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Title: what is masternode reword ? Post by: madarahal on December 04, 2017, 04:11:02 PM what is masternode reword and how i can get from proof of stake coins any one can help me with answer ?
Title: Re: what is masternode reword ? Post by: Rodrigo Santos on December 04, 2017, 04:18:55 PM Masternodes primary function is to relay transactions across the network.
Additionally they carry out the anonymization of funds and enable double-spend-proof transactions through instant lockdowns. In return for providing these services, one Masternode is selected by the network to receive a part of the reward of each mined block. Title: Re: what is masternode reword ? Post by: ZCoinTalk on December 04, 2017, 04:21:31 PM You can run your own Masternode 24/7 and you will get a reward for keeping it online. I'm running one for the Desire (https://bitcointalk.org/index.php?topic=2272607.0)coin.
It requires some technical knowledge to set up. The most stable way is to run a Linux VPS. I can recommend Time4VPS (https://billing.time4vps.eu/?affid=2365). Proof of Stake is what you get for keeping coins in your wallet and keeping the wallet application open. I'm doing that with the Phore (https://bitcointalk.org/index.php?topic=2307909.0) coin. Title: Re: what is masternode reword ? Post by: Knightly on December 04, 2017, 09:22:22 PM Masternodes primary function is to relay transactions across the network. Additionally they carry out the anonymization of funds and enable double-spend-proof transactions through instant lockdowns. In return for providing these services, one Masternode is selected by the network to receive a part of the reward of each mined block. Rodrigo summed it up beautifully above. There are a lot of websites out there which list what masternode coins there are, including their return on investment (ROI). https://masternodes.pro/ is an interesting one, but be aware that they don't list ALL masternode coins, only ones registered to that site. Personally, I have a Solaris masternode and as also mentioned in this post, they can be technical to set up (luckily I had help!). Good luck out there. -Knightly |