Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2663. (Read 9723733 times)

Then again it seems that throwing mud and false accusations is easier than trying to outdo DASH/Darkcoin.

$1.50/day per Masternode. Does this go up or down with marketcap?

Also, I haven't calculated all costs in yet, such as paying Ghost to help set me up a server, and then for maintenance/updates.


This is what I have so far.

Cost:
Masternode Setup = 25 DRK
Server Update, General Help, Step-by-step install, etc -> 10 DRK / h

How often is a a server update needed? How much does it cost to run a server 24/7 for 1 year.


I'm trying to calculate initial cost and maintenance cost. If I can make near $1 per day in profits, then I'd be happy to put up more nodes. How often is payout?

False. It turns enforcement on/off that's it. It's kind of useful when you have the kind of massive updates programmers we have.

That's it.

u dont like Darkcoin/DASH ... i understand... we all understand...

but trying to make new people think that Evan the DEV is some kind of scammer... you are just being idiot in front of all these people

Rubbish! Which exchange allows you full access to your BTC on one confirmation? Certainly not Bitfinex, Cryptsy, Poloniex, Bittrex, Bitstamp or BTC-e. So where, who, what?

I have to wait for about an hour for 6 confirms regularly so quoting an hour for BTC is completely valid.

The BS just pours unrestrained out of your mouth Adam.

No, true.  "Control" means having the power to turn something off.

Satoshi never had a doomsday key to turn off errant Bitcoin nodes.  So why does Duff need a kill switch for MalwareNodes?  

Because "massive updates?"  Many coins have massive updates, but only one pretends trusting their Dear Leader with unfettered discretion is a Good Idea.

Talk about centralized trusted 3rd parties.  DASH is digital trash.

No, true.  "Control" means having the power to turn something off.

Satoshi never had a doomsday key to turn off errant Bitcoin nodes.  So why does Duff need a kill switch for MalwareNodes?  

Because "massive updates?"  Many coins have massive updates, but only one pretends trusting their Dear Leader with unfettered discretion is a Good Idea.

Talk about centralized trusted 3rd parties.  DASH is digital trash.

No, true.  "Control" means having the power to turn something off.

Satoshi never had a doomsday key to turn off errant Bitcoin nodes.  So why does Duff need a kill switch for MalwareNodes?  

Because "massive updates?"  Many coins have massive updates, but only one pretends trusting their Dear Leader with unfettered discretion is a Good Idea.

Talk about centralized trusted 3rd parties.  DASH is digital trash.

False. It turns enforcement on/off that's it. It's kind of useful when you have the kind of massive updates we have.

I can read official statements from public forums!

So the daily payout rate is currently 70 cents for 1 Masternode?

Then we could just present those facts in the same forum page without replying to the trolls when needed, that would be enough. By directly replying to them we just "derail the thread into troll hell", so is like we are trying to put out a fire with gasoline.

We can't control what they post and how they handle themselves but we can control how we manage it. We need rational responses not emotional reactions.  They are provocateurs their objective is to wind up people and it just saddens me when we play into their game.  We can just ignore them, present information on the same forum page for lurkers and leave it be.  That would be the best course of action, but trolls know that out of a large group of people they are likely to get an emotional reaction from someone.  Just know that that is exactly what they want.

I will answer you in terms of DASH ROI, the value in FIAT will of course depend on the price.

Requirements

In order to run a Masternode, an investor needs to buy 1000 DRK/DASH as collateral. These coins remain in control of the investor, but he needs to put them into one of his addresses and associate that address with the node.  The network checks that the node is running and that the funds are not moved, this classifies as a valid Masternode and then it is eligible to get paid.  With each mined block on the network a Masternode from the active Masternode list is selected and gets a payment, when all masternodes on the list are paid, the payment cycle starts again.
When there are updates in the software the Masternode operators have 7 days to update to the latest version, after that, they are dropped from the active Masternode list and stop getting paid until they update.

DASH ROI

You can estimate like this:

- Currently Masternodes get 40% of the block reward.

- The minimum block reward in DASH(DRK) is 4.65 DASH at this moment. I will assume difficulty is high enough so that we are dealing with the minimum reward for a worst case scenario situation, sometimes there are blocks with higher rewards. The minimum DASH block reward decreases by 7% annually to avoid abrupt block halvings, that already happened earlier this year so 4.65 DASH will be valid until next year.

- Average block-time in DASH is 2.5 min, so there are ~576 blocks per day. So 576*4.65DASH*40% = 1071.36 DASH alloted for the whole masternode network currently, we need to divide this by the 2300MN active masternodes. This gives us

 ~Monthly masternode income = 13.97 DASH
 ~Current Minimum DASH Annual ROI = 17%*

*This will change and go up throughout this year as the masternode network reward share will continue to increase each month to incentivize node creation following this schedule:



IMPORTANT:

-So in the end it will really be more than my estimation above as the reward share will continue to increase each month until it reaches 60% March 2016.  

-Having said that the number of Masternodes will also likely increase so I think it is safe to say tha the minimum annual return for a node in DASH should be around 20-25 %

-Now the return in FIAT could be a lot more if the coins appreciate in value year to year.

- Finally, and very important you always retain control of your 1000DASH and are able to liquidate them at any point you wish, you would then obviously just stop getting paid.

I really hopes this helps.