Re: [ANN][SYNX] SYNDICATE Ltd | Masternodes, PoS, Business platform
Should I run MN or stake on wallet? What different between them?
If you have the sufficient amount of SYNX to run a masternode, it is better to run it on a VPS rather than staking it. Yes, it requires some technical skills to run a masternode properly but the reward that you can get from it is well-worth the effort and the rewards are usually consistent. I've been running it for almost 2 months now and I've been getting great rewards especially when people destroy their MN to sell at a loss.
Try it for a week and see for yourself if you will be satisfied with it. I haven't gotten myself a VPS yet or learned how to set it up since I'm currently using Windows wallet, and I don't know anything about Linux distros yet. From what everyone has told me in chats before though it seemed it was a toss up whether you got more payouts from staking or masternode though so I haven't bothered. Is this not the case? I've got enough coins for a masternode now.. maybe I should learn how to set one up...
You don't really have to get a VPS. You can use VMware or something and run it on your computer.
I have mining rigs in my office so I use vmware to run ubuntu server while my coins are at my home computer. Of course I have different IP. I don't know for sure if masternode can run on same IP within VMWARE.
It doesn't hurt to try and get yourself familiar with ubuntu server if you never messed with it.