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Author Topic: [ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, GoByte Pay  (Read 54658 times)
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CoinStalker
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December 06, 2017, 12:23:35 PM
 #521

Gobyte is going to the moon on Cryptopia right now  Cheesy

I Said before.. I will hit 500k sats in two weeks. keep your eyes open. Masternoeds still profitable.
Still?? )) MNs are profitable as never before!

It was over 50 gbx daily income for one MN when i wrote "it is profitable" first. Now daily income 25 gbx approx. as you know MN  counts more and more.  But price goes to moon. Who knows what happens in future, but for investors Gobyte is shining star  unobserved by crowd Cheesy

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December 06, 2017, 02:41:40 PM
 #522

Who can explain in detail to me what is Masternode?

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December 06, 2017, 02:45:26 PM
 #523

Who can explain in detail to me what is Masternode?
Quote
What is a masternode?

A masternode is a combination of

    A masternode operator, this tends to be a human being
    Collatera or a bond held in a cryptocurrency which has masternode functionality
    A server used as part of the decentralized infrastructure of a cryptocurrency
    Masternode rewards, these are the incentives for which masternode operators create a masternode.

The term masternode was first used to describe Dash masternodes, these provided instant send and private send services. The concept of servers providing services to a cryptocurrency network has expanded and these servers are not always referred to in the same way. They could also be typically called nodes.

In this article the term masternodes describes any cryptocurrency which allows the decentralised use of servers, which can generate an income to the owner.

Why do masternodes need a collateral to be created?

Masternodes process transactions on a network, the data passing through this network is encrypted, however there is still room for masternodes to act maliciously. Masternode operators with skin in the game, (the bond) have an incentive to play by the rules.

Masternodes are also called Bonded Validator Systems.

What is a server and why does a masternode need one?

A server is simply a computer connected to a network which provides certain services. Masternodes can be installed on three types of setups.

    On a home computer. This computer needs to remain online 24/7
    Setup on a self-hire server such as : Blue Host
    Using a masternode hosting services such as Dash Nodes [AFFILIATE] or NodeShare

What does a masternode do?

These are some examples of cryptocurrency masternode services and which currency use them.

Privacy related functions
Zcoin, Pivx, Dash,, Monetary Unit

InstantSend
Dash, Crown, Monetary Unit

Hashing
Tierion (Lottery based system) (careful!)

Commerce services (not released as of 21/09/2017)
Syscoin

Cryptocurrency Exchange
BlockNet, Exscudo

Smart contracts
Syscoin, BosCoin

What are the requirements of to operate a masternode?

Each cryptocurrency has different requirements, in terms of bond and computing power of the server.

What is the ROI of a masternode?

The big question!

The ROI depends on the following

    The price at which the bond was bought
    The block reward or the incentive mechanism
    The number of masternodes operating
    The monetary cost to host masternodes
    The time needed ot host masternodes
    The Tax implications of masternode income
    The price at which the mined tokens are sold
    The final price at which the bond is sold

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December 06, 2017, 02:47:32 PM
 #524

The coin price is impressive, very high masternode reward.
But this makes it difficult to setup a new masternode, you need at least 1000 coins, which is about 20k dollar. That's too expensive.
And return 500$ a day ) After good news price will go higher and return also )
Yeah, everything looks good at the very first glance at the project and its basic statistics. Thanks.
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December 06, 2017, 03:23:38 PM
 #525

Who can explain in detail to me what is Masternode?

Masternode are 1000 coins that locked to maintain the network, in return you'll get 50% rewards from new block. 1 block 15 GBX, 7.5 goes to miners while the other half goes to masternode holder.

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December 06, 2017, 03:33:39 PM
 #526

https://masternodes.pro/stats/gbx


Even with the growing number of MNs we're keeping the daily rewards pretty stable, between 500 and 700  Cool
Impressive statistics for the very young coin. I am also look forward to seeing more updates from developers.

I'm after you, really glad that I bought this coin since earlier & keep holding (expanding my masternodes). Who know's GBX gonna hit $200 marks on Q2 next year. On a side note, I love how devs & community works together to reach this level.

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December 06, 2017, 03:45:41 PM
 #527

Who can explain in detail to me what is Masternode?

Masternode are 1000 coins that locked to maintain the network, in return you'll get 50% rewards from new block. 1 block 15 GBX, 7.5 goes to miners while the other half goes to masternode holder.

Oh it seems I understand a bit, so how long was my that 1000 coins locked?? Can I get out whenever I want?

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December 06, 2017, 03:48:43 PM
 #528

Yes, you can get your coin whenever you need, terms "locked" are used but actually only you can enable or disable your masternode.

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December 06, 2017, 03:51:13 PM
 #529

By the way, is there any GoByte HODL-er from Kuala Lumpur, Malaysia? Let's arrange a meet up & have a coffee session, I'm all free this Saturday so we can chit chat about crypto.

P/S : I'm new in crypto space, need to learn more.

