in the loss of your funds, It's a new secure network and users should update to reap the benefits. Not updating doesn't make you lose your coins. You simply just wont be able to transact with anyone until you update.