Best masternode project, and why? | Bitcointalksearch.org

GucciBoy

jr. member

Activity: 196

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Quote from: shinratensei_ on December 17, 2019, 05:51:09 PM

Quote from: Wh00re on December 17, 2019, 02:26:11 PM

Quote from: tenakha on December 16, 2019, 03:18:36 PM

Quote from: Wh00re on December 16, 2019, 02:56:50 PM

A masternode is a good way to earn passively, so is staking, but I prefer masternodes, as having your computer running all day isn't my thing.

Masternodes seem to have been forgotten and replaced by staking. There is no need to run a computer in staking. I guess you misunderstood staking, so all you have to do is invest and wait. That is why PoS is more preferred. PoS was created as an alternative to PoW and offers much more superiority. The more amount you have in your account, the more mining power you have compared to this PoW.

You need to have your computer online at all times when staking, so that's wrong

what's the difference? when you are staking, you must make your PC online for 24 hours and when you are doing it through using the masternode coin and you must do the same as staking too, That's why a lot of people are using raspberry pi for staking consider it consumes small electricity. The majority of the master node users are also using VPS to make sure their masternode is online anytime to help the blockchain to secure the block.
But i agree if that guy above you didn't understand how it works.

masternode coin just like a time bomb for me.

The main difference is, that you don't need to have your PC open and running 24/7, which is pretty nice when you're on vacation, or just not at home. You'll save yourself a lot of electricity this way.

Blocknet is an interesting project, and one of the few masternode projects with an actual product, unlike the majority of masternode projects.

Wh00re

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Activity: 122

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Quote from: shinratensei_ on December 17, 2019, 05:51:09 PM

Quote from: Wh00re on December 17, 2019, 02:26:11 PM

Quote from: tenakha on December 16, 2019, 03:18:36 PM

Quote from: Wh00re on December 16, 2019, 02:56:50 PM

A masternode is a good way to earn passively, so is staking, but I prefer masternodes, as having your computer running all day isn't my thing.

Masternodes seem to have been forgotten and replaced by staking. There is no need to run a computer in staking. I guess you misunderstood staking, so all you have to do is invest and wait. That is why PoS is more preferred. PoS was created as an alternative to PoW and offers much more superiority. The more amount you have in your account, the more mining power you have compared to this PoW.

You need to have your computer online at all times when staking, so that's wrong

what's the difference? when you are staking, you must make your PC online for 24 hours and when you are doing it through using the masternode coin and you must do the same as staking too, That's why a lot of people are using raspberry pi for staking consider it consumes small electricity. The majority of the master node users are also using VPS to make sure their masternode is online anytime to help the blockchain to secure the block.
But i agree if that guy above you didn't understand how it works.

masternode coin just like a time bomb for me.

Well the difference is you don't need to waste electicity, when setting up a VPS server. Most people stake using their home computer, which wastes a lot of electricity. That's also why "Delegated Proof Of Stake" was invented. (ARK, LISK and other projects uses this). A masternode also yields more than just staking 99% of the time, since you need to own a good bunch of coins.

Masternodes comes in all kinds of price ranges, there is masternodes as cheap as $100, and nodes much much more expensive.
When looking for a masternode, I suggest you look for coins with an actual use case, roadmap, etc. Otherwise investors will dump their block rewards as they come in.
Blocknet is my personal favorite of them all, which is why I wanted to mention it here, but really, there's tons of projects out there.

shinratensei_

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Quote from: Wh00re on December 17, 2019, 02:26:11 PM

Quote from: tenakha on December 16, 2019, 03:18:36 PM

Quote from: Wh00re on December 16, 2019, 02:56:50 PM

A masternode is a good way to earn passively, so is staking, but I prefer masternodes, as having your computer running all day isn't my thing.

Masternodes seem to have been forgotten and replaced by staking. There is no need to run a computer in staking. I guess you misunderstood staking, so all you have to do is invest and wait. That is why PoS is more preferred. PoS was created as an alternative to PoW and offers much more superiority. The more amount you have in your account, the more mining power you have compared to this PoW.

You need to have your computer online at all times when staking, so that's wrong

what's the difference? when you are staking, you must make your PC online for 24 hours and when you are doing it through using the masternode coin and you must do the same as staking too, That's why a lot of people are using raspberry pi for staking consider it consumes small electricity. The majority of the master node users are also using VPS to make sure their masternode is online anytime to help the blockchain to secure the block.
But i agree if that guy above you didn't understand how it works.

masternode coin just like a time bomb for me.

huu78

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Activity: 1204

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Fortunately, now the best Masternode and its own project is energy coin. The Masternode offered is also unique and interesting. The price is now quite fantastic when it has been on the airdrop distribution but dump it's just an imagination to them because that's not the case. I think the energy is suitable for this next year if want to invest in a Masternode now.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Wh00re on December 17, 2019, 02:26:11 PM

Quote from: batang_bitcoin on December 16, 2019, 03:39:13 PM

This is also my top choice with the acceptable amount that it can give daily as profit for the investor, this is the priority and most popular of them all. But, this would require a very expensive capital that's why many only wants it but can't avail it. And soon, I'm also thinking that it will be replaced with the emergence of staking. Ethereum is at hand for its staking and for sure there will be a bunch of investors that will be racing to get their first ever Ethereum stake.

Ethereum wont be profitable for most people to stake. Unless you own 100+ Ethereum it wont yield much. Do your own research on this, but it's not gonna yield as much as people think, otherwise the supply would grow way too quickly.

