Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ayatoslaw on October 23, 2018, 08:48:27 PM
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Initially, masternode was practiced by dashcoins, and it was proven that this method succeeded in bringing the name dashcoin to the moon,
but after dashcoin, many other altcoins tried the method, but for some reason the method failed to bring the coin to the moon.
and after that comes two ways, namely staking and masternode.
whether the appearance of staking and masternode together will make changes which means that the coin uses this method?
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It depends by the technology.
Staking allows your wallet to transform in a node validating transactions.
At the same time masternodes validate tx in staking but assuring trust with own coins owned.
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Number of masternode users increasing day by day. I think it can be profitable if you find to good investment project on crypto. Some masternodes can rises so high.
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Number of masternode users increasing day by day. I think it can be profitable if you find to good investment project on crypto. Some masternodes can rises so high.
Indeed investing in masternodes of valid projects is a new way to invest. Good feedback!
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Number of masternode users increasing day by day. I think it can be profitable if you find to good investment project on crypto. Some masternodes can rises so high.
Indeed investing in masternodes of valid projects is a new way to invest. Good feedback!
Masternodes verify all transactions in the blockchain, store the whole version of it locally and sometimes perform some additional duties.
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Initially, masternode was practiced by dashcoins, and it was proven that this method succeeded in bringing the name dashcoin to the moon,
but after dashcoin, many other altcoins tried the method, but for some reason the method failed to bring the coin to the moon.
and after that comes two ways, namely staking and masternode.
whether the appearance of staking and masternode together will make changes which means that the coin uses this method?
I guess staking and masternode will become a new trend in the next years because people don't have to do anything. They only need to create masternode and then send some amount of the coins and let it works. Creating masternode is not too difficult, and as long as we want to learn, then we can create our masternode so we can get passive income from the coin.
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Both masternode and staking have been familiar now. So, it is normal if many altcoins use them to gain advantages and profits. I think the team project behind the altcoins knows well about the potential. It is proven by dashcoins, then the others want to follow it.
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Initially, masternode was practiced by dashcoins, and it was proven that this method succeeded in bringing the name dashcoin to the moon,
but after dashcoin, many other altcoins tried the method, but for some reason the method failed to bring the coin to the moon.
and after that comes two ways, namely staking and masternode.
whether the appearance of staking and masternode together will make changes which means that the coin uses this method?
I guess staking and masternode will become a new trend in the next years because people don't have to do anything. They only need to create masternode and then send some amount of the coins and let it works. Creating masternode is not too difficult, and as long as we want to learn, then we can create our masternode so we can get passive income from the coin.
I also think the same thing, masternode and staking will be an option after many people realize that mining systems with electricity consume a lot of energy consumption,
about more than 80% of the energy spent during the year to mine bitcoin,
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You are from Indonesia right?
You must have heard the name Honest Mining (HNST).
Look at how HNST works, it looks like it's good to invest because of the way it works which includes Masternode and Staking on their main website. ----> https://honestmining.com/
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~snip~
Look at how HNST works, it looks like it's good to invest because of the way it works which includes Masternode and Staking on their main website. ----> https://honestmining.com/
Are you trying to promote the coin here? We are only talking about why many projects use staking and masternode. We should try to give the examples or even give the link of a project.
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~snip~
Look at how HNST works, it looks like it's good to invest because of the way it works which includes Masternode and Staking on their main website. ----> https://honestmining.com/
Are you trying to promote the coin here? We are only talking about why many projects use staking and masternode. We should try to give the examples or even give the link of a project.
I don't believe they are no (despite how dubious the project looks) because. 1. i know this user as a contributor to the forum 2. every other post of hers isn't about HNST.
If in doubt, look at someones karma to be honest. If it's reasonably positive they probably aren't shilling, if it's negative they are probably shilling ;)
Carry on...
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Masternodes and POS technology are going to be the future because reduce energy consumption and, in case of big masternode numbers, let blockchain very stable and secure.
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I think it depends market, ecnomic, and human acts. Maybe other succeeded by accident. But you will most likely fail if you try theirs.
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So many projects are now practising staking system and it is working for some project like miracle tele also masternode is another thing that can make investment profitable if we find good project.
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Are you trying to promote the coin here?
Do you know, what differentiates promoting and telling others sincerely about the MasterNode and Staking projects ?
