Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Dash Forum => Topic started by: Crestie C. Tuvilla on May 24, 2018, 08:19:19 AM
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Masternodes are like the full nodes in the Bitcoin network, except that they must provide a particular service to the network and MUST have some sort of heavy investment in the system. To run a Masternode, one has to invest 1000 DASH.
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Masternodes are like the full nodes in the Bitcoin network, except that they must provide a particular service to the network and MUST have some sort of heavy investment in the system. To run a Masternode, one has to invest 1000 DASH.
You have asked a question, and at thesame time given an answer. Try make your post explanatory if you asked a question sir.
However, masternode is a server on a decentralized network. It is utilized to complete unique functions in ways ordinary nodes can’t. It can be used for features like direct send / instant transactions or private transactions. Now, in the Dash ecosystem, there are two kinds of computers that secure the blockchain: nodes and masternodes. Nodes do the mining that creates new coins on the Dash network, and masternodes perform specialized transactions like "instantsend" and "privatesend".
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You have asked a question, and at thesame time given an answer. Try make your post explanatory if you asked a question sir.
However, masternode is a server on a decentralized network. It is utilized to complete unique functions in ways ordinary nodes can’t. It can be used for features like direct send / instant transactions or private transactions. Now, in the Dash ecosystem, there are two kinds of computers that secure the blockchain: nodes and masternodes. Nodes do the mining that creates new coins on the Dash network, and masternodes perform specialized transactions like "instantsend" and "privatesend".
Thanks for your explanation, it's very clear in my mind now.
For example I didn't know that masternodes had dedicated spots, I thought they were just validating transactions like miners.
Thanks again!
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One problem with master nodes is you have to almost think of it as a ponzi scheme.. because you have to keep all of your initial investment capital locked up for a masternode to pay you dividends.. so the trick with master nodes is you really REALLY have to believe in the future of the coin if you want to purchase them.
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A masternode(a bonded validator systems) in cryptocurrency is a server that underpins a blockchain's network. They're responsible for enabling specific services that miners under Proof of Work cannot accomplish.
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I think it's not very interesting and whether it might be dangerous for investors, or it could lose.
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with 1000 dash, I think it's already quite a lot of investment, but I don't think there's a problem if we invest 1000 dashes.
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it's an investment that I feel has a decent value, but if by investing with 1000 dashes it's very profitable, then do it.
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I think by investing 1000 dash it's not too much of a problem if we know the many benefits we can get in the future.
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to invest in 1000 dashes, I don't think that is a problem if it really has to happen, and I also like it very much.
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n the Dash ecosystem, there are two kinds of computers that secure the blockchain: nodes and masternodes. Nodes do the mining that creates new coins on the Dash network, and masternodes perform specialized transactions like "instantsend" and "privatesend".
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Getting in early on the right altcoin and watching their investment skyrocket is the dream of many crypto enthusiasts, but there are many other ways to earn an income in the space. Coin mining, staking, long-term investment holding – all of these can be lucrative to the enterprising user.