Yeah, I'm still on my research about that but most of the people are hyping it that's why I'm also affected with that hype or I've extracted that hype probably. 32 ETH is the minimum to stake and that's interesting to hear because just by staking and you'll earn interest from doing that, it sounds good to earn than have nothing by just holding the coin. But you're right on this, I've heard that the rich will become richer because of this.

timmmers

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I think that era of masternodes ended. Now investors prefer staking coins. Why? Because you don´t have to own a big amount of cryptocurrencies, you don´t have to be online 24/7, more people stake = more decentralized network is. So I do not see any advantage when I compare masternodes and staking coins.

Wh00re

newbie

Activity: 122

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Quote from: tenakha on December 16, 2019, 03:18:36 PM

Quote from: Wh00re on December 16, 2019, 02:56:50 PM

A masternode is a good way to earn passively, so is staking, but I prefer masternodes, as having your computer running all day isn't my thing.

Masternodes seem to have been forgotten and replaced by staking. There is no need to run a computer in staking. I guess you misunderstood staking, so all you have to do is invest and wait. That is why PoS is more preferred. PoS was created as an alternative to PoW and offers much more superiority. The more amount you have in your account, the more mining power you have compared to this PoW.

You need to have your computer online at all times when staking, so that's wrong

Quote from: Pearls Before Swine on December 16, 2019, 03:24:58 PM

Quote from: tenakha on December 16, 2019, 03:18:36 PM

Masternodes seem to have been forgotten and replaced by staking..

They haven't been forgotten so much as not adopted by the average person because of how many coins you usually need to run one. Even with the cheapest masternode coins like pivx, it still requires 10,000 coins. That's out of reach for many people.

I would like it very much if I had enough money to buy a masternode. Dash would be my first choice but I know that isn't going to work anytime soon. And yes, they don't require as much time, effort, or electricity to run. It's really just a matter of having enough coins as collateral.

There are TONS of projects with masternodes, the 2 you named there are among the most popular ones, not the most profitable ones though. Blocknet yields 16% annually on their nodes, while Dash sits at 7%.

Quote from: batang_bitcoin on December 16, 2019, 03:39:13 PM

Quote from: Pearls Before Swine on December 16, 2019, 03:24:58 PM

Dash would be my first choice but I know that isn't going to work anytime soon.

This is also my top choice with the acceptable amount that it can give daily as profit for the investor, this is the priority and most popular of them all. But, this would require a very expensive capital that's why many only wants it but can't avail it. And soon, I'm also thinking that it will be replaced with the emergence of staking. Ethereum is at hand for its staking and for sure there will be a bunch of investors that will be racing to get their first ever Ethereum stake.

Ethereum wont be profitable for most people to stake. Unless you own 100+ Ethereum it wont yield much. Do your own research on this, but it's not gonna yield as much as people think, otherwise the supply would grow way too quickly.

heidikim

full member

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Pvix is also one of the popular projects of the time. I think Masternode is a logical attempt to set up. But there is a danger. Projects that can be installed in masternodes can have a lot of price mobility. Big projects like Dash, of course.

Lagduf

sr. member

Activity: 1162

Merit: 260

I still prefer energi as the best masternode coin right now. it has so many support from the market, real development progress, and the annual return looks good compared with another coin but for some people, it may very expensive to be bought. Compared with another masternode coin and energi is having a very good fundamental at this moments just like very big liquidity.

henrybek3

full member

Activity: 546

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When I say Masternode, I think of Stakenet. Too much advertised. They set it up in a nice system. I think things were a project. However the price could not make the jump as expected. Everything in the market means price.

bdivrik

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When I see that title, I get a lot of thoughts. Dash is a very good project. In ancient times, it was necessary to invest. Because now it is very difficult to set up a masternode for Dash. Although the prices are low, Dash masternode set up is very expensive.

batang_bitcoin

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Quote from: Pearls Before Swine on December 16, 2019, 03:24:58 PM

Dash would be my first choice but I know that isn't going to work anytime soon.

This is also my top choice with the acceptable amount that it can give daily as profit for the investor, this is the priority and most popular of them all. But, this would require a very expensive capital that's why many only wants it but can't avail it. And soon, I'm also thinking that it will be replaced with the emergence of staking. Ethereum is at hand for its staking and for sure there will be a bunch of investors that will be racing to get their first ever Ethereum stake.

Pearls Before Swine

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Quote from: tenakha on December 16, 2019, 03:18:36 PM

Masternodes seem to have been forgotten and replaced by staking..

They haven't been forgotten so much as not adopted by the average person because of how many coins you usually need to run one. Even with the cheapest masternode coins like pivx, it still requires 10,000 coins. That's out of reach for many people.

I would like it very much if I had enough money to buy a masternode. Dash would be my first choice but I know that isn't going to work anytime soon. And yes, they don't require as much time, effort, or electricity to run. It's really just a matter of having enough coins as collateral.

tenakha

hero member

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Quote from: Wh00re on December 16, 2019, 02:56:50 PM

A masternode is a good way to earn passively, so is staking, but I prefer masternodes, as having your computer running all day isn't my thing.

Masternodes seem to have been forgotten and replaced by staking. There is no need to run a computer in staking. I guess you misunderstood staking, so all you have to do is invest and wait. That is why PoS is more preferred. PoS was created as an alternative to PoW and offers much more superiority. The more amount you have in your account, the more mining power you have compared to this PoW.

Wh00re

newbie

Activity: 122

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I'm a huge fan of Blocknet and their DEX, which seems to be the only REAL DEX on the market right now, though I'm sure we'll see more on the market very soon

.
Bisq, Waves, Binance, and IDEX isn't truly decentralized, so they don't count in my book.

A masternode is a good way to earn passively, so is staking, but I prefer masternodes, as having your computer running all day isn't my thing.

I'd love to know what you guys can recommend, and why?

Topic: Best masternode project, and why? (Read 169 times)