My Payfair Trustnode summer update

I run Trustnodes on a decentralized escrow platform that rewards their operators with a portion of the coins the platform accepts. This means you are rewarded in multiple coins and not just the base currency of the trustnode. To run a trust node you need a at least a certain amount of Payfair and then sign a transaction to bind your identity on the Payfair network to your ERC20 tokens in the Myetherwallet.

The volume has been up and down, going from hundreds of dollars a day to a few thousand on certain days. Of course this is very low for an exchange, but since its only a few months into launch I think waiting to see how it goes in the future may pay off.

Since my coins just stay in Myetherwallet there has not been any upkeep on my part. But there was still news to report. They have appeared to double the coins they accept and votes and proposals continue to come and go.

This video and blog references an opinion and is for information purposes only. This is not investment advise.