MASTERNODES PART III
MARKEducation: How To Create Masternode Rewards
How To Create Masternode Rewardshttps://www.mark-mining.comWhy 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)
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