Anyone who hasn't seen the DEX in action before, can see a small gif displaying it here: https://imgur.com/zSxobsV
Here is an example of a user making a purchase of LTC from an ARB Aggregator which has been connected to binance (will be connected to many more DEX’s & exchanges in the future). Once it is sold in the DEX the ARB is buying on binance for a small profit.
Topic: Intelligent Masternodes? - page 2. (Read 976 times)
Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
That is really a great perspective like we should not allow money to move out of crypto world. Any staking method should encourage people to keep on investing within crypto world. I completely agree with you because each and every penny is more important if a concern about building more valuable future. When we are spending some $5 for VPS hosting every month then that will end up summing up very big money over the time and when we are calculating for thousands of crypto adopters then it will be a very huge money but it is going really out of crypto world. That is very bad. So, masternode concept should not be encouraged in my opinion too.I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
You completely miss the point of masternodes.
Masternodes is not supposed to be hosted by the average Joe. A masternode is basically a server you setup, which is online 24/7. This is of HUGE benefit as it can take jobs benefitting YOU as the consumer.
A network of 2000+ masternodes can host a multitude of decentralized dApps and services that empowers the blockchain it runs on. I'm paying ZERO dollars on my masternodes, as I use the Stakenet Cloud to host my nodes, this supports the project, and I'm basically just paying the VPS costs using parts of my profits.
Traditional masternodes is useless as they don't do anything other than verifying transactions on the network, same as someone staking basically. You can run a masternode without a VPS on your own computer, but if you plan to run more than one, you wont be able to, as you need different IP's and hardware to do so.
There's a lot of people to this day, who don't understand the underlying benefits of masternodes. I remember when I heard about "masternodes" back in like 2014-2015 implemented on Darkcoin (Now DASH) I simply didn't get it, and passed it as being "stupid", little did I know that it drove up the price of Darkcoin amazingly well due to the low supply.
Dash's Masternodes, what are they ? how many are there ? why should i care?
Link : https://bitcointalksearch.org/topic/dashs-masternodes-what-are-they-how-many-are-there-why-should-i-care-860067
Date : 17 November 2014
I don't think it was just the low supply driving up the Dash price. Features like privacy (DarkSend), getting paid for running a masternode, the interesting MN payment schedule over time,
the decentralized budget and governance system that followed soon after and having trust in the development team also played a role i think.
Here is an overview of number of active Dash masternodes over time :
It will be interesting to see if number of active Dash masternodes has reached equilibrium by now (at around 4600 masternodes) or if there is still room for growth.
Always been a huge fan of DASH, but never really got in a position to afford a masternode. I'm sure the network will grow over time. For now I'm investing in cheaper nodes, Stakenet is definitely on my bucket list, since their tech is out of this world compared to many other masternode projects I've researched.
Interesting, not that I know a lot about "masternodes", but I'm sure they have their limits as well?
Guess I need to do more research, as this is a topic I haven't dealt with much yet. First heard about it when I discovered Dash.
Guess I need to do more research, as this is a topic I haven't dealt with much yet. First heard about it when I discovered Dash.
Their limits depends on the VPS servers they run on, which can be upgraded as you want over time. Another thing is the chain itself which is being hosted by the node. It can have it's limits, which is why XSN is a fork of both Dash, BTC. On top of that they made their own tech, such as Trustless Proof Of Stake.
Feel free to do more research, the possibilities is endless.
Interesting, not that I know a lot about "masternodes", but I'm sure they have their limits as well?
Guess I need to do more research, as this is a topic I haven't dealt with much yet. First heard about it when I discovered Dash.
Guess I need to do more research, as this is a topic I haven't dealt with much yet. First heard about it when I discovered Dash.
Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
That is really a great perspective like we should not allow money to move out of crypto world. Any staking method should encourage people to keep on investing within crypto world. I completely agree with you because each and every penny is more important if a concern about building more valuable future. When we are spending some $5 for VPS hosting every month then that will end up summing up very big money over the time and when we are calculating for thousands of crypto adopters then it will be a very huge money but it is going really out of crypto world. That is very bad. So, masternode concept should not be encouraged in my opinion too.I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
You completely miss the point of masternodes.
