Topic: Quaestor Coin Masternodes (Read 141 times)

What are Masternodes?
Masternodes are a feature offered by some cryptocurrencies that help in the functioning of the blockchain backbone of cryptocurrencies or digital currencies. They are the servers which are the key part of cryptocurrency transactions. Masternodes came into existence to ensure the privacy of cryptocurrencies but it can also be seen as an investment. A masternode is required to perform different tasks including carrying out transactions. To set up a masternode, certain criteria needs to be met which could vary from blockchain to blockchain.

Over 400 cryptocurrencies are using masternodes today. The first and probably still the best-known masternode coin is Dash, the same Masternodes were developed to perform highly intense functions that included instant transactions. Dash used the masternode and used their instantsend feature and reduced the typical transfer time of 10 minutes block time to almost 2 seconds of instantsend. Masternodes also introduced the concept of governance through decentralization.

Shared Masternodes:
Masternode setup requires a large sum of currency and not everyone has it lying around. This might be a turnoff for certain people. But every problem rises with a solution. The concept of shared masternodes was introduced for situations like these. One has to invest a fraction of the collateral amount needed to deploy a Masternode and he’s good to go. The rewards generated would be proportional to the investment. The shares can be auctioned and sold at any time.
Quaestor coin also has introduced the concept of shared masternodes. A full masternode requires 2,000 coins but within the Clickit programming, they have made it possible to own as little as 1% of a masternode making QST a very interesting investment possibility. Buying 20 coins is certainly a lot easier than 2,000, and your return remains proportionately to the same amount.

Masternode Services:
Setting a masternode up and using it could be a complicated process and requires technical knowledge. This is changing as companies are looking for better ways to work on masternodes. Quaestor Solutions has built a software solution that makes masternodes available to anyone who has a computer and the possibility to buy some cryptocurrency of the Masternode Coins variety. Their ClickIt service makes the whole process of setting up a masternode and deploying it quite simple. ClickIt, as suggested by the name, is one click to your own Masternode. The developers have put in diligent work and developed a system that lets the user own an already set up Masternode, one click to simply deploy or create Masternode.
 
Clickit can be used for Polis and QST, though in choosing your coin, you should carefully study a few vital elements. The first thing most people look at is the annual ROI (Return On Investment) though there are other factors that are far more important. These include the daily turnover, the development of the price, and what the plans for the coin is (known as White Paper) to mention a few. Quaestor Solutions have looked into these themselves and are currently providing detailed instructions for Polis in addition to their own Quaestor Coin (QST) making affordable investments.
 
One masternode setup is required for each of the set numbers of coins, but each wallet on your computer can be set up with as many masternodes as you wish.
 
Clickit has made the process easier for even an amateur. Any global crypto user can set up as many Masternodes as he desires. Clickit service will be available whenever a new Masternode is desired.


For now, Clickit is available for currencies including Polis Coin & Quaestor Coin. These are the most affordable Masternodes to own and they have a lot of potential to grow exponentially in upcoming years.