I was planning to have 8bit MN setup and have few questions-
1) Can we have hot/cold wallet setup, meaning I will have my actual coins on my windows pc and will have remote wallet, let's say on VPS acting as MN? If yes, is there a tutorial/guide for this. I do not want to install actual wallet and coins on a VPS server due to security issues.
Yes, you can. Search for tutorial in this thread or just pick one from other coin. However, to use masternode.conf you have to update a code what was described recently here.
2) People talk about fork of this coin, can you tell me in brief what this is all about?
We need fine-tune some economy aspects (masternode collateral, block reward, masternode reward) and fix technical things (ie masternode payment enforcement). Because the code base is ancient we will use a new one, at the moment the only question is if we will be able to use the same chain or we will start from scratch (coins will be swapped). Doing my best to make first option real.
3) Is it still profitable to have MN for this coin? Person said we get around 2-3 coins a day with this MN. Is that correct?
Depends on how many staking cheaters skip masternode payments.
4) How do I stake the earned coins from MN? Do I have to just leave then in the wallet just like any other POS coin or is there any specific setup that I need to be aware of.
Move them to another wallet or update a code so MN inputs will be never selected for staking.