Masternodes is not supposed to be hosted by the average Joe. A masternode is basically a server you setup, which is online 24/7. This is of HUGE benefit as it can take jobs benefitting YOU as the consumer.
A network of 2000+ masternodes can host a multitude of decentralized dApps and services that empowers the blockchain it runs on. I'm paying ZERO dollars on my masternodes, as I use the Stakenet Cloud to host my nodes, this supports the project, and I'm basically just paying the VPS costs using parts of my profits.
Traditional masternodes is useless as they don't do anything other than verifying transactions on the network, same as someone staking basically. You can run a masternode without a VPS on your own computer, but if you plan to run more than one, you wont be able to, as you need different IP's and hardware to do so.
There's a lot of people to this day, who don't understand the underlying benefits of masternodes. I remember when I heard about "masternodes" back in like 2014-2015 implemented on Darkcoin (Now DASH) I simply didn't get it, and passed it as being "stupid", little did I know that it drove up the price of Darkcoin amazingly well due to the low supply.
Dash's Masternodes, what are they ? how many are there ? why should i care?
Link : https://bitcointalksearch.org/topic/dashs-masternodes-what-are-they-how-many-are-there-why-should-i-care-860067
Date : 17 November 2014
I don't think it was just the low supply driving up the Dash price. Features like privacy (DarkSend), getting paid for running a masternode, the interesting MN payment schedule over time,
the decentralized budget and governance system that followed soon after and having trust in the development team also played a role i think.
Here is an overview of number of active Dash masternodes over time :
It will be interesting to see if number of active Dash masternodes has reached equilibrium by now (at around 4600 masternodes) or if there is still room for growth.
Interesting, and true words. Same applies to Stakenet, which is no surprise since they forked off of Dash and BTC. The governance system is a pretty damn genius concept that prevents the team from "exit" scamming or slacking off, compared to all these ICO funded projects, which we've seen poor management of the past years.
Thanks for posting, I believe we'll see more DASH nodes in the near future, but due to the high entry barrier (1000 DASH), it wont increase too fast.
IQ cash is one of the best masternodes out there at the moment. Its already on coinmarketcap
Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
That is really a great perspective like we should not allow money to move out of crypto world. Any staking method should encourage people to keep on investing within crypto world. I completely agree with you because each and every penny is more important if a concern about building more valuable future. When we are spending some $5 for VPS hosting every month then that will end up summing up very big money over the time and when we are calculating for thousands of crypto adopters then it will be a very huge money but it is going really out of crypto world. That is very bad. So, masternode concept should not be encouraged in my opinion too.I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
You completely miss the point of masternodes.
Masternodes is not supposed to be hosted by the average Joe. A masternode is basically a server you setup, which is online 24/7. This is of HUGE benefit as it can take jobs benefitting YOU as the consumer.
A network of 2000+ masternodes can host a multitude of decentralized dApps and services that empowers the blockchain it runs on. I'm paying ZERO dollars on my masternodes, as I use the Stakenet Cloud to host my nodes, this supports the project, and I'm basically just paying the VPS costs using parts of my profits.
Traditional masternodes is useless as they don't do anything other than verifying transactions on the network, same as someone staking basically. You can run a masternode without a VPS on your own computer, but if you plan to run more than one, you wont be able to, as you need different IP's and hardware to do so.
There's a lot of people to this day, who don't understand the underlying benefits of masternodes. I remember when I heard about "masternodes" back in like 2014-2015 implemented on Darkcoin (Now DASH) I simply didn't get it, and passed it as being "stupid", little did I know that it drove up the price of Darkcoin amazingly well due to the low supply.
Dash's Masternodes, what are they ? how many are there ? why should i care?
Link : https://bitcointalksearch.org/topic/dashs-masternodes-what-are-they-how-many-are-there-why-should-i-care-860067
Date : 17 November 2014
I don't think it was just the low supply driving up the Dash price. Features like privacy (DarkSend), getting paid for running a masternode, the interesting MN payment schedule over time,
the decentralized budget and governance system that followed soon after and having trust in the development team also played a role i think.
