Who can explain in detail to me what is Masternode?
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What is a masternode?
A masternode is a combination of
A masternode operator, this tends to be a human being
Collatera or a bond held in a cryptocurrency which has masternode functionality
A server used as part of the decentralized infrastructure of a cryptocurrency
Masternode rewards, these are the incentives for which masternode operators create a masternode.
The term masternode was first used to describe Dash masternodes, these provided instant send and private send services. The concept of servers providing services to a cryptocurrency network has expanded and these servers are not always referred to in the same way. They could also be typically called nodes.
In this article the term masternodes describes any cryptocurrency which allows the decentralised use of servers, which can generate an income to the owner.
Why do masternodes need a collateral to be created?
Masternodes process transactions on a network, the data passing through this network is encrypted, however there is still room for masternodes to act maliciously. Masternode operators with skin in the game, (the bond) have an incentive to play by the rules.
Masternodes are also called Bonded Validator Systems.
What is a server and why does a masternode need one?
A server is simply a computer connected to a network which provides certain services. Masternodes can be installed on three types of setups.
On a home computer. This computer needs to remain online 24/7
Setup on a self-hire server such as : Blue Host
Using a masternode hosting services such as Dash Nodes [AFFILIATE] or NodeShare
What does a masternode do?
These are some examples of cryptocurrency masternode services and which currency use them.
Privacy related functions
Zcoin, Pivx, Dash,, Monetary Unit
InstantSend
Dash, Crown, Monetary Unit
Hashing
Tierion (Lottery based system) (careful!)
Commerce services (not released as of 21/09/2017)
Syscoin
Cryptocurrency Exchange
BlockNet, Exscudo
Smart contracts
Syscoin, BosCoin
What are the requirements of to operate a masternode?
Each cryptocurrency has different requirements, in terms of bond and computing power of the server.
What is the ROI of a masternode?
The big question!
The ROI depends on the following
The price at which the bond was bought
The block reward or the incentive mechanism
The number of masternodes operating
The monetary cost to host masternodes
The time needed ot host masternodes
The Tax implications of masternode income
The price at which the mined tokens are sold
The final price at which the bond is sold
A masternode is a combination of
A masternode operator, this tends to be a human being
Collatera or a bond held in a cryptocurrency which has masternode functionality
A server used as part of the decentralized infrastructure of a cryptocurrency
Masternode rewards, these are the incentives for which masternode operators create a masternode.
The term masternode was first used to describe Dash masternodes, these provided instant send and private send services. The concept of servers providing services to a cryptocurrency network has expanded and these servers are not always referred to in the same way. They could also be typically called nodes.
In this article the term masternodes describes any cryptocurrency which allows the decentralised use of servers, which can generate an income to the owner.
Why do masternodes need a collateral to be created?
Masternodes process transactions on a network, the data passing through this network is encrypted, however there is still room for masternodes to act maliciously. Masternode operators with skin in the game, (the bond) have an incentive to play by the rules.
Masternodes are also called Bonded Validator Systems.
What is a server and why does a masternode need one?
A server is simply a computer connected to a network which provides certain services. Masternodes can be installed on three types of setups.
On a home computer. This computer needs to remain online 24/7
Setup on a self-hire server such as : Blue Host
Using a masternode hosting services such as Dash Nodes [AFFILIATE] or NodeShare
What does a masternode do?
These are some examples of cryptocurrency masternode services and which currency use them.
Privacy related functions
Zcoin, Pivx, Dash,, Monetary Unit
InstantSend
Dash, Crown, Monetary Unit
Hashing
Tierion (Lottery based system) (careful!)
Commerce services (not released as of 21/09/2017)
Syscoin
Cryptocurrency Exchange
BlockNet, Exscudo
Smart contracts
Syscoin, BosCoin
What are the requirements of to operate a masternode?
Each cryptocurrency has different requirements, in terms of bond and computing power of the server.
What is the ROI of a masternode?
The big question!
The ROI depends on the following
The price at which the bond was bought
The block reward or the incentive mechanism
The number of masternodes operating
The monetary cost to host masternodes
The time needed ot host masternodes
The Tax implications of masternode income
The price at which the mined tokens are sold
The final price at which the bond is sold
network Compared to other projects if there is staking added all such a coins are doing very good and the price is shooting through the roof. I hope GoByte will be successful too. More, I am sure it will. 
