Title: MARKEducation: MASTERNODES PART III How To Create Masternode Rewards Post by: MARKCoinNetwork on October 20, 2018, 11:46:43 PM https://preview.ibb.co/jJDK5f/markmining-masternodes-social-media-posting-3.jpg (https://ibb.co/eu9sQf)
MASTERNODES PART III MARKEducation: How To Create Masternode Rewards How To Create Masternode Rewards https://www.mark-mining.com Why should I run a Masternode? Besides the coin rewards that you get from running a Masternode, here are more reasons why you should consider a Masternode: • It increases the privacy of the transactions • It enables instant transactions • It allows the user to take part in governance as well as voting • It enables the treasury and budgeting system in cryptocurrencies. While all Masternodes can do the above tasks, performance may slightly vary from one digital asset to the other based on how a Masternode has been implemented in a particular cryptocurrency. How much do Masternodes reward? The Masternode enables you to receive rewards from participating in network maintenance functions. However, there is no one-size-fits-all response on how much the Masternodes reward. Generally, it would depend on the following factors: • The coin that you select to set-up a Masternode • The party responsible for setting the coin rewards • The market value of a coin in the future For instance, running a Masternode for Dash is likely to earn you a reward of about 45% on every block, while miners get 55% which is split to all Masternodes. According to the Dash website that translates to 2 Dash every week. Per year, you end up with about 11% for your 1,000 Dash, all factors held constant. Author Toni Tiger (TokenBit) #sharedmasternodes #pos #pow #proofofstake #proofofwork #markmining #masternode #nodes #mining #blockchain #marknetwork #markswap #pivx #dash #bitcoin #btc #zcash #masternodes #rewards |