What is Masternode? and how i can get profit?
Hello all, This post we will learn what is that a Masternode coin and how to get profit
Masternode
Masternode is part of investment for community with minimum colletral and benefit for devloper is keep node online so comunity will comit run their node 24 hour 7 days 360 day and devloper pay them reward form block unfortunately not 100% but half because another community work as POW(Proof of work) or POS (Proof of stake)
so most masternode coin 80% for Masternode owner and 20% POS or POW worker
example for Agricoin Masternode use POS why pos we will talk it later in another post
Agricoin Masternode 70% 30% that mean 70% for Masternode owner and 30% for stake worker
Agricoin Masternode Colletral is 10,000 AGCMN
Reward Block now is 10 AGCMN
Block Generate every 1 Minute
So 1 masternode owner can get 7 AGCMN for 1 block and POS worker get 3 AGCMN
but if only 1 Masternode online how about 100 Masternode run?
Reward will be given and will be rolling to other masternode owner, who run masternode long time will be on top reward paid
Why masternode as owner and POS as worker?
because POS create a Block like POW masternode only take a profit for their reward block
Masternode important for Masternode Coin because of masternode not running block will be stuck
How get profit form Masternode?
Like i said befor all block reward will be given for masternode owner if masternode online they will get more coin
This a estimate reward for Agricoin 1 owner masternode can get 137 Coin a day
you can see here for detail https://masternodes.online/currencies/AGCMN/
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Hi, I don't know anything about masternode, can u teach me a bit?
Excellent article.
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