Securing the PIVX Network
PIVX Masternodes provide a 2nd layer of security to the network by providing additional nodes to validate blocks and transactions.
PIVX Masternodes provide additional nodes to validate blocks and transactions, adding to the distributed security of the network.
PIVX Masternodes provide a 2nd layer of security to the network by providing additional nodes to validate blocks and transactions.
Without established decision making protocols, progress, development, and growth can grind to a halt.
PIVX utilizes its 2nd layer of masternodes as a blockchain based voting system to ensure decisions get made and allocations are dispersed from the budget.
Masternode owners are rewarded for their service to the network, with a portion of the block reward being sent to a masternode in a round robin fashion on the creation of each block, and are also given voting rights to participate in governance decisions.
PIVX locked in Masternodes
PIVX Masternodes Online
Daily MN Rewards
Node Expiration
Estimate your rewards for running a PIVX Masternode.
NOTE: Masternode rewards are always varying based on the number of the active Masternodes in the PIVX network.
If you do not have the resources to maintain a hot wallet to service your cold staking, there are a number of third-party services and volunteers willing to provide you a wallet to delegate staking to.
Allnodes is a non-custodial platform for all of your Hosting and Staking needs.
Pecunia Platform allows you to create cold wallet masternodes, without having to deal with servers, terminals or Linux.
DISCLAIMER: Please be advised that the third-party services listed do not constitute an endorsement by PIVX and are provided for informational purposes only. Please exercise caution when using any third-party services as it is outside of our control.
Looking for more details or instructions? No Problem. We got you covered.
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.
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.
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.
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.
You can learn more in the PIVX Knowledgebase or post your questions in the PIVX Forum or Discord.