Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CHC] ChainCoin - Cryptopia & Novaexchange - Required update 0.9.3.1
by
zackie
on 03/10/2017, 19:43:04 UTC
I have a general question regarding masternodes. When I set up a masternode, to which address will the rewards be sent?
According to the instruction, the address 0 should have the 1000 CHC in it, not more and not less. Will the software generate
more address to which the rewards are being sent?
And when I move my rewards to another address, does the software ensure that the address 0 ist blocked, so that none of the
1000 CHC coins are being moved?

Thanks for helping me to understand the masternode principle better. Smiley
I'm looking at my wallet now, and it appears that the rewards are sent to the same address that contains the masternode's "stake" 1000 CHC. 

First question answered. Even though that makes no sense. Have you ever withdrawn the rewards? How does that work without touching the
initial 1000 CHC? I mean, this coin should work like Bitcoin with inputs and outputs...