what is a masternode (short explanation)
cryptocurrencies·@larsinist·
0.000 HBDwhat is a masternode (short explanation)
Guess you all have heard about Masternodes, and the rewards system I will use jiyo coin as an example For people who dont know anything aboout masternodes, from now called MN i will say, its like having a miner farm, without paying electricity bills! Now for a little more deep explanation you buy 20k jiyo coins, and place them in your wallet, and start the MN After a while (24hours) you will start getting daily rewards  In the picture you can see that i get two payments each day on 87.5 jiyo coins. The red text, is coins that i sendt to my staking wallet, cause that gives me even more rewards  The 37.49 is my staking rewards, i get that also 2 times each day So if you get in early, its easy to save up rewards, so you can buy another node for your rewards What i have used as an example here is the way to get more MN, for the price of one! This was just a short tread about the rewards system, i can make another post, about how they work, and what they do, And how staking helps the network, for more info, give a comment! Superblock is also a important thing, and also trading volum, but this for another day
👍 hatu,