Bitcoin Forum
September 25, 2018, 10:15:40 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What different between Staking and Masternode  (Read 69 times)
lehang
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
March 17, 2018, 05:49:50 AM
 #1

Can someone tell me the different between Staking and Masternode? I see all of them are the form of paying interest every day or month, but I don't understand clearly how different their intrinsic nature
1537870540
Hero Member
*
Offline Offline

Posts: 1537870540

View Profile Personal Message (Offline)

Ignore
1537870540
Reply with quote  #2

1537870540
Report to moderator
1537870540
Hero Member
*
Offline Offline

Posts: 1537870540

View Profile Personal Message (Offline)

Ignore
1537870540
Reply with quote  #2

1537870540
Report to moderator
1537870540
Hero Member
*
Offline Offline

Posts: 1537870540

View Profile Personal Message (Offline)

Ignore
1537870540
Reply with quote  #2

1537870540
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537870540
Hero Member
*
Offline Offline

Posts: 1537870540

View Profile Personal Message (Offline)

Ignore
1537870540
Reply with quote  #2

1537870540
Report to moderator
1537870540
Hero Member
*
Offline Offline

Posts: 1537870540

View Profile Personal Message (Offline)

Ignore
1537870540
Reply with quote  #2

1537870540
Report to moderator
LexLuther
Jr. Member
*
Offline Offline

Activity: 42
Merit: 2


View Profile
March 17, 2018, 06:23:01 AM
 #2

I am interested in this as well.  It seems like the barrier to entry with staking is much smaller than with a MN.  The other thing I have gathered is that staking lends towards more decentralization vs MN's because of the high amounts required tend towards more centralized holdings.

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Bounty]✅[Airdrop]✈✈✈ (https://privcy.io/)
lehang
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
March 17, 2018, 07:25:51 AM
 #3

I am interested in this as well.  It seems like the barrier to entry with staking is much smaller than with a MN.  The other thing I have gathered is that staking lends towards more decentralization vs MN's because of the high amounts required tend towards more centralized holdings.

Thanks for your comment. You mean that the coins must have to participate Staking is less than Masternode. Is that right?
staking.com
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
May 17, 2018, 09:31:27 AM
 #4

Well, the most obvious one is the price. Its more expensive to become a Masternode but also the passive income is bigger. Other differences depend on the token itself. Most of the time there's a lot of information regarding the rewards and conditions in the whitepaper or the Website/Telegram/Discord of the Coin/Token. Another difference is the thing that for most Masternodes you need to be only 24/7 or at least 98-99% of the time or you will no longer receive rewards and will have to do some steps to reestablish your Masternode. So in that light, its more committing to be a Mastenode than to be just a staker. Another benefit of being a Masternode is that in most cases you can cast votes and make decisions regarding the future of the coin/token.
Hope this helps ! If you have any other questions feel free to ask !
katelynsk
Member
**
Offline Offline

Activity: 78
Merit: 11


View Profile
May 17, 2018, 08:35:26 PM
 #5

Both of them are ways of passive income in cryptocurrencies. Both need to lock some number of tokens on their wallets.

Masternodes verify all transactions in the blockchain, store the whole version of it locally and sometimes perform some additional duties.

Simple nodes means that you verify only some transactions. You don't keep the whole blockchain version on your computer, just some part of it temporarily.

Staking means that you just freeze some amount of tokens on your account wallet for a certain period and get a revenue for that. As a rule, you need to keep your wallet open and computer running when you are staking to gain reward.
MintDice
Member
**
Offline Offline

Activity: 210
Merit: 46

MintDice.com


View Profile WWW
May 21, 2018, 07:52:20 AM
 #6

I found this article on master node vs staking--they touch on some profitable nodes and stakes too:

http://bit.ly/2rX5bWp

Hope this helps!

M I N T D I C E ◉◉ MULTIPLE CURRENCIES. MULTIPLE GAMES. DONE BETTER. ◉◉ M I N T D I C E
Introducing the world's best fully featured cryptocurrency casino
▬▬▬▬▬▬▮ FacebookInstagramTwitterBitcointalk ▮▬▬▬▬▬▬
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!