Not every coin have masternodes.
Masternode is full netwok node with some amount of coins on balance, it also can confirm blocks in chain
Topic: What is masternode - page 2. (Read 292 times)
As far as I know, masternode is an electronic money that works by connecting software on a peer-to-peer basis and without a server, so data on transactions is cloned and synchronized across the network. So if one or more machines are down or shut down, the network is functioning normally
Try go to this thread How to earn PASSIVE INCOME with MASTERNODES OP on that thread explain what is masternodes and some reply have a good information about it.
so do every cryptocurrency have their masternode??
No, try check this site https://masternodes.pro Hello. I have been searching for masternode. Can anyone tell me what is masternode and how can we earn from them ??
I have not yet search any information regarding masternode but the link below is very informative. I find masternode as a great investment in the future.
link : https://coinsutra.com/masternodes/
so do every cryptocurrency have their masternode??
A node is a node that runs the same wallet device on a blockchain, aiming to provide extra services to the network. These services include:
- Anonymization increases transaction privacy
- Instant transactions
- Decentralized control
- Decentralized budgeting system
- Proposals and voting systems are unchanged.
Conditions to be a Masternode?
Generally, to build a Masternode required some coins as collateral, eg XIOS required 1000XIOS coin which you must transfer to address masternode you will make. you do not have to worry because the coin is still in your wallet so you can still control the coin. If your coin takes auto masternode will not run.
- Anonymization increases transaction privacy
- Instant transactions
- Decentralized control
- Decentralized budgeting system
- Proposals and voting systems are unchanged.
Conditions to be a Masternode?
Generally, to build a Masternode required some coins as collateral, eg XIOS required 1000XIOS coin which you must transfer to address masternode you will make. you do not have to worry because the coin is still in your wallet so you can still control the coin. If your coin takes auto masternode will not run.
Simply, a masternode is a server connected to the network which guarantees a certain minimum level of performance and functionality to perform certain tasks related to PrivateSend and InstantSend, as the anonymity and instant transaction features in Dash are called.
Hello. I have been searching for masternode. Can anyone tell me what is masternode and how can we earn from them ??
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