Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ⭐ Snowgem ⭐ Equihash - No Premine - No ICO - Masternode soon
by
Digital Drug Lord
on 24/02/2018, 06:00:30 UTC
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.

why do we all run to coinsmarketcap like its the holy grail of  listings? Its getting a little out of hand, are there any sites that list ALL coins?