Divi News

This pinned post will serve to answer any and all questions regarding Divi. If you have an additional question, please reply to this thread and we will add the answer here.

Before asking any questions, please read our Whitepaper

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FAQ DIVX and DIVI? Which is what?

You can obtain DIVX now. This is an “exchange token,” which can be held in any ERC20 compatible wallet. Upon launch of the blockchain, you will be able redeem your DIVX for DIVI at a 1:100 ratio.

How can I trade/exchange DIVX? Divx is currently listed on Cryptopia and Bleutrade.

What will happen with DIVX after the redemption period? It will no longer serve any purpose in the ecosystem.

What does DIVI Mean?

We originally took it from the word Divvy, which means “Divide up and Share.” It can also be an acronym for Decentralized Intuitive Value Initiative.

What is a Masternode?

A masternode is a program that’s on your computer, or on a cloud server you rent, that connects with other masternodes. It communicates continually with them and keeps a full copy of the Divi blockchain, constantly checking that it’s correct, and adding new blocks. By putting your coins into a masternode, you get rewarded with more newly created coins for helping to run the network.

How many DIVI are required for a Masternode? Divi will offer a 5 Tiered Masternode system. The levels of ownership are: 100,000 DIVI - Level 1: Copper 300,000 DIVI - Level 2: Silver +5% 1,000,000 DIVI - Level 3: Gold +10% 3,000,000 DIVI - Level 4: Platinum +15% 10,000,000 DIVI - Level 5: Diamond + 20%. Please note these numbers are in DIVI, if purchasing DIVX before the chain goes live, divide by 100.

If I have 3000 DIVI, what’s better, 3 copper masternodes or 1 silver masternode?

A silver masternode requires the same number of coins as 3 coppers but will receive a 5% bonus. You will also have less hosting expenses since each masternode requires a separate IP. However, by running 3 copper masternodes you have a higher chance of winning the lottery blocks.

Is there a limited supply of tokens?

DIVX has a fixed supply of 6,171,607. DIVI will start with 617,160,700 and practice a healthy inflationary method to mint new tokens. Read more about inflation