9 of the top Masternode coins for 2020

[gocryptowise]

Hey guys,

We have just published a list of some of the best Masternode coins for 2020. And we wanted to share it here with you all. It might be some interesting new picks for some of you.

Now what is a Masternode?
Both Proof of Work and Proof of Stake blockchains can and are using Masternodes (not all of course). And these nodes helpt to validate new transactions and often reject invalid ones. But the exact role and tasks of a Masternode can differ from blockchain to blockchain.

Why should I care about Masternodes?
Well for two obvious reasons at least. With the first being that you are contributing and helping the blockchain and network function and grow. You are part of this new decentralised technology and economy. Without you, there wouldn't be a functioning blockchain with its own cryptocurrency.
The other obvious is that you can earn money from it. By running your own node you get rewarded for your help. And for Masternodes this can be substantial.

So what is the pick of best Masternode coins for 2020?
Here is our pick of some of the best Masternode coins for 2020. Based on tech, team, scope, and promise. Of course, there are other great Masternode coins but can't have them all

1. Divi Project
2. Stakenet
3. Syscoin
4. Blocknet
5. Dash
6. PIVX
7. Zoin
8. Energi
9. TomoChain

Check out the full article here https://gocryptowise.com/blog/9-of-the-best-masternode-coins/

Do you own any of these? Do you run a Masternode already? Or maybe interested in running one?

Have a great day!

[shinratensei_]

I have run dash masternode in 2018 and i just sold them all when crypto goes to the peak price again at the middle of 2019. Honestly, maybe some people will think if that will be very profitable but for me, that's a big risk decision as the problem will not be on how much annual yield that will be got by the masternode but your deposit amounts could go to the bottom anytime. Remember in the last year the price of dash was around 100$ and right now it has been losing more than a half from its price. it's too risky for me personally to bet on masternode again especially for the new MN just like energi which was requiring a lot of money.

[livingfree]

7. Zoin

A little typo, this should be Zcoin. 

I have run dash masternode in 2018 and i just sold them all when crypto goes to the peak price again at the middle of 2019. Honestly, maybe some people will think if that will be very profitable but for me, that's a big risk decision as the problem will not be on how much annual yield that will be got by the masternode but your deposit amounts could go to the bottom anytime. Remember in the last year the price of dash was around 100$ and right now it has been losing more than a half from its price. it's too risky for me personally to bet on masternode again especially for the new MN just like energi which was requiring a lot of money.

That's one risk in masternode, if the coin you are holding starts to drop then the whole market value of that token will start to drop as well. Well, I'm impressed that you have the most expensive masternode, probably if it is. I've been wanting to have it but my pocket is dry and can't even get into the minimum required.

[nutriagrigia]

TomoChain is a very volatile project and it has already brought me a lot of profit. I also think that launching a masternode for this project will be a very good idea and getting passive income in coins that you can actively trade on the exchange. Moreover, this project can already be traded on Binance. I know that all this is very risky, but still, I think that to make good money you need to be able to take risks

[huu78]

Masternode project that I like to date is Energi, not just my friend Sayapun feel very much profit since Eardrop in open from last year. Not only that the project without this ICO can also perch top CMC, but I also very surprised the project without raising funds can climb up without asking for funding assistance to investors and until now I am convinced on this project will be a great success in the future. BTW, your article is very interesting and useful.

[SolarWindMiningCompany]

I have run dash masternode in 2018 and i just sold them all when crypto goes to the peak price again at the middle of 2019. Honestly, maybe some people will think if that will be very profitable but for me, that's a big risk decision as the problem will not be on how much annual yield that will be got by the masternode but your deposit amounts could go to the bottom anytime. Remember in the last year the price of dash was around 100$ and right now it has been losing more than a half from its price. it's too risky for me personally to bet on masternode again especially for the new MN just like energi which was requiring a lot of money.

I can equally say the same here. Sold all my dash and ventured into PIVX at its early stage and it's one of my profitable coin till date. Hopefully, Energi can leave me with a new sumptuous record in my hands. I love the Energi project and I have invested as well. Although there's limit to mh loyalty

[Flux0z]

Blocknet is a good one on the list.

I run a node, and like the passive income, though I believe once the market picks up again, and people starts actually using DEX's that the passive income from running a node will be enormous.
Not only can you profit off of the DEX, you can also profit off of their XRouter services, which is basically decentralized oracles with blockchain interoperability, and support for real world applications as well.

For those of you wanting to know more about the DEX itself: https://blockdx.com/

Gotta do some research on the other projects though, thanks for sharing OP!

[disconnectme]

I could remember when Masternodes was a good selling points for ICO projects, the issue with Masternodes coins is that people need to truly believe in the project and be willing to stake for long to be able to get the full benefit of them, most of them end up being a shit coins as more tokens enter market they will keep dumping on the market and suppressing the price. EOS is a good example

[socks435]

For now I'm currently have Sinovate masternode I'm not successful yet with this and not generating good amount of coins from their masternodes.

I am planning to change my plan and looking for the best masternode. I confused which is better PIVX or Energi but it looks like Energi is better than PIVX. What do you think?

[electronicash]

the article would have been adding more information from users if the collateral investment were mentioned on it. stakenet for instance require an investor to have at least 15000 XSN to take part and run a masternode. for PIVX, you need about 10K PIVX.  you would have to spend to also make money, this is the immutable law in real life, the rich gets richer.  i have no idea to the rest but expect you would need more money to run DASH masternode.

[desticy]

In the past, it was really possible to earn money on masternodes, but now I doubt it. There are too many examples where people invested quite large amounts of money in various masternodes and as a result, now they are minus 90% of their investments. You need to know for sure that in the future the alternative coin market will not fall even lower to invest in nodes.

[beerlover]

I can understand paying people to get your article written and actually get more clicks and interest. I have done the exact same thing with the coin I worked with years ago (during the ICO peak) and it actually worked, we actually got more interest, so I can understand that.

However, put your coin in somewhere lower, putting it at the top makes it look too fake, like when dash is there saying Divi is biggest is a bit funny. For example divi is giving out 30% ROI and that is great however they do have around 150k volume in total whereas maybe Dash is giving only 7% but we all do know that DASH has 300+ million in volume so it is one of the oldest.

I personally can't afford one DASH however Zcoin is cheaper and that has almost 20 million volume as well. Hell even syscoin costs less than 2k right now and has over 200k volume at least. Still, this doesn't make Divi bad, it looks like would be top 10 if I made a list as well, just not at the top of the list.