How can i setup a masternode ?
Once we have made the transition to a X11 base, we will support masternodes on the network. Each masternode will require a 500 000 MUE collateral, but we will be offering shared masternodes as well, where each share will cost 10 000 MUE, but there will be a 10% hosting fee for the shares. Once we are ready to make the move, we will publish guides and requirements to setting up a masternode on the MonetaryUnit network. Right now they are not supported, but people are encouraged to buy MUE for a masternode share or perhaps to have the whole collateral themselves. |
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DASH is holding up extremely well and given the amount of other coins that have pumped then this legitimizes DASH's current, I think undervalued, price right now.
I see comments about DASH being expensive at $117 at the time of this post, but people just don't comprehend the total amount of coins in circulation.
ETH - 92 million
XRP - 38 BILLION
LTC - 51 million
NEM - 9 BILLION
DASH - 7.3 million
In perspective I think that the current prices are a bit on the low end. However, looking what awaits Dash down the road I'd wager that the current price levels are instead very low. If someone considers the current ~$120 prices to be high, well what if the prices is 2x, 3x, 5x, 10x in a year's time?  |
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While waiting for MUE to switch to X11 where can I Quark mine it in the meantime please?
You may use the official pools if you like, 0% mining fee: weminemue.com or pool.weminemue.com |
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You should inform yourself a bit more about Algorythm of coins before u buy something that will u only cost money.
Antminer S3 mines the SHA256 Algo.
MUE is qubit Quark and will switch to X11 Algo.
And i also think u dont have a low ROI with CPU mining MUE.
Fixed that  ANd yes, no sense in cpu mining, it isn't worth it other than for the learning experience. Thank you fellas, you're definitely helping to increase my knowledge on this subject. So essentially if I do research on how to mine Quark it will lead me down the right path for MUE? Yes, and the title of this thread is now misleading. Quark used to be a CPU mineable coin, but is now pretty much asic/fpg mineable only. Monetary Unit is moving to X11, if you would like to research how mining works, focus on X11 instead. Both require asics at this point. |
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You should inform yourself a bit more about Algorythm of coins before u buy something that will u only cost money.
Antminer S3 mines the SHA256 Algo.
MUE is qubit Quark and will switch to X11 Algo.
And i also think u dont have a low ROI with CPU mining MUE.
Fixed that ANd yes, no sense in cpu mining, it isn't worth it other than for the learning experience. |
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A nice interview Tao, with some 800 000 participants at these major flight shows it would be nice to get some attention around Dash - and spread the word on how Dash is digital cash. |
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I'm going to order some dash asics. Really good btc\eth competitor, I'm studying this coin now Good luck mate, they are just really hard to buy as the manufacturers have all sold out again, or at least they had last I checked. |
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Hello, I met the MUE a few days ago, and I am interested in the currency, I would like to know some more details about the currency, if anyone can inform me I am grateful.  1º The MUE will happen to be MUEX or I got it wrong, what is one and the other? MUE is the currency, the coin of the monetaryunit project. MUEX is a platform that will hold services and other projects related to MUE that provides use cases for MUE, and will help provide function and value to MUE. So, a coin is just a token like any other, but without places to use it, services to bring value, MUE would just be any other speculative asset. MUEX aims to provide an increased value to MUE, as well as other coins too, but the MUEX platform provides the best incentive to use MUE, thus creating more value to MUE.2º What is the time, what rules and how will I receive the 150% bonus of the initial MUEX balance? When trying the Forex site at MUEX, you need to make a deposit to your Forex account. If you make this deposit with MUE you will receive a 150% bonus to your deposit, up to 150€ I believe, and it gets placed in your tradings account that you can use for the Forex trading. You need to make 30 trades if I remember right, and then you can withdraw your funds. The bonus is yours and for you to keep.
