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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Do you own a Masternode?

BY: @arunava | CREATED: June 9, 2018, 11:03 a.m. | VOTES: 202 | PAYOUT: $13.33 | [ VOTE ]

First of all, let's answer the obvious Question.
[IMAGE: https://ipfs.busy.org/ipfs/QmcWJLgVo8qfn5CLE5eQmzcqA3rT3Lr561x7Cm1gjkojAq]

What is a MasterNode?

Masternode is simply a cryptocurrency full node or Computer Wallet that keeps the full copy of the Blockchain in real-time, just like Bitcoin Full nodes and is always up and running. Although there is a difference in Functionality of Nodes from Masternodes. Normal Nodes just keeps the Full Blockchain and relays Blocks while MasterNodes have several other Functions added to it.

[IMAGE: https://ipfs.busy.org/ipfs/QmZMeFT2WdG6FA5mcwpAeBMAyKdrTLBCaMLnEKweYEB7Wj]

Special Functions of MasterNode

1. Instant Transactions

2. Participation in Voting of various Projects.

3. Increased Privacy for Transactions.

[IMAGE: https://ipfs.busy.org/ipfs/QmZMeFT2WdG6FA5mcwpAeBMAyKdrTLBCaMLnEKweYEB7Wj]

Now there is another added benefit in holding a MasterNode which is that you get Paid for Securing the Blockchain in their NAtive Currency. One of the most Popular MasterNodes which is DASH earns you around 50 USD per Day for maintaining a MasterNode. Although it will cost you a lot of Money to hold a MasterNode.

[IMAGE: https://ipfs.busy.org/ipfs/QmTTmsQ4wR6KsqAJ2XS67eh9dwk3LF1wGQjhpkEQ1Kijgx]

So Guys do you have hold a MasterNode?

TAGS: [ #cryptocurrency ] [ #blockchain ] [ #masternode ] [ #busy ] [ #technology ]

Replies

@magic8ball | June 9, 2018, 11:03 a.m. | Votes: 0 | [ VOTE ]

To the question in your title, my Magic 8-Ball says:You may rely on it
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

@a-a-a | June 9, 2018, 11:03 a.m. | Votes: 0 | [ VOTE ]

Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.

@booster | June 9, 2018, 11:20 a.m. | Votes: 0 | [ VOTE ]

This post has received a 2.67 % upvote from @booster thanks to: @arunava.

@rhyscn | June 9, 2018, 2 p.m. | Votes: 1 | [ VOTE ]

Still on the path of collection enough holdings in order to become a masternode on a few networks. A long way to go..

@arunava | June 10, 2018, 1:36 a.m. | Votes: 0 | [ VOTE ]

Yes Masternodes do Require a lot of Coins.

@alan369 | June 9, 2018, 2:14 p.m. | Votes: 1 | [ VOTE ]

Yeah l'm holding but not dash

@arunava | June 10, 2018, 1:38 a.m. | Votes: 0 | [ VOTE ]

DASH is very very Expensive

@akdx | June 9, 2018, 2:55 p.m. | Votes: 1 | [ VOTE ]

This is very valuable information my friend. Which cryptocurrencies can be mined just with an ordinary laptops?

@arunava | June 10, 2018, 1:38 a.m. | Votes: 0 | [ VOTE ]

Even with Ordinary Laptops you can mine certain Coins but not the main ones.

I will make a Post about this later Tomorrow.

@akdx | June 10, 2018, 3:09 a.m. | Votes: 0 | [ VOTE ]

Ok bro! Just mention my username in that post so that I may not miss it.

@anealireki | June 9, 2018, 4:20 p.m. | Votes: 0 | [ VOTE ]

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