follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: What exactly are Masternodes?  (Read 3342 times)

Offline Crestie C. Tuvilla

  • Member
  • *
  • Activity: 133
  • points:
    1059
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: June 27, 2018, 10:31:31 AM
    • View Profile

  • Total Badges: 11
    Badges: (View All)
    Topic Starter 100 Posts 50 Posts
What exactly are Masternodes?
« on: May 24, 2018, 08:19:19 AM »
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.

Altcoins Talks - Cryptocurrency Forum

What exactly are Masternodes?
« on: May 24, 2018, 08:19:19 AM »

For Monthly biddings Check Here


Offline Bobcrypto

  • Legendary
  • *
  • Activity: 3602
  • points:
    69697
  • Karma: 96
  • Trade Count: (0)
  • Referrals: 5
  • Last Active: February 23, 2024, 08:37:19 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: What exactly are Masternodes?
« Reply #1 on: June 05, 2018, 09:45:41 PM »
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".

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.


Senior Member
Code: [Select]

FXBOX
█████████████████████
  
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
  
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
  
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
  
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
                │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
FOREXTRADING FROM $1
████████████████████████████████████████
 
███




███

██████████████████████████████

READ MORE

██████████████████████████████

███
  █
  █
  █
  █
███

Offline spatialiste

  • Legendary
  • *
  • *
  • *
  • Activity: 1929
  • points:
    26393
  • Karma: 15
  • Callisto Network - Security Audits & Cold Staking
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: October 10, 2023, 02:54:47 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: What exactly are Masternodes?
« Reply #2 on: June 05, 2018, 10:36:25 PM »
Quote
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!
Callisto Network - Smart Contract Security Audits & Cold Staking
Web Site | White Paper Twitter | Telegram
Tradable on Stex - Bitfinex - HitBTC

Offline altcoingamer

  • Hero Member
  • *
  • Activity: 1117
  • points:
    242
  • Karma: 24
  • Trade Count: (0)
  • Referrals: 11
  • Last Active: September 01, 2020, 06:02:18 AM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #3 on: June 20, 2018, 04:52:59 AM »
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.

Offline MelchiZedek

  • Full Member
  • *
  • Activity: 246
  • points:
    799
  • Karma: 3
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: August 13, 2019, 10:18:55 AM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #4 on: July 21, 2018, 02:45:43 PM »
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.
███▌
 ▐██▌
   ███
    ▐██▌
      ███
 ███   ▐██▌                  ██
 ████    ███               ████
 █████▌   ▐██▌           █████
 ███ ███    ███        ████ ███
 ███  ▐██▌   ▐██▌    ████   ███
 ███    ███    ██ ████     ███
 ███     ▐██▌   █████       ███
 ███       ███   ▐█▌        ███
 ███        ▐██▌            ███
 ███          ███           ███
 ███           ███         ███
                 ▐██▌
                  ▐██
                    ██▌
                      ████




..DIGITAL CRYPTO.............
..WEALTH MANAGEMENT..
..PLATFORM.......................

██
██
██
██
██
██
██
██
██
██
██
██
██

██
██
██
██
██
██
██
██
██
██
██
██
██

        ▄▄████████▄▄
     ▄████████████████▄
   ▄████████████████████▄
  ███████████████▀▀  ████
 ████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
 ████████ ▄███▄   ███████
  ████████████████▄▄██████
   ▀████████████████████▀
     ▀████████████████▀
        ▀▀████████▀▀

Offline Richa99

  • Sr. Member
  • *
  • Activity: 559
  • points:
    806
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: July 28, 2019, 02:35:39 PM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #5 on: August 09, 2018, 07:25:31 AM »
I think it's not very interesting and whether it might be dangerous for investors, or it could lose.

Offline Watu_pawon

  • Sr. Member
  • *
  • Activity: 461
  • points:
    661
  • Karma: 5
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: January 21, 2020, 11:05:35 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #6 on: August 26, 2018, 01:56:38 AM »
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.

