Contents
- 1 Overview of Peep Masternode
- 2 How to find new cryptocurrency projects?
- 3 Is it actually syncing?
- 4 Let’s start with the most important question: What’s your “T”?
- 5 Need more help?
- 6 Peep Masternode [PMN] ?? ?? ??? ??
- 7 Ready to Get Started?
- 8 Want Daily PMN Price Updates?
- 9 What Are The Minimum Hardware Requirements?
- 10 What does it mean to lock coins as Masternode collateral?
- 11 What is a Masternode?
- 12 What is PCN?
- 13 What is Peepeth?
- 14 Where to Buy?
- 15 Why should I run a Masternode?
- 16 History of Peep Masternode
Overview of Peep Masternode
How to find new cryptocurrency projects?
One of the biggest challenges in the crypto space is to find the right projects at the right time.There are hundreds of projects launched…
Is it actually syncing?
Open your wallet and at the bottom you’ll see the green progress bar which will show the sync status.First it shows “Processing blocks on disk” then it will change to “Synchronizing with network” which means it started downloading the blockchain.Depending on when you installed and when you previously opened your wallet the status will either be hours behind or weeks behind.Especially if you’ve freshly installed Bitcoin core then the status will be years behind.
Let’s start with the most important question: What’s your “T”?
“T,” as in your T-shape.Depending on your specialty (the vertical bar of your T), you may gravitate toward one language or the other.
Need more help?
You can learn more in the PIVX Knowledgebase or post your questions in the PIVX Forum or Discord.
Peep Masternode [PMN] ?? ?? ??? ??
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Ready to Get Started?
Join us on your favorite social networks and be a part of a community of decentralization believers all working to help protect and improve the blockchain technology! From breaking news, tips on staking, masternode updates, and calls to action that make a real and lasting change in cryptocurrency development ecosystem.Peepcoin is a community-driven coin, and we take pride in being able to interact with our community via our Social Media presence.
Want Daily PMN Price Updates?
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What Are The Minimum Hardware Requirements?
It is recommended that the machine running the PIVX wallet has 2GB RAM, although 1GB RAM with 1GB swap is fine.The PIVX blockchain is only ~18GB, but, for future use it is recommended to have at least 30GB free storage space.Additionally, a single core processor is sufficient to run the network.With these low requirements, it’s possible to run the entire network on a 2GB RAM model Raspberry Pi.
What does it mean to lock coins as Masternode collateral?
Your 10,000 PIVX is still yours to completely control, however should you spend the 10K PIV your masternode will stop and you will no longer earn block rewards.The 10,000 locked PIVs simply act as collateral and allow you and your masternode server to secure the PIVX network.
What is a Masternode?
A Masternode is a specially configured wallet that will support the network in more ways than a normal staking wallet.These functions require 10,000 PIVs to start and therefore the user is rewarded for both supporting the network and locking the collateral.
What is PCN?
Peepcoin (PCN) was announced in July 2016 and subsequently implemented in August 2016 as a free open source project forking off the Bitcoin codebase and utilizing the Libzerocoin extension.Genesis block was created on 2016-08-21 with an initial pre-mine of 39,200,000,000.0 PCN.The blockchain operated in PoW mode until block 5000 after which it changed to PoS.
What is Peepeth?
Peepeth is a blockchain-powered social network alternative to Twitter powered by the Ethereum blockchain.No company or government controls your data; so it’s the perfect place to share what matters.It costs a little bit of ether (a cryptocurrency) to sign up.These fees power the Ethereum network.That’s why you’ll need MetaMask, which lets you execute Peepeth actions with 1 click.
Where to Buy?
Peepcoin (PCN) is tradable and has a presence on various major exchanges.
Why should I run a Masternode?
Being a Masternode holder is incentivized by being rewarded more PIV than stakers through the higher block reward.Masternode reward is equal to 3 PIV, while staking reward is 2 PIV per block.Masternode holders also gain the ability to take part in the PIVX DAO by voting on proposals in the network.