Masternodes rely on staking a certain amount of a given currency within the currency’s network. To establish a masternode, you’d first need to buy a large amount of the currency in question. Then, you'll stake those bad boys and earn your cash back. Once a masternode is live, it accommodates a unique series of functions, such as instant and/or anonymous payments. It also allows operators to vote on important developments within the blockchain. Each currency has its own guidelines for maintaining a masternode, and if these conditions aren’t met or the currency is moved from its staking position, a masternode will cease operating.
Hope this helps!
Topic: MASTERNODE???? (Read 132 times)
As i know, masternods can huge profit after long time..
I want to learn the advantages of what is called 'MASTERNODE'
I ask the experts to explain this to me.
I really appreciate every detail and explanation you give.
because I hear a lot of big profit and investment security gained from coins that have masternode.
REGARDS!
I ask the experts to explain this to me.
I really appreciate every detail and explanation you give.
because I hear a lot of big profit and investment security gained from coins that have masternode.
REGARDS!
Masternodes help process transactions on the network and are paid out a part of the block mining reward for holding a set amount of collateral.
I'm not expert. Just wanted to warn you there is also large investment required (e.g. to run DASH masternode you need to have 1000 DASH ... 1 million USD ).
so the masternode is actually an investment program for a coin?
but why use so much money?
and when we follow the method or investment it is a benefit that we can get from them.
I am still not clear on this.
I'm not as well.
How about some googling? https://themerkle.com/what-is-a-masternode/
and when I mentioned DASH see also https://www.dash.org/masternodes2/
I guess such high price is to prevent everybody run it and because it can be really profitable. Also it's quite essential for the network. Had it been cheap people would run them for a while, then quit if not satisfied with income ... once you invest this much you are bound to keep it running ( as you have lot of money in it).
Only really interested people (or those with lot of spare funds) will invest into.
There is also something called the oracle masternode, it's the same function as a MN but much more. A great example is what Wagerr (betting blockchain) is currently doing.
-Yes you definitely would need big investment and the set up can be very complex. But once you're in, there are huge potential earnings for running a MN.
-Yes you definitely would need big investment and the set up can be very complex. But once you're in, there are huge potential earnings for running a MN.
well I want to know why we follow masternode with a large capital?
what and how do we get the results of the program?
is it gets the inside besides coin per month or what?
to be honest I have not understand the slightest thing will These. Thanks
There is also something called the oracle masternode, it's the same function as a MN but much more. A great example is what Wagerr (betting blockchain) is currently doing.
-Yes you definitely would need big investment and the set up can be very complex. But once you're in, there are huge potential earnings for running a MN.
-Yes you definitely would need big investment and the set up can be very complex. But once you're in, there are huge potential earnings for running a MN.
I'm not expert. Just wanted to warn you there is also large investment required (e.g. to run DASH masternode you need to have 1000 DASH ... 1 million USD ).
so the masternode is actually an investment program for a coin?
but why use so much money?
and when we follow the method or investment it is a benefit that we can get from them.
I am still not clear on this.
I'm not expert. Just wanted to warn you there is also large investment required (e.g. to run DASH masternode you need to have 1000 DASH ... 1 million USD ).
I want to learn the advantages of what is called 'MASTERNODE'
I ask the experts to explain this to me.
I really appreciate every detail and explanation you give.
because I hear a lot of big profit and investment security gained from coins that have masternode.
REGARDS!
I ask the experts to explain this to me.
I really appreciate every detail and explanation you give.
because I hear a lot of big profit and investment security gained from coins that have masternode.
REGARDS!
Jump to: