Quote from: vlom on January 03, 2017, 08:12:02 PM

Quote from: qwizzie on January 03, 2017, 08:02:00 PM

Quote from: vlom on January 03, 2017, 07:42:08 PM

i would like to set up a mosternode too. i almost started. but then i read that you need 1000 dash. we do you need 1000 dash to have a masternode? can somebody explain this to me in plain english. thank you.

The 1000 Dash is collateral for running a full node and is intended as a way to attract longterm investors. Masternode owners will be motivated to look after their own interest
(which is basicly a good functioning and growing network that will provide them with a steady stream of masternode rewards for providing services to the network).

If you can not afford the 1000 Dash you can always check the hosting service providers here : https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867885
Dash Evolution in time will also bring decentralized masternode shares --> https://www.youtube.com/watch?v=N7T-a2xm5c0&index=7&t=254s&list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC
(something to think about for later on)

thanks for the answer. and yes i can't afford 1000 dash at the current price..... so i have to find an other coin to play with.

@vlom: yeh. It's a wallop of money! But my mob is saving its pennies. It'll be the first big investment of this type that we make. Cryptos are gonna go nuts in 2017 and 2018. Could you form an alliance of investors?