Hey guys, I have already started mining it because it looks like a promising and interesting project.
Please excuse my noobness I am fresh into the crypto mining business, can anyone explain why does snowgem not appear on this site
https://coinmarketcap.com/all/views/all/Also what does it mean for a currency once it has a master node, especially with regards to snow gem!
Thanks in advance !
The coin is not on CoinMarketCap because the total volume isn't high enough to meet their listing qualifications. A masternode has several functions depending on the project. It relays transactions, provides anonymity to senders and receivers, and it helps stabilize the network. One of the perks of owning a masternode is you get a certain percentage of the block reward simply for hosting a masternode. The masternode implementation isn't expected to be operational until Q3 this year. Also, it is still being discussed on what the collateral should be.