Quote from: GuncoinInfo on January 08, 2019, 06:45:42 PM

Quote from: akeladroid on January 08, 2019, 12:04:24 AM

Good news. Required coins for masternode?

Way to early to tell that - will be based on current prices once we start work. At current prices, 5 MIL GUN = $1500 that is a reasonable amount for a node we think. But again - mapping our current coin architecture where we want to go, may require several interim steps and once we have the path determined, we know prices will increase in anticipation. The idea is to take some coins out of circulation - 10 nodes at 5MIL would do that for sure - reduce the circulated coins by almost 20% or more. But again, we have not finalized a number as yet or determined if the cap will stay the same or move. We are happy to hear what the community thinks about it though.

If you did go the masternode route, wouldn't you want more then 10 nodes? That seems like a very small number to me when typically masternode coins have hundreds of nodes each. I would think that a number 10x that would be the minimum to aim for. Of course it depends on what actual utility a Guncoin masternode offers.