Cold Staking is the process of delegating the staking of your PIVX to a Hot Wallet while your PIVX remain safely stored offline in a Cold Wallet.

The Cold Wallet can be:

• A PIVX Core Wallet running seperately from the Hot Wallet.
• MyPIVXWallet
• A hardware wallet such as a Ledger. Note that Trezor is currently NOT supported.

The Hot Wallet can be:

• A PIVX Core Wallet running seperately from the Cold Wallet.
• A PIVX Cold Staking service by a staking service provider such as:
  • MyPIVXWallet
  • PIVX Toolbox
  • AllNodes
• A PIVX Core Wallet operated by a member of the PIVX community as a courtesy to other community members.

Step By Step Guide - QT Client

These steps are shared between the Cold Wallet (Owner) and the Hot Wallet (Staker). If you control both wallets, you'll have to run all of these steps seperately. If someone is providing you with a staking service, each party will have to run the respective steps.

1. Hot Wallet (Staker): Generate a “staking address”
   • Navigate to the "Cold Staking" -> "Staker" tab of the core wallet.
   • Click on the "Create Cold Staking Address" menu (input your wallet passphrase if locked).
   • Input the required details (address label is for your reference only).
   • Click "Generate" and share the address with the owner of the Cold Wallet.

2. Cold Wallet (Owner): Generate an “owner address” (if you don’t have one already):

   pivx-cli getnewaddress

3. Cold Wallet (Owner): Create a "cold stake delegation” in favor of the Staking Address:

   • Navigate to the "Cold Staking" section / "Delegation" tab of the core wallet
   • Input the cold staking address/label generated at step 1 (or communicated by your cold staking provider)
   • Input the amount of PIV to delegate
   • Input the owner address generated at step 2 (If the owner address is omitted, a new address is automatically generated from the wallet)
   • You can use the 'Coin Control' menu to select the exact UTXO you want to cold stake

4. Hot Wallet (Staker): Whitelist the owners address (if you haven’t already done so). You can do this from the command line debug console:

   ./pivx-cli delegatoradd <ownerAddress>

   NOTE - Once a delegator's address is whitelisted, it remains so, including for successive delegations. To remove a particular address from the whitelist, run the command: ./pivx-cli delegatorremove <ownerAddress>. You can view the current whitelisted addresses by running the command ./pivx-cli listdelegators

To send additional delegations, using the same addresses-pair and re-run step 3 of this guide.

Step By Step Guide - Command Line Client

These steps are shared between the Cold Wallet (Owner) and the Hot Wallet (Staker). If you control both wallets, you'll have to run all of these steps seperately. If someone is providing you with a staking service, each party will have to run the respective steps.

1. Hot Wallet (Staker): Generate a “staking address” using the command: ./pivx-cli getnewstakingaddress

2. Cold Wallet (Owner): Generate an “owner address” (if you don’t have one already): ./pivx-cli getnewaddress

3. Cold Wallet (Owner): Create a “cold stake delegation” in favor of the Staking Address: ./pivx-cli delegatestake "Staker Address" Amount "Owner Address"

   NOTE - If the owner address is omitted, a new address is automatically generated from the wallet. If you want to delegate staking to an external address (using an owner address not present in the wallet, for example, one from a hardware device), then you need to add true at the end of the command (check ./pivx-cli help delegatestake for more info).

4. Hot Wallet (Staker): Whitelist the owner address on your wallet (if you haven’t done so already): ./pivx-cli delegatoradd <ownerAddress>

   NOTE - Once a delegator address is whitelisted, it remains so, including for successive delegations. To remove a particular address from the whitelist, run the command: ./pivx-cli delegatorremove <ownerAddress>. To view the current whitelisted addresses, run the command ./pivx-cli listdelegators

To send additional delegations, using the same addresses-pair, re-run step 3 of this guide.

Troubleshooting Staking Issues

For any issues related to staking activation / rewards, please make sure you read the relevant FAQ at Troubleshooting Staking