Bitcoin Forum

SNODE.CO is a service that provide shared and dedicated masternode solution. Instead of holding your coin until it reaches a higher price, putting your money into a masternode is an efficient solution to make use of your resources. Furthermore, parallel with blockchain, masternode is definitely the future of cryptocurrency.


FAQ

What is a masternode?

Masternodes are dedicated servers on the internet that enable instant transactions and perform the trustless anonymization of users' funds. They usually get the majority of the rewards per block for this task.

Masternodes are essentially addresses with a lot of coins in them that are not moved for extended periods of time. They help in securing the whole network and help stabilize the price of the coin somewhat, by taking large number of coins out of circulation.


What is a shared masternode?

A: To make a masternode, it takes a lot of coins that are worth a lot of money, and not everyone can afford it. Others don’t want to deposit sufficient funds into just one coin (they’d rather spread their investment across multiple coins). To get around this, people come together and pool their coins, with each taking part of the reward. This is known as a shared masternode or shared community masternode.


How does your shared masternode work?

The total number of coins needed for a masternode is divided equally into a certain number of shares, and people can essentially buy those shares to take part in a masternode. A person can buy all shares and get a dedicated masternode for himself.

When all the shares are filled, the masternode is started.

The masternode will be start automatically as soon ass all the shares are filled. And the rewards gained by the masternode will be sent to shareholders daily/weekly (depends on reward interval of the masternode).

If a shareholder asks for a withdrawal by following the withdrawal rules, then their coins are returned to them and a new person is recruited to take their seat. If the search for a new person proves unsuccessful, then the masternode will be dismantled and every seat holder will receive their coins back.

SNODE takes deposit and reward fees for its efforts for starting, securing and running the masternode for the pre-specified period of time.

More questions? please visit our FAQ page: https://snode.co/faq (https://snode.co/faq)



Terms of service

Please take a look at our terms of service at https://snode.co/terms-of-service (https://snode.co/terms-of-service)



Features

- Masternode coins overview Snode provides user with an overview of coins that support masternodes, and their detail profit breakdown.

- Reserving a share Users can reserve as many shares as they wish. When a masternode is filled up all shares, Snode will active that masternode and start sending rewards to its shareholders periodically.

- Cancelling a share Snode allows user to cancel their share with a notice of 72 hours in advance. We use that time to find a replacement for that slot.

- Polling Snode allows it user to vote for next coin to be supported, via official Discord channels.

- Referral Program User earn credits when they refer new user to the system. The usage of credits will be announce in second stage.

- And many more is coming


Supported Coins
- ARGO https://bitcointalk.org/index.php?topic=2834315.0
- QBIC https://bitcointalk.org/index.php?topic=2737347.0
- SAGA https://bitcointalk.org/index.php?topic=2518157.0
- POLIS https://bitcointalk.org/index.php?topic=2627897.0
- STIPEND https://bitcointalk.org/index.php?topic=2918634.0
- APOLLON https://bitcointalk.org/index.php?topic=3058895.0
- MRJA https://bitcointalk.org/index.php?topic=2144531.0


- And many more is coming




Making profit with us

SNODE.CO helps you take advantage of your cryptocurrency resources to earn rewards and interest with simple steps

• Select the potential coin (high interest with the possibility of the price rising in the future)
• Deposit the coin into your masternode wallet (provided by our service)
• Receive interest and rewards daily or weekly

Links

Website: https://snode.co (https://snode.co)
Service: https://app.snode.co (https://app.snode.co)
Twitter: https://twitter.com/snode_co (https://twitter.com/snode_co)
Discord: https://discord.gg/UJc5T5H (https://discord.gg/UJc5T5H)
Facebook: https://fb.me/snodeco (https://fb.me/snodeco)

- Referral bonus: after lot of promises, referral bonus has come in town. When you refer a friend to use our system, we will give you a referral commission bonus of 20% of the fee we collect from their reward. This is a significant amount you can make with us, considering the rewards will be collected daily. To prevent sending dust, we limit the lower amount of  bonus withdrawal to 1: you can withdraw when your amount of bonus is greater than 1.

Want to reserve for Russian Translation, here's my details :

Portfolio: https://docs.google.com/spreadsheets/d/1Aoa6zXqX1Lihrn2PNZu667_RcxjhXuJDEj5lUxsTIn8
USERNAME : nev1d
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1933467
LANGUAGE : Russian
ETH: 0x481DF1F28D3F41253A5EF7fEA74531c6C2eA19d3
Telegram: @nev1d
Mail: daniil.nikonyuk@mail.ru

Want to translate: All

Good project! But what does the project do to ensure that investments will be returned to members upon expiration or to stop the project?
Thanks

Hello

Thank you for being interested in our service. That's very good question indeed. Trust has to be earned from both our service and our investors. Our commitment is having the service running as long as there are still investors putting their coin in our service. Even in the case that there is no investment from our user, it costs us almost nothing to maintain the service. So there is no reason for us to stop the project.

In the second phase of this project, we will have an insurance service running on smart contract to ensure that every coin user put in will have a backing collateral in the blockchain. Of course, that would take a little fee from users if they choose to have the insurance for their investment, but the investors can rest assured that they will not lose their coin.

Feel free to let us know if you have any concern, and stay tuned for the update!

Joined this service - looks promising. Also sent some Argo coins for a test, everything working fine. Collateral for masternode is not collected yet, but we have a good progress.

It looks like a nice service. But reliability is very important.