Here is an overview of number of active Dash masternodes over time :
It will be interesting to see if number of active Dash masternodes has reached equilibrium by now (at around 4600 masternodes) or if there is still room for growth.
Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
That is really a great perspective like we should not allow money to move out of crypto world. Any staking method should encourage people to keep on investing within crypto world. I completely agree with you because each and every penny is more important if a concern about building more valuable future. When we are spending some $5 for VPS hosting every month then that will end up summing up very big money over the time and when we are calculating for thousands of crypto adopters then it will be a very huge money but it is going really out of crypto world. That is very bad. So, masternode concept should not be encouraged in my opinion too.I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
You completely miss the point of masternodes.
Masternodes is not supposed to be hosted by the average Joe. A masternode is basically a server you setup, which is online 24/7. This is of HUGE benefit as it can take jobs benefitting YOU as the consumer.
A network of 2000+ masternodes can host a multitude of decentralized dApps and services that empowers the blockchain it runs on. I'm paying ZERO dollars on my masternodes, as I use the Stakenet Cloud to host my nodes, this supports the project, and I'm basically just paying the VPS costs using parts of my profits.
Traditional masternodes is useless as they don't do anything other than verifying transactions on the network, same as someone staking basically. You can run a masternode without a VPS on your own computer, but if you plan to run more than one, you wont be able to, as you need different IP's and hardware to do so.
There's a lot of people to this day, who don't understand the underlying benefits of masternodes. I remember when I heard about "masternodes" back in like 2014-2015 implemented on Darkcoin (Now DASH) I simply didn't get it, and passed it as being "stupid", little did I know that it drove up the price of Darkcoin amazingly well due to the low supply.
Intelligent masternodes can be dangerous, they could one day become self aware and choose to
keep masternode payments to themselves.
Masternodes --> Intelligent Masternodes --> Skynet
keep masternode payments to themselves.
Masternodes --> Intelligent Masternodes --> Skynet
What have you been smoking dude?
Masternodes are essentially just servers that verifies transactions and secures the network. In this scenario, you assign them more jobs benefitting everyone using the eco-system. It's a win/win for everybody.
Intelligent masternodes can be dangerous, they could one day become self aware and choose to
keep masternode payments to themselves.
Masternodes --> Intelligent Masternodes --> Skynet
keep masternode payments to themselves.
Masternodes --> Intelligent Masternodes --> Skynet
Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
That is really a great perspective like we should not allow money to move out of crypto world. Any staking method should encourage people to keep on investing within crypto world. I completely agree with you because each and every penny is more important if a concern about building more valuable future. When we are spending some $5 for VPS hosting every month then that will end up summing up very big money over the time and when we are calculating for thousands of crypto adopters then it will be a very huge money but it is going really out of crypto world. That is very bad. So, masternode concept should not be encouraged in my opinion too.I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
You completely miss the point of masternodes.
Masternodes is not supposed to be hosted by the average Joe. A masternode is basically a server you setup, which is online 24/7. This is of HUGE benefit as it can take jobs benefitting YOU as the consumer.
A network of 2000+ masternodes can host a multitude of decentralized dApps and services that empowers the blockchain it runs on. I'm paying ZERO dollars on my masternodes, as I use the Stakenet Cloud to host my nodes, this supports the project, and I'm basically just paying the VPS costs using parts of my profits.
Traditional masternodes is useless as they don't do anything other than verifying transactions on the network, same as someone staking basically. You can run a masternode without a VPS on your own computer, but if you plan to run more than one, you wont be able to, as you need different IP's and hardware to do so.
Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
That is really a great perspective like we should not allow money to move out of crypto world. Any staking method should encourage people to keep on investing within crypto world. I completely agree with you because each and every penny is more important if a concern about building more valuable future. When we are spending some $5 for VPS hosting every month then that will end up summing up very big money over the time and when we are calculating for thousands of crypto adopters then it will be a very huge money but it is going really out of crypto world. That is very bad. So, masternode concept should not be encouraged in my opinion too. I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
You can pay for your VPS using XSN via the Stakenet Cloud service at only $0.15/day paid in XSN per masternode. This means that I don't pay anything out of pocket to run my nodes. This is just one of many decentralized services.
