https://medium.com/@easynodecoin/easynode-coin-enco-shared-masternodes-v1-0-features-and-user-interface-6d2d38184d65Frequently Asked Questions:
1: Can anyone start a shared masternode or does the platform control this process?
The availability of a shared masternode pool is automated by the platform. A new shared masternode is automatically opened when the previous node has been filled to allow users to continue contributing to the pool.
2: What happens when someone exits their seat in a shared masternode?
The seat will remain open and the masternode will continue to run for 7 days to allow it to be filled by new users. If after 7 days the seat has not been filled then the masternode will be disconnected and all users coins will be refunded to their wallet.
3: Who holds the shared masternode coin? What happens if there is a hack or the coins are lost?
All coins contributed to a shared masternode are held in cold storage by ENCO. In the unlikely event of a hack or loss the ENCO project will refund any lost coins to the user.
4: What is the cost to deposit and withdraw coins?
ENCO does not charge or profit from users deposits or withdrawals on the platform. Users are responsible for the transaction fee incurred on the blockchain when depositing or withdrawing from a shared masternode.
5: What is the cost to participate in a shared masternode?
Fees to participate in a shared masternode are similar to the individual hosting fee ($0.25 per day) but each user will only pay the amount equal to the percentage they hold of the shared masternode.
6: How many coins are currently available for shared masternode?
There are currently 6 coins supported as a shared masternode (ENCO, GIN, GTM, LGS, PAC, MIDAS, RUP and DEV).
Future Development:
The release of shared masternodes is a big milestone for the ENCO project. Although the shared masternode service is currently available for ENCO users, the platform is still in its early stages and further features that we are looking to implement into the shared masternode service include: Additional coins, multiple server sizes, reward conversion and reinvestment options and an updated UI to further improve the look and feel of the ENCO platform.
Official Links:
Website:
http://easynodecoin.io/Platform:
https://platform.easynodecoin.io/Explorer:
http://explorer.easynodecoin.io/Whitepaper:
http://easynodecoin.io/lightpaper.pdfWallets:
https://github.com/Easynodecoin/ENC/releasesExchange:
https://wallet.crypto-bridge.org/market/BRIDGE.ENCO_BRIDGE.BTCGithub:
https://github.com/EasynodecoinDiscord:
http://bit.ly/ENCDISCORDTwitter:
https://twitter.com/EasynodeCoinTelegram:
https://t.me/easynodecoinAnnouncement:
https://bitcointalksearch.org/topic/annlaunchpowmn-easynodecoin-enco-masternode-mining-solutions-5026123