9 masternodes went online yesterday, but the first auction of MN's is today?
This is what happens sometimes.
At times owners build their systems before everyone is able to even collect enough coin to start themselves.
We will watch the progress here, seems interesting.
#crysx
It's a big red flag in my book. If you check the block explorer, they all came online at about the same time. That first MN was giving insane payment of 99 coins every single block. All the other payments have been 39 coins. Some obvious funny business from the team on this.
The first auction winners should always be the first people to put masternodes on the network. They are the brave/crazy/stupid people putting large amount of money in a new project without much assurance of it not being a scam. They should be at least confident that they will have the very first masternodes running on the network.
Was wondering about this. I mean someone is paying 2BTC to get a masternode for a coin that isn't even listed on any exchanges. That's a huge risk but there are people with deep BTC pockets that have loads of BTC before it was even $10 a coin.
I hope for all those that are involved that this is a success. Still it appears masternodes now go from just mining of the coin and buying the coin ( later creating a masternode) to just autioning off masternodes to the highest bidder.
I watched the masternode auction for POLIS coin a ways a few weeks back and was amazed at how fast the process was. I mean they still had the Dash logo symbol on the wallet and I thought wow that's pretty rough going but it seemed to take off within a week and so did the price. The price has crashed to half and well there was an exchange that went down etc etc but yeah these new "masternodes" on a whole other different playing field.
I wanted to get one myself but it seems way too risky and I'm not a seasoned miner so I wouldn't even be able to know what to look for if something wasn't working properly.
