Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Workbit - Freelance platform
by
Daimonion
on 08/01/2021, 12:34:55 UTC
What is a masternode and how can you make money from it?
Masternodes are nodes in the cryptocurrency network that are responsible for verifying and approving transactions. Also, the list of responsibilities includes increasing the speed of work and user safety.
Masternodes are servers or computers with a static IP address. The prerequisites for work include a running wallet, full synchronization with the blockchain and round-the-clock activity.
The full functionality of masternodes depends on the type of coin. In the same Dash, anonymous transactions pass through masternodes, and without a queue.