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Tell how to raise masternode and how you can use it to generate passive income.

Masternode, or masternode, is a server in a decentralized network. It is used to execute unique functions that ordinary (incomplete) nodes can take place. Direct/immediate transaction or private transfers.

Because of their great opportunities, such network nodes typically require significant investment to raise masternode. But then the server operators are encouraged by the cryptocurrency by getting part of the rewards for the block in the blockchain they support.

The General conditions are difficult to distinguish, as each network has its pros and cons, each system is suitable for payments in different ways. Some cryptocurrencies pay compensation to operators of masternodes several times a day, while other projects do it once a day.

If you want to create a profitable wizard to become an operator, you need to "freeze" a certain number of coins and set up a server through which everything will work on a decentralized network.

Masternode is not required PoS
Many people believe that the masternodes are part of the Proof-of-Stake (PoS) (when the block confirms not mining, but the share rate), but it is wrong. There are Proof-of-Work (PoW) projects that use masternodes, so these node types are not exclusive to PoS or PoW.

The fact that the launch of masternode is similar to PoS, in the sense that you generate a passive income just by freezing a coin in the network, as well as the proportion working in the PoS algorithm.

How much can you earn, raising masternode
Earnings on masternode depends on several factors:

what coin did you choose,
how this cryptocurrency works with the wizard,
to what extent the exchange rate will be worthy in the coming years, will there be a stable growth.
Some will be more beneficial in a combination of factors. We also need to work for the future: with the expectation that the market will grow.

If all the coins will be worth much more in ten years than it is now, the launch of masternode will be profitable long-term investment, despite the chosen cryptocurrency. Although this cannot be guaranteed.

Service for calculating the profitability of masternode — https://masternodes.pro. Meaning of the abbreviations given below:

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COIN Icon, coins, symbols, names
ROI return on investment based on data from the last 24 hours
ROI 30-day ROI for the last 30 days
PRICE the current price of the coin
CHANGE 24th changes in price
MN is the Number of nodes in a network with active wallets
REQUIRED number of coins to raise the craftsman
MN WORTH the Current price in dollars
MONTHLY Monthly income according to 24 hours
YEARLY Annual earnings according to 24 hours
LINKS link to the coin

Operators masternode usually have a yield between 5 and 20%. These fees help to offset the costs of starting a site. You need to go to a new level: DASH will require more than half a million dollars, there are a few coins, where the entrance is less than $1000. But it can become an investment strategy.

Coins with masternodes
At the moment there are 38 coins with master coins, 7 are expected and 17 are in preparation.

ARCTICCOIN (ARC), BITSEND (BSD), BLOCKNET (BLOCK), BRAINCOIN (BRAIN),
BULWARK (BWK), CHAINCOIN (CHC), COLOSSUSCOINXT (COLX), COPICO (XCPO),
CRAVE (CRAVE), CROWN (CRW), CROWN-SN (CRWSN), DASH (DASH), 
DESIRE (DSR), DIAMOND (DMD), ETERNITY (ENT), EXCLUSIVECOIN (EXCL), 
FOOTY CASH (XFT), FORCE (FOR), HARVEST MASTERNODE COIN (HC), 
IGNITION (IC), INSANECOIN (INSN), INTERZONE (ITZ), ION (ION), 
MADCOIN (MDC), ASTERNODECOIN (MTNC), MONOECI (XMCC), NEUTRON (NTRN), 
NUMUS (NMS), PHORE (PHR), POLIS (POLIS), PURE (PURE) SAGACOIN (SAGA), 
SOCIAL SEND (SEND), SOLARIS (XLR), STRAKS (STAK), TOKUGAWA (TOK),
VIVO (VIVO), VSYNC (VSX).


Installing the wizard

If you want to run your server, you need a basic familiarity with the Linux command line. Alternatively, a third — party server providers, the prices for which vary. Also commonly likeness of the cloud of mining, special hosting for mastered. We do not take the liberty to recommend specific cloud services, to explore their reliability and credibility you need: because the conversation is about tens of thousands of dollars.

The General instruction on self-launch is something like this (look in more detail in the manuals on the official websites, because there the information is updated regularly):

Buy the right amount of coins.

Select a server or special hosting masternode.

Download the official coin wallet.

Encrypt it, double check with small amounts.

Learn the address for masternode. For example, at the Dash in the debug console, you need to enter getaccountaddress 0.

Address write down, create multiple copies.

Make a few backups of the wallet and write on flash drives that have never seen the Internet. They have to hide.

Put coins in this wallet required to run (DASH 1000, 5000 NMS, 5000 BLOCK, 10000 to DIAMOND, etc.). This must be done by a single transaction.

You need to get the configuration line from the hosting (if you choose paid, how to configure yourself on the website Dash) and paste into the file masternode.conf (it must be created in the same folder as wallet.dat, usually for the Windows AppData\Roaming\immunity).

In the wallet, run masternode. Have a Dash in the debug console, you need to enter masternode start of parallel.

Check masternode on the Internet. Again, from Dash to https://dashninja.pl. To add address /?mnregexp=addressnode paragraph 5 #mnlistdetail.

All nodes are running and will operate with a closed wallet.



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