Thru a Twitter message on Wednesday, December 5th, Syscoin announced that there is an update on the Masternodes. The company that wants to be the first decentralized marketplace has a number of exciting months ahead.
https://twitter.com/syscoin/status/938487237884424192
Syscoin plans
Syscoin provides a detailed explanation of what their plans are and how they intend to reward miners and Masternode holders. After Testnet 3, a number of interesting new features have now been released.
- Miners and Masternodes share the transaction fees 50/50.
- A platform has been created to let the decentralized network of Masternodes vote.
- A system has been set up in which, in Masternodes, the longer they are part of the
network, the higher the return-on-investment.
The "masternode seniority" is structured as below.
On December 31, rebranding is also expected from Syscoin. The past has shown that this often has major consequences for the price of a token. We will continue to monitor this as more releases are scheduled for January and February. Especially the mainnet launch in February will be a crucial point for this initiative to succeed.