Hii Mate , I only guessed with the owner of the thread, whether he came from Indonesia (because he saw a local language that had been made to make a Post and Thread).
We are only talking about why many projects use staking and masternode. We should try to give the examples or even give the link of a project.
Then I also searched for the first platform from Indonesia for Staking and Masternode that used Dash coins and found I found HonestMining.
This Honest Mining platform comes from Indonesia (see from the channel telegram ---> https://t.me/HonestMiningID)
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Carry on...
Thanks Mod , i'm only support for owner thread for searching platform masternode and staking with coin Dash . ;)
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i have an old laptop not in used any more. i want to know if i can step up a masternode using a laptop and how fast it could be. it looks like mining coins is the best way to make some money in crypo currency now. i have lost so much to trading.
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Are you kidding ? LOL
I hope not to do that because Masternode needs some power that must be possessed by computers and other devices that can keep the Masternode running.
If you use your old laptop, then it will risk your finances after using masternode.
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That remains the key of hacking people system. if you are a novice in the network world. joining a node exposes your system to the public network giving a hacker the licence to access your computer. this may happen if you join a wrong masternode.
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That remains the key of hacking people system. if you are a novice in the network world. joining a node exposes your system to the public network giving a hacker the licence to access your computer. this may happen if you join a wrong masternode.
Yes you are right, at first, I invested in coins that used masternode on coin GENX, for beginners need some code to synchronize their desktop wallets, but I always keep these coins in paper wallets to avoid hackers from taking coins from the desktop wallet.
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Initially, masternode was practiced by dashcoins, and it was proven that this method succeeded in bringing the name dashcoin to the moon,
but after dashcoin, many other altcoins tried the method, but for some reason the method failed to bring the coin to the moon.
and after that comes two ways, namely staking and masternode.
whether the appearance of staking and masternode together will make changes which means that the coin uses this method?
Any kind of methods whether it is proven or not do not give the assurance that the certain coin that implements that
method will surely skyrocket to the moon and only time will tell. One of the things that I know that makes crypto go
fly high to the moon is hype and fomo, these two methods are really effective and most of the projects way back in
2017 do a lot of hype.
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It depends by the technology.
Staking allows your wallet to transform in a node validating transactions.
At the same time masternodes validate tx in staking but assuring trust with own coins owned.
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I think the project behind the altcoin team knows very well the potential of bastermode. It is proven by the dashboard, so others want to follow it. Both masternode and the stakes are familiar now. So, it's normal for many altcoins to use it to make a profit.
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I consider masternodes systems as a nice opportunity to invest. Masternodes can be a great option on condition that you choose a promising cryptocurrency, you have the minimum amount of coins
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Most masternodes nowadays are just used to make profit and nothing more only the first and one of the first will bring the profit the rest will just be a copycat made for money, that's why we need to avoid masternodes that gives too much rewards because it will end up being dumped
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I consider masternodes systems as a nice opportunity to invest. Masternodes can be a great option on condition that you choose a promising cryptocurrency, you have the minimum amount of coins
yes, that is a good choice,
some people have different reasons, and I agree with your reasons,
masternode is actually a good way of investing, but we have to know, which coins are potentially good for the future and which are not.
because if you choose the wrong bet is losing your capital.
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well, dashcoin is a coin with technology, with a good team. this does not mean if some coin wants to switch to staking and masternode then it will surely start to grow after it and repeat the success of dashcoin. for example, a NEM coin with similar technology staking (nem harvestin) can not boast of such success as dashcoin.
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yes it is true and I think it is also like that, and I also strongly believe that both methods are very good when used.
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Yes after dashcoin many other coin has adopted masternode & staking method and I have noticed now masternode and staking coin rise for sometime but sooner they loose their value day by day. In my opinion masternode and staking coins are not much beneficial as in 2017 bullish market.
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Yes and I'm kind of irritated when I hear a new project again that uses this staking and masternode. It looks like they are just a copy-cat from dashcoin and wants their coin to pump without a real use-case on it.
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In crypto, once a a successful project is launch, many are copying it. That is normal in the competition. When people learned about the success of dash, the begin to copy the masternode and the staking. Same thing in other coins. If bitcoin was not invented, I think their is no altcoins to speak of.
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it depends on the project being planned by the founder if the project has a pretty good goal and the developer has something that will be very valuable in the future masternode or stacking is not so important the most important thing is the goal of the project whether it is accessible to all users or not