Projects using masternodes in different ways from Dash?

[KingCaper]

Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

[stonehedge]

Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Spreadcoin intends to use the concept of masternodes to provide decentralised applications and services.  The first service to go live is based on PoBN (Proof of Bitcoin Node) where a Spreadcoin Servicenode owner would be paid 30% of SPR mining rewards in return for running a full bitcoin node. 

Spreadcoin was originally a Darkcoin fork but the masternode part of the code has been totally rewritten to form the new servicenode concept.

Other services beyond providing support to the bitcoin network will follow including decentralised exchange.

[coins101]

Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Spreadcoin intends to use the concept of masternodes to provide decentralised applications and services.  The first service to go live is based on PoBN (Proof of Bitcoin Node) where a Spreadcoin Servicenode owner would be paid 30% of SPR mining rewards in return for running a full bitcoin node. 

Spreadcoin was originally a Darkcoin fork but the masternode part of the code has been totally rewritten to form the new servicenode concept.

Other services beyond providing support to the bitcoin network will follow including decentralised exchange.

+101

Dash is focusing very carefully on being a currency first and foremost.

That means that other uses of masternodes are being explored all over the place. Some projects are scams, some are stupid and some are very innovative.

Spreadcoin is making slow and steady progress towards its road map goals. So there is no cheerleader campaign aimed at pumping the price, just a focus on creating services people would want to use but in a decentralized way.

[KingCaper]

Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Spreadcoin intends to use the concept of masternodes to provide decentralised applications and services.  The first service to go live is based on PoBN (Proof of Bitcoin Node) where a Spreadcoin Servicenode owner would be paid 30% of SPR mining rewards in return for running a full bitcoin node. 

Spreadcoin was originally a Darkcoin fork but the masternode part of the code has been totally rewritten to form the new servicenode concept.

Other services beyond providing support to the bitcoin network will follow including decentralised exchange.

+101

Dash is focusing very carefully on being a currency first and foremost.

That means that other uses of masternodes are being explored all over the place. Some projects are scams, some are stupid and some are very innovative.

Spreadcoin is making slow and steady progress towards its road map goals. So there is no cheerleader campaign aimed at pumping the price, just a focus on creating services people would want to use but in a decentralized way.

Thanks for the answers guys, from the looks of things Spreadcoin's the only project doing their own thing with them. I'll have to have a proper look at it.

[stonehedge]

Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Spreadcoin intends to use the concept of masternodes to provide decentralised applications and services.  The first service to go live is based on PoBN (Proof of Bitcoin Node) where a Spreadcoin Servicenode owner would be paid 30% of SPR mining rewards in return for running a full bitcoin node.  

Spreadcoin was originally a Darkcoin fork but the masternode part of the code has been totally rewritten to form the new servicenode concept.

Other services beyond providing support to the bitcoin network will follow including decentralised exchange.

+101

Dash is focusing very carefully on being a currency first and foremost.

That means that other uses of masternodes are being explored all over the place. Some projects are scams, some are stupid and some are very innovative.

Spreadcoin is making slow and steady progress towards its road map goals. So there is no cheerleader campaign aimed at pumping the price, just a focus on creating services people would want to use but in a decentralized way.

Thanks for the answers guys, from the looks of things Spreadcoin's the only project doing their own thing with them. I'll have to have a proper look at it.

The Spreadcoin dev will be releasing a whitepaper in the next few days but by all means please drop by the thread and say hello in the meantime.

[iGotSpots]

GorillaBucks uses One Click Masternodes (GorillaBands) very successfully for PoS on a 50/50 split with stakers. They are very cheap and many have been up for a long time with no problems

http://www.GorillaStake.com has info, links, and video tips for staking and running nodes

[gjhiggins]

Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Bitcredits has bank nodes, heading towards insurance and loans, etc:

https://bitcointalk.org/index.php?topic=896133.0


Cheers

Graham

[stonehedge]

Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Bitcredits has bank nodes, heading towards insurance and loans, etc:

https://bitcointalk.org/index.php?topic=896133.0


Cheers

Graham

I didn't know about this.  Solid concept, must read more.