Hello. I started steemit to promote apis.
Many of you may not know what the name of apis is, but I'll try to post it.
I think we need to learn what a master node is first.
Bitcoin uses a method called " Proof Of Work " to issue coins.
POW requires high-specific equipment and can be done in a limited environment. That's why it seems like the public can not use this concept.
The alternative to POW is the Proof Of Stake (POS). This growing trend, as everyone knows, has declared a shift from POW to POS.
A certain amount of coin is required to mine the coins using POS method. If you use POS, unlike POW, you don't have to do much of the computer throughput. And there's no need for expensive mining costs. POS has been issued to improve POW. So what are the ways we've come to improve our POS?
This is the master node approach that Apis is currently pursuing. The master node provides a certain amount of interest to people who have a lot of coins. Instead, they hold their coins as collateral.
The presence of this master node facilitates coin transfers on the network and reduces the risk of hacking. But being a master node requires a lot of money and requires professional program-level IT knowledge.
- CAUTION *
You must purchase master node coins from the exchange by the fixed amount that you want to configure. And you need to build a dedicated server that supports the master node and set up your wallet on your computer.
First of all, there is a possibility that there will be a lot of trial and error in order to get to the current stage. If you make some mistakes, you risk losing your investment.
Recognizing the following problems, many people have pioneered new areas :
It's the Master Node Agency. Today, many agencies around the world are building on behalf of the master node. If we do that through a agency, we can eliminate the costs of deploying servers and reduce the risk of hacking. But the agency doesn't pay interest that can be paid purely. The company will receive a fee of some percent of its master nodes.
The price rate of master node coins is larger than other coins. You can feel the need to be prepared for constant fluctuations. If you use a agency, you will have the biggest point that you can not prepare for the volatility of the price of coins.
There is APIS coin to solve all the problems I've been talking about.
In the next post, we will talk about APIS coins that solved the problem of Master Node Agency.
✅ @jkc0431, congratulations on making your first post! I gave you an upvote!
Please take a moment to read this post regarding commenting and spam. (tl;dr - if you spam, you will be flagged!)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit