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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Triffin on February 14, 2015, 04:40:06 PM



Title: "Decentralized MasterNode Network" AltCoin Investment Thesis 2015
Post by: Triffin on February 14, 2015, 04:40:06 PM
Maybe it's just me but I sense that this may be the 2015 AltCoin Investment Thesis ..

The two primary examples are

Dark Coin DRK 
Spread Coin SPR

Expect other devs to add
"Decentralized Masternode Network"
to existing or "new" coins going forward ..

The "investor/trader/community" seems to want coins that offer an
income proposition beyond POW ( mining ) ..

Last year it was POW/POS hybrid coins ..
This year it will be implementation of
"Decentralized Masternode Network" coins ..

Please post particulars here as they occur ..
It will facilitate everyone's ability to be aware of future developments ..

Triff ..


Title: Re: "Decentralized MasterNode Network" AltCoin Investment Thesis 2015
Post by: Triffin on February 14, 2015, 09:25:43 PM
Setting up DRK Master Nodes ..

First you'll need to buy/mine 1000 DRK ~$3,000.00 to buy

Here's a rough calculation of DRK Master Node income potential ..


Masternode revenue calculation. (EDIT: are we at 37,5% already?)

 There are 576 blocks mined per day. Each block rewards a minimum of 5 DRKs (probably will never go up)
 Right now, MN's earn 35% of each block, so from those 5 DRKs = 3,25 go to miners + 1,75 to MN's

 576 blocks per day, so each day (576*5 = 2880 * 0,35) = 1008 DRK for MN's.

 There are currently around 1917 active masternodes according to QT (probably more, many people updating)

 So 1008 DRK / 1917 MN = 0,582 DRK per node, per day... but you only get payed in blocks of 1,75 DRKs.
 So you can expect (1,75 / 0,5852 ) one payment of 1,75 DRK every 2,99 days.

 This is right now, but soon the MN cut will increase. So please feel free to recalculate these values based on number of active MN and the following roadmap

https://i.imgur.com/qeCTofl.png
 

A couple of folks offer DRK Master Node set up services and/or tutorials

https://darkcointalk.org/threads/taos-masternode-setup-guide-for-dummies.2680/

and here ..

https://darkcointalk.org/threads/yidakees-helpdesk-masternode-setup-services-ghostplayer-on-bitcointalk.1633/

and VULTR VPS Guide/tutorial

https://darkcointalk.org/threads/complete-masternode-guide-windows-local-linux-remote-vultr.1367/

Though I'm not aware of anyone doing/offering this yet, there's also the possibility of investing in fractional
ownership interests in DRK Master Nodes ..
Sounds like something for the NXT Asset Exchange.. ;D

Triff ..


Title: Re: "Decentralized MasterNode Network" AltCoin Investment Thesis 2015
Post by: tacotime on February 14, 2015, 09:31:00 PM
Yes. Be sure to set them up on VPSs for maximum security.