Post
Topic
Board Announcements (Altcoins)
Re: [PHR] Phore - 100% PoS 3.0 - Masternodes - Zerocoin - Governance No ICO/Premine
by
NoxX
on 19/12/2017, 10:51:21 UTC
4.2 PHR is the current masternode reward. You can set up a masternode to send the rewards to a different address from where the 10k PHR for the masternode are held, so theoretically you could have a new address with 0 PHR receive 4.2 PHR masternode rewards.

What would be the benefit doing that? As I understood, all your PHR in the wallet are staking, independant from which address they belong, right?

Forgot to say on my previous question, the one I checked with +2.8PHR had 10.500PHR in the account, that´s why it made confuse, as I assumed would be a MN.

Thanks for your answer and clarification  Wink

The 10k for the masternode are not staking, in fact if they would stake, the masternode would "break", as the 10k collateral would not be intact anymore. You can still stake anything other than the 10k on the masternode address, but some people like to keep the masternode "clean" and send the rewards to some other address or even a different wallet.

You could have the MN running on a Raspberry PI / a different PC / a cloud service and send the rewards to your local PC. Or you are selling the rewards on an exchange. Or some other use-cases I'm not currently thinking of Wink