Hi, thanks for your interest in our service. We completely agree with you reliability is the most important factor in this business. With more than 20 MNs up and running at snode for variety of coins, we are trying to provide a fully automated and transparent service for our users. In next phase of project, more cool features will roll out to improve user experience and build up trust between users and our services. In the mean time, we are adding more and more coins for the system.

Stay tuned for update!

Hello,

I am interested in your service, which I believe has great potential.

What concerns me is I am unable to identify you as an individual or team, who owns the operation, what are your your backgrounds. It always unsettles me when I am unable to carry out due diligence. I did run a whois of your website domain but all the information that would identify an individual or ownership has been made private, that to me can often be a RED FLAG. Are there particular reasons that you have not identified yourself/team/ownership structure in any of your comms/social channels or have I totally missed that information?

Hello lalastorm,

Thanks for your interest in our service.

Your concern is absolutely reasonable. Credibility is extremely crucial in this market. We are step by step building trust with our investors, by providing them a great service. We have been running for a while, and got quite a few satisfied users. Why don't you join our community at on discord at https://discord.gg/UJc5T5H Then you can ask people about our services and our credibility.

We are a Swiss based startup, with developers background vary from distributed system, devops to web developer. We have our development team in Ticino, Switzerland, and support team from Ho Chi Minh city, Vietnam. However team members are not disclosed since we are currently running masternodes, we want to avoid any sensitive data to be stolen or hacked. We are having discussions with some escrow services that will provide an insurance options for investors. When that program is released, investor won't need to worry about our identities.

Cheers,

It isn’t only a wish but it’s a reality for new beginning of blockchain’s project

I can see the progress of the day. Sometimes it's entering a new token. I want to see those of a lot better tokens. If a good token is entered, its improvements can not be prevented.

Interesting concept but somehow your whole website strikes me as a typical HYIP. Do you provide any proof of setting those nodes up? How can you pay 20% Referral Commission?

Hi @boederzeng

Thanks for your interest in our service.

First, why don't you register an account and take a look at our web portal. You can at least have some idea how we work there.

Feel uncertainty? Just join our Discord community at https://discordapp.com/invite/UJc5T5H. You can also ask more than 500 users there about their experience with us. I bet you can't find a negative comment. Note that we don't run our service on discord, thus our web's user based is much bigger than number of people in that place, but that is the channel where we keep in touch with our community. To make it to be interesting, we also have our bots to stream certain information to channels, for instance: daily payment event, masternodes up and run, etc.


When you put your investment on a masternode, you will receive all details that one would need to track: collateral wallet, node ip, number of participants, etc. Everyday you will also receive our daily payment report.

Cheers,

Snode Support

Ah, forgot to talk about Referral bonus. That's a good question.

For every user you refer to our system, you will receive a referral bonus of 20% the fee we collect from them. How's that actually work.

Consider this scenario: you refer your friend to our system, and your friend decides to put his investment in our service. Let's say he invests in a dedicated masternode of coin ABC, which worth 10000 ABC coin, equivalent to $3000.

When it's up, that masternode could generate 500 ABC coin a day, which worth 150$.

What we charge is the the actual generated coin. So we will take a small percentage of that 500 ABC. (4% at the moment)

What your friend receive everyday is : 500 x 96% (we take 4%) = 480 ABC ~$144
What we charge from your friend is : 500 x 4% = 20 ABC ~ 6$
What we give you is: 20 ABC x 20% = 4 ABC.

You can withdraw those 4 ABC anytime you want, and exchange for BTC or USD or whatever you want, on Exchanges.

So that's how it works. I hope that could answer your question.

Thanks

So you pay refferer with specific coin that our refferal deposit and earn from. so if they deposit and earn 10 type of coin so do we?

Another question
1. Is any additional rule to withdraw those bonus? Do we need to have an active deposit or something like that?
2. Could we refer to ourself?

The project is promising but the security issue is guaranteed ? , I find the project quite practical for investors, hope the project will develop well

Yes, we pay you the coin that your referrers get. If they get 10 types of coin. So do you.
We don't have any limit regarding to withdrawal. You don't need to send in any coin.
No, please dont refer yourself. We are very strict about referring oneself. If we find someone referring themselves, we will have to deactivate one of the accounts.

Thanks

Of course security is our main concern. We are taking this seriously. For now we have more than 1500 users, and all the coins are safe.

"Enter your email and we send you a reset link." I don't get email with forgotten password request.

this is a trusted place?

If you have problems with the synchronization of the wallet,
Open your wallet configuration file then addnodes and restart wallet

addnode=51.15.231.79
addnode=51.158.70.229
addnode=51.158.76.73
addnode=51.158.64.246
addnode=51.15.207.32
addnode=51.15.112.87
addnode=51.15.96.177
addnode=51.15.37.133
addnode=51.15.98.254
addnode=51.15.127.79

Great project, I just saw it was launched at CB. Hoping to get some cheap SND now ;)

SnodeCoin SND is now added on Blockfolio (great portfolio application for iOS and Android). 

So now you can add your SnodeCoin holdings and start using Blockfolio if you miss a portfolio app for your altcoins -> https://blockfolio.com/

Not the most flexible application, it's difficult to set up on other exchange, I use BitUniverse. But this does not change the essence, it would be better if I did not see what happens to this coin  ;D
 

new coin launched masternode price 10k
https://discord.gg/2sFycC8 (https://discord.gg/2sFycC8)