I'm regret for purchasing too little amount of XBY. Other than masternode, can XBY be stake?
We dont have masternodes, we have something even better called static nodes which have more usecases.
And XBY dont stake. All coins are already out in the hand of investors.
But static nodes earns fees from transactions on the network and from people buying a node and then having to pay a registration fee.
So it can be a pretty juicy business in the end holding several nodes and then imagining all the transactions taking place on a platform with endless DApps build upon it.
Here is someone who is seeing the big picture at XTRABYTES! Great job and thank you for participating here on the forum also.
We will be making a FULL post in the near future when we finalize the fees system for registering your STATIC nodes. For now, what we have shared is this:
The first STATIC registered on each level (Level 1 already has 448) will pay ZERO fees and the last registered will pay the MAXIMUM fee. This will be
scaling fees system that is being designed to inspire a balanced fill of the 3 levels of STATIC nodes.
Keep in mind that these fees are shared with the STATIC network ONLY... Therefore, 100% of the fees
is an income if you own a STATIC node, and as Nick has pointed out in his post - more income will result when the DApps start coming online in the future.
Thank you for you post!
Dave