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December 06, 2017, 03:53:07 PM
 #530

SIGNATURE CAMPAIGN

Starting from Monday 27th november, you can get GBX by using our signature on Bitcointalk forum. To be rewarded, some rules have to be respected :
- Post at least once a day.
- Your posts have to be constructive.
- You have to be a Jr. Member rank or higher.

The rewards will be sent every sunday starting on the 3th december. The signature campaign will end after one month.
The rewards will be distributed according to your rank :
- Jr Member 2 GBX per week
- Member 4 GBX per week
- Full Member 6 GBX per week
- Hero Member 7 GBX per week
- Legendary 8 GBX per week

To join the signature campaign please, fill this form and use the apropriate code below for your Bitcointalk signature https://docs.google.com/forms/d/1mTAAyll736RXKQ4BOPznkBW7VvYKJfNfdx98XzGarZk

For Jr. Member

Code:
[center][url=https://www.gobyte.network][b][font=Verdana][i]GoByte ►[/i][/font][/b][b]Neoscrypt ▓ Fast ▓ Secure ▓ Masternodes[/url][/center]

For Member and higher

Code:
[center][table][tr][td][size=24pt][b][url=https://www.gobyte.network][color=#0000cc][font=Verdana][i]GoByte ►[/i][/font][/color][/url][/b][/size][/td] [td][b][size=12pt][url=https://bitcointalk.org/index.php?topic=2442185][color=black][i]▀▀██ Neoscrypt ▓ Fast ▓ Secure ▓ Masternodes ██▀▀[/i][/color][/url][/size][/b]
[b] [url=https://bitcointalk.org/index.php?topic=2442185][size=10pt][i][color=red]Bitcointalk[/color][/i][/size][/url]  ●  [url=https://discord.gg/wAhvYKf][size=10pt][i][color=Teal]Community[/color][/i][/size][/url]  ●  [url=https://bitcointalk.org/index.php?topic=2442185][size=10pt][i][color=purple]Upcoming Payment Gateway[/color][/i][/size][/url][/b][/td][/tr][/table][/center]


We decided to cap the signature campaign to 100 * 100 slots filled. Congrats to the participants! The rewards will be paid every sunday

First signature campaign payments: done Download the spreadsheet
Round 2: Pending
Round 3: Pending
Round 4: Pending

This is confusing. Place only for first 100 participants and 100 slots filled, but here also written Round 2, Round 3, Round 4 pending.  Don't know if this means place for more here or not
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December 06, 2017, 03:55:03 PM
 #531

Why is the list of people participating in the signature campaign not public? Is there not so many people involved?

There are 100 participant for 1st signature campaign, you can check the full / detail list on discord. The higher your rank, the merrier your rewards.

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December 06, 2017, 04:01:07 PM
 #532

Yes, you can get your coin whenever you need, terms "locked" are used but actually only you can enable or disable your masternode.

oh I understand, thanks for your support

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December 06, 2017, 04:24:36 PM
 #533

Good afternoon!
I have been watching this project for some time. I consider it very promising! I think he will make a lot of noise in the cryptoworld!
Today I finally decided to join the subscription company. So take in your ranks a new member!

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December 06, 2017, 05:05:20 PM
 #534

I have a question: I'm just writing one article about the master craftsmen. I had an idea to refine a bit and try my hand at bounty for the articles. What other requirements are there? except for the specified? can be relative to the volume of the article or where is it necessary to put it? Tell me please!

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            Built F O R :    ❤ Charity Market    ⚫ ICO    ֆ CROWDFUNDING

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December 06, 2017, 05:11:29 PM
 #535

I participated in the signature campaign. Will I be in the top 100? Huh Huh
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December 06, 2017, 06:01:34 PM
 #536

Look there on the first page there is a file with the list of lucky beggars !!!

W12.io  ▬▬▬▬▬▬  Blockchain protocol                         
            Built F O R :    ❤ Charity Market    ⚫ ICO    ֆ CROWDFUNDING

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December 06, 2017, 07:16:18 PM
 #537

Look there on the first page there is a file with the list of lucky beggars !!!

no begging  here, working boy......like you Wink

but i do not deny , they paying royal ......

i hope i will be accepted again .....

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December 06, 2017, 07:49:01 PM
 #538

What's the best and profitable pool to mine this coin?

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December 06, 2017, 07:51:35 PM
 #539

What's the best and profitable pool to mine this coin?
just saw it on their twitter Smiley

http://www.zpool.ca/site/mining


https://twitter.com/gobytenetwork/status/938448328810930177

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December 06, 2017, 09:06:48 PM
 #540


I tried setting this up with zpool - but I can't seem to get it to work, am I setting this up wrong with ccminer?   

ccminer-x64 -a neoscrypt -o stratum+tcp://mine.zpool.ca:4233 -u GVQCi4u6ThzbN2KGvbEc15kcdbiQr9NnJw -p c= GBX

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