For now I just want to hodl my 3Dcoins until it has reached some reputable exchanges. I also plan to build a masternode out of my 3dcoin but the problem is there is still no market value for 3dcoin. How can I ever pay the VPS service if I setup my Masternode still without market price for 3dcoin.
Welcome to the... pain... wanted to set up a masternode and found out I need a VPS. Completely stumped. And no wallet staking, wondering how to make my coins anymore useful instead of sitting idle
Welcome to the nerd's paradise... this is the world of cryptocurrencies ...
the masternodes are becoming the trend of the moment or maybe they are already, someone claims that the masternodes will be in 2018 what the ICOs were in 2017, but the risk is that as for the ICO there is a surplus of projects that they are useless and made just to ride the wave and the hype. But it is not the case of Districts 3DCoin because here there is a project with Dapps and 3D / VR / AR features that goes well beyond the masternodes, which have a function in the network, as in the case of Dash are used to quickly validate "instant send" transactions and also serve to perform functions of "private send" (or "mixing") and obviously being nodes working 24/7 keep the network safe and have a copy onboard of the blockchain. It is not about staking so it is not necessary to keep the coins inside an open wallet with the PC always on (as it happens for NavCoin for example) the masternode is a very different thing and therefore requires a VPS server always operating to work well and receive the reward... but hey buddy out there is full of VPS providers with deals between $ 3 and $ 10 a month and if you're in this business of cryptos should not discourage such an expense. All projects involving masternodes (including DASH) require a VPS server to have a real 24/7 operating masternode but if you have a static IP provided by your provider at home and if you can follow a guide on the web you can also dabble to always keep your computer turned on and set the masternode on it without the need for a VPS, you can also use a raspberry pi
but at the end of the fair are you sure it is better to keep a machine always on with your static IP home always exposed? Maybe it's the same IP you use when you make BTC or EHT transactions... mmm maybe a little risky can not you find? So what is better and cheaper and safer a nice VPS for 3, 5, 10 dollars on which in the future you can also place other masternodes of other coins (I read of people who also puts 4 or 5 mns on a VPS... of different coins is obvious) or is it better a machine at home always on with the wallet unlocked and your IP exposed to anyone?