Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SLING | LAUNCH | SHA 256 | PoW PHASE STARTING NOW | POS Masternodes | ANON
by
chocobo
on 23/04/2015, 21:50:35 UTC
Well, here's an image of the supposed earned SLING from yesterday just before the master node stopped running:



But those big payments, though they say they were fully confirmed, never applied to my wallet balance. Today, the master node has failed again. I see this message in my debug.log:

Those values are the total sum of the transactions in each block that you've "processed" as a masternode, not the actual earnings you get as a masternode. Masternode payments are 67% of the POS stake minting of 1.337 SLING, which means masternodes earn ~0.89579 SLING. You're just confused about the payments.

Can you close a masternode whenever you want? Or is there a certain period before you can?

Sure, masternodes don't lock you into holding coins for any length of time. You can send your coins out of your wallet whenever you want, which "closes" the masternode.

Thanks! Also the coins arent stored on the server correct? They are just in a different address in your wallet?