A Review of recent good masternode explanation articles .
I saw several good masternode articles, so I wanted to pass the links on because with the cryptocurrency market looking like a bull run is coming, so it’s a good time to get good coins at low prices.
I think it’s always to start off an article with a definition to bring everyone to the same starting point.
What is a Masternode?
I like the definition in this article below, so I am using it here with full citation.
A Masternode is a server on a decentralized cryptocurrency network; its purpose is to complete tasks for the network that a simple node is not able to accomplish. These tasks can help allow (for example) private or instant transactions on the network. Masternodes typically require a high amount of collateral to be accepted as part of the network. As a reward for their work, they typically receive a portion (%) of the block reward. The payout times vary, some Masternodes pay out once per day, others once per week, etc. If the required collateral is removed from the Masternode wallet, the Masternode will no longer be accepted by the network until properly funded.<
This quote is from an excellent article by , which you can find here:
https://steemit.com/masternodes/@btcdreamz/top-5-masternodes-to-buy-before-the-next-bull-run
I think this recent article gives a very could explanation of masternodes using regular, everyday English:
https://steemit.com/kr-exchange/@shortsegments/masternodes-explained-in-easy-to-understand-language#@shortsegments/re-shortsegments-masternodes-explained-in-easy-to-understand-language-20180705t045508746z
I also think this older article on masternodes is very useful.
👉The newest passive investment strategy for smart investors: Cryptocurrency Masternodes.
While only the future can know if one of these coins will be the next etherium or Dash, each has an attractive use case and like all low cost investments you could lose all your investment or profit greatly by some 100 or 1000 multiple. This article isn’t investment advice, but a hopefully useful collection of information. An article by @btcdreamz discusses five good masternode coins you should consider investing in now. The link is below and I recommend you read it.
👉https://steemit.com/masternodes/@btcdreamz/top-5-masternodes-to-buy-before-the-next-bull-run
References:
Information derived from my research and articles above.
Photo Credits
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Stay thirsty for knowledge my friends.
✍️ written by Shortsegments
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Thanks I will fix that :)
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$trdo !COFFEEA
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Thank you
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Thank you
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Thanks for this definition and clarification.
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Thank you!
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