Altcoins Talks - Cryptocurrency Forum

Re: What exactly are Masternodes?
« Reply #6 on: August 26, 2018, 01:56:38 AM »


Offline Richa99

  • Sr. Member
  • *
  • Activity: 559
  • points:
    806
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: July 28, 2019, 02:35:39 PM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #7 on: September 05, 2018, 09:16:32 AM »
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.

Offline Sudarmono

  • Plagiarism strike
  • Sr. Member
  • *
  • Activity: 646
  • points:
    1001
  • Karma: -2
  • 🔰 FERRUM NETWORK
  • Trade Count: (0)
  • Referrals: 4
  • Last Active: December 20, 2020, 03:12:44 AM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #8 on: September 16, 2018, 01:42:52 AM »
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.
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

Offline Warung_lontong

  • Sr. Member
  • *
  • Activity: 414
  • points:
    543
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 06, 2020, 11:36:56 AM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #9 on: September 17, 2018, 02:03:05 AM »
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.
                 ▄▄
              ▄▓▓▓▓▓▓▄
          ▄▓▓▓▓▓▓▓▓▓▓▓▓▓▓▄
      ▄▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▄▄
   ▄▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▄▄
▄▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▄
▓▓▓   ▀▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀▀   ▀▓▓▓
▓▓▓▄       ▀▀▓▓▓▓▓▓▓▓▓▓▀▀         ▓▓▓
▓▓▓▓▓▓▄▄        ▀▀▀▀       ▄▄▓▓   ▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▄▄          ▄▄▓▓▓▓▓▓   ▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▄    ▄▓▓▓▓▓▓▓▓▓▓   ▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓    ▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓    ▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓    ▓▓▓▓▓▓▓▓▓▓▓   ▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓    ▓▓▓▓▓▓▓▓▓▓▓▄ ▄▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
  ▀▀▓▓▓▓▓▓▓▓▓▓▓▓▄  ▄▓▓▓▓▓▓▓▓▓▓▓▓▀▀
      ▀▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀▀
          ▀█▓▓▓▓▓▓▓▓▓▓▓▓▀▀
              ▀█▓▓▓▓█▀

Relictum Pro
|Blockchain 5.0 | Decentralized Ledger Technology                                                      Whitepaper  |  Yellowpaper  |  ANN
Global platform covering all the aspects of human life in a distributed registry

Offline Bhussainn2

  • Full Member
  • *
  • Activity: 243
  • points:
    355
  • Karma: -37
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: November 19, 2020, 07:05:41 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #10 on: October 28, 2018, 06:18:02 AM »
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".
                  ███████████████▄▄                   █████████▄▄▄▄▄▄▄▄▄▄▄                   █████████████████████▄                   ███████    ▀▀██▄▄▄▄                   ███████        █████▌                   ███████        █████▌           ███████    ▄▄██████            ████████████▀▀▀▀▀▀▀                   ██████████████████▀ █████████████████████▄ █████████    ▀▀███████                   ███████        ██████▌     ███████        ██▀▀▀▀      ███████    ▄▄████████                   ██████████████▀▀▀▀▀▀▀                   ███████████████████▀                   ████████████████▀▀ITZON | First Marketplace▬▬▬▬▬ ● ● Powered by the Blockchain |

Offline doranan

  • Member
  • *
  • Activity: 113
  • points:
    176
  • Karma: -9
  • The World’s First Blockchain Core
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: December 16, 2018, 01:51:00 AM
    • View Profile

  • Total Badges: 13
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: What exactly are Masternodes?
« Reply #11 on: November 01, 2018, 11:49:39 PM »
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.
▄▄▄▄▄▄▄▄▄▄▄ ▄ ■        SKYNET        ■ ▄ ▄▄▄▄▄▄▄▄▄▄▄
▐▬▬▬▬▬▬▬▬▬▬     PRIVATE SALE is LIVE     ▬▬▬▬▬▬▬▬▬▬▌
Whitepaper   Bounty   Bitcointalk   ■   Facebook   Twitter   Telegram

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod