https://www.reddit.com/r/DiviProject/comments/715enn/read_first_all_you_need_to_know_about_divi_faq/What does DIVI Mean?
We originally took it from the word Divvy, which means “Divide up and Share.” It can also be an acronym for Decentralized Intuitive Value Initiative.
What is a Masternode?
A masternode is a program that’s on your computer, or on a cloud server you rent, that connects with other masternodes. It communicates continually with them and keeps a full copy of the Divi blockchain, constantly checking that it’s correct, and adding new blocks. By putting your coins into a masternode, you get rewarded with more newly created coins for helping to run the network.
How many DIVI are required for a Masternode?
Divi is the first to offer a 5 Tiered Masternode system. The levels of ownership are: 1000 Coins - Level 1: Copper 3000 Coins - Level 2: Silver +5% 10,000 Coins - Level 3: Gold +10% 30,000 Coins - Level 4: Platinum +15% 100,000 Coins - Level 5: Diamond + 20%
If I have 3000 DIVI, what’s better, 3 copper masternodes or 1 silver masternode?
A silver masternode requires the same number of coins as 3 coppers. But the chance to win a block award it 5% better. However, 3 silver masternodes gives you 3 chances to win the lottery blocks, compared with only one.
When do you estimate the alpha platform will be ready?
Although the protocol is currently under development and in pre-alpha state… we try not to speculate on the exact dates too much, as development can be pretty unpredictable. That being said, our roadmap is on track for a Q4 2017 alpha release.