I am looking to invest on the major Masternode coins such as Dash, Chain, PIVX etc.
So for example if 10,000 coins is needed for a Masternode is that have to be on the coin official wallet? or I can keep it on the exchange wallet and Masternode will work?
what i know is that you need the original client to run one masternodes, just download the wallet and run it, here you have full explanation how to run one,
"Masternodes are computers that run a dash wallet and make decisions, such as locking transactions with InstantSend, coordinate mixing of coins, and voting on budget funding. Masternodes are required to have 1000 Dash collateral, a dedicated IP address, and be able to run 24 hours a day without a more than a 1 hr connection loss. Masternodes get paid 45% of the block reward on every block, which is distributed to masternodes one at a time. Typically, around 2 dash is paid to each masternode every 7 days"
Thank you for the detailed answer!
How about we make a list of coins with masternodes and their min. entrance?
For example, ChainCoin require 1,000 coins for Masternode (currently worth $80)
There are ongoing and upcoming coins with masternodes and I cannot find anywhere a proper list with detailed info on each of the coins that support the m-nodes..
We dont need to make it - somebody made it before us Go to masternodes.pro
Here you can see not only entrance worth, but cureent price of currency, current ROI(with graph), quantity of masternodes and many more. Very useful resource
But I dont even know what is easier - masternodes or minig..