3º What exactly is MUEX going to be? A platform for providing services for the crypto community, but where MUE gets the highest rewards or benefits. See the Forex services for instance.4º What is the time and how will the reward to MasterNode of 10k in the MUE? This is a misunderstanding. The coming MUE masternodes will require a collateral of 500 000 MUE per masternode. We will however, help the community and those who cannot provide the collateral for setting up a masternode themselves. We will be offering shares in a masternode, where each share costs 10 000 MUE. This share will allow you to get a small part of the payouts to the shared masternode. Your payouts will be in proportion to the amount of shares you have. So 1 share, 10 000 / 500 000, would allow you to get 1/50 of the payouts that this masternode receives (the payout is 18MUE when the masternode is rewarded, your share = 0.02 * 18 = 0,36 MUE / payment)). The fee for participating in the shared service is 10% of the payouts.5º Can I have more than 1 MasterNode of 10k in the MUE? Yes, you can buy more shares if you like.6º I have some MUE in Yobit and I can not withdraw because the wallet is under maintenance, is there any forecast for this problem? Yobit is a trash exchange and they have not updated/maintained their wallet for whatever reason. The Monetaryunit foundation does not support Yobit and we encourage all users to write to the Yobit support to get their coins off the exchange. Your best option is to try to sell the coins and move your funds off that exchange. The MUE team has tried for more than a year to help Yobit and their wallet issues, but without success. Thank you in advance. Note: I do not speak English, I use google translator. |
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This is a beta testing wallet, for which you need to come join the slack channel, to play around with it. We will send you some testing coins for the beta network. It is NOT COMPATIBLE with the current MUE/Quark based chains and live network. For now you may use it to try sending coins to a shared masternode service, mixing/privatesend and instant transactions. We have not released the source yet so it is not possible to setup your own masternodes on the beta network just yet. We will allow that soon. When we are ready we will provide documentation and guides as well. This all said, please come visit the slack channel and participate in the beta testing!
Please join us in Slack https://mueslack.herokuapp.com/
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Might have missed it, but why the migration to X11 is necessary?
Hi, it's part of the migration to the Dash codebase. Access to X11 mining equipment is going to continue to improve, and it soon may be that specialist mining equipment for Quark no longer exists, leaving those with access to it potentially in total control of the Quark networks, while others have to rely on GPU. We have to consider the security of the network from the POW perspective, and acquiring hardware & renting hash for X11 is very easy. Your point is true BizzyB, there is far more hashing available for rental or purchase compared to Quark. This said, the more hashing strengthens the network and can help the MUE ecosystem grow, even if the X11 algorithm uses more wattage per mined block then compared to Quark. |
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There are some who like to come in this thread and promote other coins and technologies, and some just like to tell the world how bad Dash apparently is for mankind. However many posts some people make, there are also many happy believers in what Dash has provided so far as well as where it will go in the future. It can be hard to understand some of the trolling motives, although when the trolling takes off, the price of Dash usually is on a bull run. It has become a good indicator, as the trollers flock into the Dash thread, that the price is moving on up |
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The testing is going pretty good, the shared masternode service works nicely and keeps the payouts coming.
For those who do not want to setup a masternode themselves later on, the shared masternode service is pretty slick and user friendly!
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How much % of block rewards will get MN owners get? Just asking, i don't have 500k MUE A masternode will be paid 45% of the block reward for its services for the network, so 45% * 40 = 18 MUE. Additionally, MUE will offer a shared masternode service where members can take part in earning some income on the size of their share in the masternode. So, even small holders can participate, although at this point they cannot vote as a fully controlled masternode can. |
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A nice interview bizzyb, thanks for the openness and providing more information to the MUE community! |
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Which pool are you guys mining MUE at or recommend mining?
https://pool.weminemue.com, 0% fee as this is one of the MUE official pools, but feel free to use any of your liking! |
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I have heard that PiVx is going over take Dash is that true ?
I have heard that anyone mentioning that P word here is getting paid 1 Dash, is that true ?  lease? lol, have a great day guys! |
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Mastertrader should be noobtrader. He claims he owns the market. If thats true prove it and put price to 0.0345. He claims being behind market moves in a similar way to I can claim I can make the sun rise tomorrow morning.
LOL, yeah he has been promising me 0.0345 for a while now. Told him to send me a PM and I would buy a Few nodes, but nothing. I'll up it to 0.0420! PM me bro Mastertrader777, with the help of Walter_S, volyova and HR, could put price to 0.02. Do not underestimate themI own quite a few masternodes thanks, and I'm not a trader. You seem to think I have bad intentions for my significant investment? Walter You do a great deal of good for Dash Walter, I wouldn't pay too much attention to the noobs popping in and posting. I too was surprised by that comment. |
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1. What is ROI of masternode?
2. What is masternode earning calculation formula?
3. Is there masternode stats page?
4. How many masternodes exist?
We haven't moved to the x11 chain yet nov, so no masternodes. please wait until we announce the coming swap. Masternodes get 45% of the block rewards. |
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Is mue the best masternode coin? can someone explain masternode why is it good?
Dash came up with the masternode concept and MUE will be implementing the same ideas - Here's more information on masternodes and what they are good for: https://www.dash.org/masternodes2/Okay, but apart from the dash there are more coins with a set of interesting features. For example sibcoin. That's great, but what makes sibcoin special? It has the same feature set as Dash, but other than that, does it have anything else? |
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