Masternodes are on the Rise. Invest now and hold!

in #masternode7 years ago

What are Masternodes?

Masternodes primary function is to relay transactions across the network. Additionally they carry out the anonymization of funds and enable double-spend-proof transactions through instant lockdowns.

In the future even more valuable services will be performed by the Masternode network.

In return for providing these services, one Masternode is selected by the network to receive a part of the reward of each mined block.

In order to run a masternode, a user must put needed amount of coins as something akin to collateral, though unlike traditional collateral, the coins never leaves the user’s possession. It can be moved or spent at any time by the user – doing so simply removes the masternode from service and makes it ineligible to receive rewards. You need dedicates IP address and 24hr uptime is ideal.

I hope this helps somebody in the middle of this Masternode madness.

List of Masternode Coins:

(price update 17.7.2017)

Working on Masternode implementation:

  • Terracoin (TRC)
    • Working on Masternode implementation
    • Price: $0.143
    • More info
  • EquiTrader (EQT)
    • Working on Masternode implementation
    • 30,000-60,000 coins needed?
    • Price: $0.247
    • Price: $7,409-$14,819
    • CoinMarketCap
    • More info
  • Espers (ESP/ESP2)
    • Working on Masternode implementation
    • Price: $0.00026
    • More info
  • Helium (HLM)
  • Block (BLOCK)
  • Coinonat (CXT)
  • ExScudo (EON)
  • Boolberry (XBB)

More info needed:

Inactive (not in CoinMarketCap):

  • BosCoin (BOS)
  • MasterMint (MM)
  • FlexCoin (FCX)
  • BankNode (Bitcredits)
  • DarkCrave (DCC)
  •  Darknet (DNET)
  • Bitcredits (BCR)
  • CryptoSpots (CS)
  • Doxcoin (DOX)
  • BitcoinTX (BTCTX)
  • SkullBuzz (SKB)
  • CryptoFocus (FCN?)
  • Genius (GNS)
  • Poison (PSN)
  • Fade (FADE)
  • Graviton (GRAV)
  • Pentacoin (PTA)
  • CryptCash (CYPT)
  • Vibranium (XVI)
  • Masterdoge (MDOGE)
  • Optioncoin (OPTION)
  • BananaBits (NANAS)
  • ArpaCoin (ARP)
  • Pharma (XPH)
  • Edge (EDGE)
  • Sentaro (SEN)
  • Gridmaster (GMC)
  • Nodex (NODEX)
  • Bloodcoin (BOD)
  • Grexitcoin (GSY)
  • GenesysCoin (GSY)
  • Midnight (MDT)
  • Breakcoin (BRE)
  • Pentaquark (LHC)
  • Bitzcoin (BTZ)
  • NodesForAll (NODES)
  • Cryptbit (CBIT)
  • Fantom (FNX)

List will be updated in: https://hodl.eu/crypto/masternode/masternode-coins/

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Nice. I like your list. But you forgot 1.
Bean Cash (BITB) is also very profitable for staking Or Sprouting. With 100,000 bean (cost about $930 during this writing).
You get 1000 bean in about 1 week. That's like 1% interest per week or 4% a month or 48%+ a year (more interest since you will compound your bean every time, the more bean you have, the the faster you get bean interest) . Can buy Bean Cash on Bittrex and other exchange and transfer to your wallet to earn bean cash. Check it out at www.bitbean.org or a calculator at www.sproutingcalculator.com.

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Good list>good job!

if you want to know more about Masternodes you can check this too. it's very helpful https://blog.kucoin.com/masternodes-how-they-work-and-who-they-are-for/