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DASH Masternode

DASH Masternodes are providing a steady passive income stream for investors in crypto for years. DASH is a masternode crypto that was forked from Bitcoin (BTC), and introduced Masternodes to the crypto community. DASH Masternodes were invented by Evan Duffield as “Xcoin” in 2014 and was rebranded in 2015 into DASH as a portmanteau of “digital cash”. At the peak of its popularity DASH had a market capitalization around $4.3 billion as one of the top cryptocurrencies in 2017. Another popular Masternode coin is Vechain (VET) and since 2019 FYDcoin (FYD).


What is a master node

To understand the definition of a Masternode, its best to first understand a regular node in crypto.

(Tip) **If you are new to cryptocurrency and have no idea what a regular node is, FYDwiki is a great portal for beginners to learn more about the basics of crypto** >> https://fydcoin.com/masternode

A masternode can only be hosted by a masternode investor if the requirements to host a masternode are met. For most masternode coins, the requirement is collateral in the cryptocurrency of the masternode. For example: to host a DASH masternode, it is required to lock 1,000 DASH in a DASH coin wallet.


Masternode coins

After DASH, other crypto projects such as Vechain expanded on the idea of a Masternode. Currently there are many masternode coins available for investors with each having their own risk/reward profile. It is important to do research into masternodes online prior to investing, diversifying a cryptocurrency portfolio is also advised. Masternode coins can be a great investment, an addition to your crypto portfolio or a way to generate a passive income for a relatively small investment.


Masternode ROI

The return of investment of a Masternode is determined by several factors. For example the price of a masternode coin, the time between a masternode payout and the stability of a Masternode project. In general the larger the market capitalization of a Masternode coin, the smaller the price movement. Reduction in the masternode payout can also influence the ROI of a Masternode. The larger cap cryptocurrencies that have masternodes are DASH and Vechain.