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Author Topic: Masternodes  (Read 158 times)
Broesel
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May 20, 2018, 09:05:31 AM
 #21

Yes you are right. This high staking requirement of masternode is a bit risky. Unfortunately I personally don't see any alternative to this. So maybe there are no way else but adjust.

Again, this depends highly on the coin you are investing in. Do your research beforehand: if this is a solid project, if they do something new, if the tech is good, if the devs and community are dedicated. Then choose and invest. Noone can see into the future, but but good research compensated for a lot of the uncertainty.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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May 24, 2018, 01:37:33 PM
 #22

Masternodes are great for ROI but they also give you a way to be involved in the project. If you've never done it, it's prettyeasy to learn and you get regular payouts for your effort.

Look at Galactrum ORE if you are interested in acquiring some MNs. Really cool project and community. Everyone will help you if you're new!

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Broesel
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May 25, 2018, 09:09:44 AM
 #23

I have to root here for ALQO once more. They have a good voting system implemented and now there is a video, which exactly tells you how to set up as masternode in easy steps without prior knowledge: Check it out here: https://www.youtube.com/watch?v=9vV0c1kYwHk&feature=youtu.be

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June 16, 2018, 08:35:08 AM
 #24

From technical aspects masternodes are improving day by day. But its need a big investment to start up. So it is very problematic for the middle class person who cant affort to give this type of big investment. So in my opinion it is not very appreciatable for the middle class

Master nodes are computers that run a dash wallet and make decisions, such as locking transactions with instantSend, coordinate mixing of coins, and voting on budget funding. Master nodes are required to have 1000 dash collateral, a dedicated IP address and be able to run 24 hours a day without a more than 1 hr. connection loss. Master nodes get paid 45% of the block reward on every block, which is distributed to master nodes one at a time. typically,around 2 dash is paid to each master node every 7 days. Master nodes are also given voting rights on proposals. Each master node has 1 vote and this vote can be used on budget proposals or important deciscions that affect dash
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