Post
Topic
Board Announcements (Altcoins)
Re: [ANN] The Divi Project [DIVI] - The First Crypto for Mainstream Adoption
by
gmacc
on 16/10/2017, 04:51:56 UTC
Very interesting project! I'm not sure I understand the masternodes part completly.

On your medium article you've said that the Level 5 Masternode has about 10x more chances of getting a reward that the Level 1. What does that mean? When a block is discovered the reward will not be spread across all masternodes (even if L5 will get more coins than L1), therefore the reward for a block going to just only 1 masternode at a time?

Thank you!

Having a masternode is like being a miner.  It gives you a chance to earn the right to add a block to the blockchain.  If your masternode is a higher level, you get an extra multiplier effect that improves your chances to win the block.  Like this:

1000 Coins - Level 1: Copper
3000 Coins - Level 2: Silver +5%
10,000 Coins - Level 3: Gold +10%
30,000 Coins - Level 4: Platinum +15%
100,000 Coins - Level 5: Diamond + 20%

This encourages people to hold onto more coins, and try to accumulate more to reach a higher level.  More people holding coins means more stability in the network, and more scarcity of coins, which helps the value.  Owning a masternode also allows you to participate in the governance system and have a vote in the future of the Divi network itself.