Stakenet invented Cold Staking back in 2017, meaning you can stake XSN while your wallet is shut down.
Cross Chain Proof Of Stake (CCPOS) is coming as well, allowing you to stake XSN, and recieve ANY coin you want as reward. Meaning you can cold stake XSN, and recieve BTC if you want to
Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.
Stakenet is really one of the hot topics of crypto technology forums. The team has done a great job of serving bitcoin transactions quickly and without fee. But it is important that they ensure the security of their property. Because when any app is opened, we need the prestige of the team and that can help many people to trust and use it. Trustwallet is a good example, they have very good PR and now there are quite a few people using their services. I want to see Stakenet advertised more, a bounty campaign would be a good idea.
if i see from the picture you present, the difference is very clear. of course this is also a choice in my opinion.but that must be taken into account about the costs generated after making a transaction. whether the costs will be expensive or just the same
The Lightning Network can lower transaction costs by up to 90%+, which is a HUGE advantage. It also makes transactions near instant, as transactions happens off-chain - meaning you don't need to wait for blockchain confirmations.
With all these advantages, I really wonder why the Lightning Network in particular isn't discussed more than it is, anyone know why? It seems like the OBVIOUS answer to scale BTC, yet it seems like people are ignoring it completely.
I wonder why
There's a lot of people still, who don't understand the Lightning Network and it's benefits as a scaling solution. Let along fewer people who understands how Stakenet solves the centralized aspect of the Lightning Network using masternodes as "Lighning Routers".
Anyone who actually digs down in this will see the bigger picture.
I honestly don't think anyone truly understands it, before they get their hands on the dApp itself and experiences how fast and easy it is to use. I've seen so much hate against the Lightning Network on other social media platforms such as Reddit, and I can see why. Lightning isn't a feasible solution without a platform to handle it all, which is where Stakenet comes in.
if i see from the picture you present, the difference is very clear. of course this is also a choice in my opinion.but that must be taken into account about the costs generated after making a transaction. whether the costs will be expensive or just the same
The Lightning Network can lower transaction costs by up to 90%+, which is a HUGE advantage. It also makes transactions near instant, as transactions happens off-chain - meaning you don't need to wait for blockchain confirmations.
With all these advantages, I really wonder why the Lightning Network in particular isn't discussed more than it is, anyone know why? It seems like the OBVIOUS answer to scale BTC, yet it seems like people are ignoring it completely.
I wonder why
There's a lot of people still, who don't understand the Lightning Network and it's benefits as a scaling solution. Let along fewer people who understands how Stakenet solves the centralized aspect of the Lightning Network using masternodes as "Lighning Routers".
Anyone who actually digs down in this will see the bigger picture.
if i see from the picture you present, the difference is very clear. of course this is also a choice in my opinion.but that must be taken into account about the costs generated after making a transaction. whether the costs will be expensive or just the same
The Lightning Network can lower transaction costs by up to 90%+, which is a HUGE advantage. It also makes transactions near instant, as transactions happens off-chain - meaning you don't need to wait for blockchain confirmations.
With all these advantages, I really wonder why the Lightning Network in particular isn't discussed more than it is, anyone know why? It seems like the OBVIOUS answer to scale BTC, yet it seems like people are ignoring it completely.
I wonder why
if i see from the picture you present, the difference is very clear. of course this is also a choice in my opinion.but that must be taken into account about the costs generated after making a transaction. whether the costs will be expensive or just the same
The Lightning Network can lower transaction costs by up to 90%+, which is a HUGE advantage. It also makes transactions near instant, as transactions happens off-chain - meaning you don't need to wait for blockchain confirmations.
if i see from the picture you present, the difference is very clear. of course this is also a choice in my opinion.but that must be taken into account about the costs generated after making a transaction. whether the costs will be expensive or just the same
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