Proof Of Stake - PIVX Basics - Ep2

Today's video is about who validates the Blockchain and how you can be one of them. The model that PIVX uses is Proof Of Stake. Information here on Proof Of Stake can be loosely applied to other currencies that use the same model.

This series exists to give you a basic introduction to PIVX, but much of the information can be applied elsewhere.

There were some audio issues in this episode that were mostly smoothed out in edit, but we apologize for any troubles you have with it.

Thank you to the PIVX community for your ongoing support.
Special thanks to Veramis for his script editing work and to Hanna for leading the translation efforts. You both rock!

DISCLAIMER: This channel is funded by the PIVX DAO's budget system. Every month it is voted in to be funded an amount that can be viewed on our proposal tracking sites. I make no attempts to hide this and I do my best to be un-bias in non-opinion segments.

[ONeZetty]

Great video, this class is getting better and better!!! Congratulations!!

[SonRodibaugh]

Thanks for publishing this! I need advice: My Safe Wallet has some USDT trx, and I have the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how to handle moving them to Bybit?

[gustavopowers]

Thank you for publishing this! Looking for guidance: My crypto wallet on OKX contains some USDT, and I have the recovery phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how can I proceed with transferring them to another wallet on Binance?

[LeonardBrown-nc]

Thank you for publishing this! I need guidance: My OKX wallT TRX20, and I possess the seedphrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how to handle moving them to Binance?et has some USD

[krathorlucca]

nice vid, think mic sound was abit bad a couple of times throughout the vids, especially after cut outs. perhaps something to look at for next week.

[NoeTandy]

Thank you for sharing! Looking for advice: My Crypto Wallet holds some USDT TRX20, and I possess the seedphrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. How can I go about moving them to Bitget?