Quote from: SoNiC_77Gr on February 05, 2018, 10:04:25 PM

Quote from: Max_Bvr on February 05, 2018, 09:57:06 PM

Quote from: SoNiC_77Gr on February 05, 2018, 09:45:55 PM

Hello friends!

I'm trying to understand what is Masternodes and I can't, whats the difference between this coin and other coins.. can someone please explain me with simple words?
Can we mine that coin? And if so how much is the H/s for an RX 580 8GB?

Thanks in advanced!

You can't mine this coins, the algo is x11, which is an asic algo. GPUs can't compete against it.

A masternode is like a systeme, where you coins are hold into a wallet, a certain quantity, 1000 for POLIS I believe.
The system is using all the masternodes to validate transactions etc, so you get rewards from it (coins) and that's how they are issuing new coins.

To issue new coins you have several systems : mining, POS, masternodes or all supply available directly, for exemple XRP.

Tried to explain, if someone see a correction i'll be glad to read it, but I think I got the big lines.

Thanks for that info. That now is a little more clear in my head.
But, you must invest as I read to "buy" this quantity of 1000 Polis which now as I see is about $11,266 to have some income, right?

Not really. You could probably just do a share of a masternode and still get a good amount of income by doing that. have a look around in some discussions about it and see what is right for you for example: https://discord.gg/N6zWQG