MARKEducation: MASTERNODES PART VI

How Secure is MARKMining Service?

https://www.mark-mining.com

How Is MARKMining secured?

When you sign up with MARKMining you will be amazed with how simple it is to register. We do not ask for your name, phone number or anything else during registration. All you need to register is your wallet address. No personal information needed.

You should know the process of the Masternode creation is anonymous and transparent and will stay on the blockchain forever. When you use blockchain explorers you can easily monitor service operations. You can track all your transactions easily and all transactions are usually public.

You do not need to be a professional or technical to sign up. The registration process only takes minutes to complete. You can sit back and get comfortable while collecting your miner’s fees. We offer shared Masternodes to groups of individuals who wish to participate.

Each Masternode runs on its virtual instance on secure, dedicated root Servers in Germany (www.hetzner.com). Hetzner is a top company providing the greatest service, with devoted root servers to address any issue. Top execution with an incredible connection. Providing top performance, 99.9% network available minimums, 10G Uplink, DDos protection, and 24/7 Support in English and German.

Hetzner brilliantly makes sure wallets are invisible to the outside. They are secured in hidden virtual instances on the secured root Servers in Germany, having no direct connection to the Masternode. The backend consistently monitors the packages for vulnerabilities while other systems prevent breaches based on the abuse.

MARKNetwork will be among the first services to enable its customers to easily participate in the growing Masternodes market.

Author Toni Tiger (TokenBit)

sharedmasternodes #pos #pow #proofofstake #proofofwork #markmining #masternode #nodes #mining #blockchain #marknetwork #markswap #pivx #dash #bitcoin #btc #zcash #masternodes

MARKEducation: MASTERNODES PART VI

How Secure is MARKMining Service?

https://www.mark-mining.com

How Is MARKMining secured?

When you sign up with MARKMining you will be amazed with how simple it is to register. We do not ask for your name, phone number or anything else during registration. All you need to register is your wallet address. No personal information needed.

You should know the process of the Masternode creation is anonymous and transparent and will stay on the blockchain forever. When you use blockchain explorers you can easily monitor service operations. You can track all your transactions easily and all transactions are usually public.

You do not need to be a professional or technical to sign up. The registration process only takes minutes to complete. You can sit back and get comfortable while collecting your miner’s fees. We offer shared Masternodes to groups of individuals who wish to participate.

Each Masternode runs on its virtual instance on secure, dedicated root Servers in Germany (www.hetzner.com). Hetzner is a top company providing the greatest service, with devoted root servers to address any issue. Top execution with an incredible connection. Providing top performance, 99.9% network available minimums, 10G Uplink, DDos protection, and 24/7 Support in English and German.

Hetzner brilliantly makes sure wallets are invisible to the outside. They are secured in hidden virtual instances on the secured root Servers in Germany, having no direct connection to the Masternode. The backend consistently monitors the packages for vulnerabilities while other systems prevent breaches based on the abuse.

MARKNetwork will be among the first services to enable its customers to easily participate in the growing Masternodes market.
 
Author Toni Tiger (TokenBit)

sharedmasternodes #pos #pow #proofofstake #proofofwork #markmining #masternode #nodes #mining #blockchain #marknetwork #markswap #pivx #dash #bitcoin #btc #zcash #masternodes

MARKEducation: MASTERNODES PART V

How does MARKMining Work?

https://www.mark-mining.com

How does MARKMining Work?

4th quarter 2018 (in development): MARKMining [PoS/PoW Masternode Sharing] as a Service

Simple – to – use, decentralized, no high tech professional desired, costless of advanced charges…

Masternodes are a unique way to mine cryptocurrencies and acquire mining fees of the cryptocurrency of your choice. As a decentralized part of the structure of blockchain servers, they accept the part of verifying activity. All the while at the same time securing the blockchain and the network. In return, the Masternodes are getting miners fees for the exercises conducted. Use Masternodes, relax and do not worry; let your cryptocurrencies work for you.

Here is how MARKMining Works?

MARKMining is a fully automatic, decentralized cryptocurrency masternodes hosting service. The more masternodes on a server the more secure the blockchain network will be. Securing every transaction on the blockchain. MARKMining also allows you to run entire masternodes or just parts of a Masternode. MARKMining is new cutting edge technology. Unlike many masternode hosting services with MARKMining you can actually set up with our platform to have a fraction of a masternode or the entire masternode itself. It is possible to start mining within some clicks, no technical knowledge needed. MARKMining is easy to use; soon to come will be short videos on youtube that shows you how to get on the server through mining masternodes. You don’t pay for hosting, there are no hidden costs involved.

Our server handles all the work, you can relax the masternode service automatically configures the server, downloads and synchronizes the blockchain and does everything for you. Platform service fee is 10% on average and charged only when the masternode mining fee, in return of the work done, arrive, 90% in average will be distributed automatically to the masternode co-owners.

The Problem: Running a Masternode is costly, you need to configure, secure and maintain a decentralized server. While the full blockchain is running you need the minimal cryptocurrency you want to accompany a masternode in the network.

The Conclusion: MARKMining is a standalone service, providing a service to its customers enabling them to participate in the growing Masternodes market.

Written By: Toni Tiger [TokenBit] and MARKNetwork

#sharedmasternodes #pos #pow #proofofstake #proofofwork #markmining #masternode #nodes #mining #blockchain #marknetwork #markswap #pivx #dash #bitcoin #btc #zcash #masternodes #rewards

MASTERNODES PART IV  

MARKEducation: WHAT IS A SHARED MASTERNODE

https://www.mark-mining.com
 
Explanation of a shared Masternode?

A Masternode is a server that has the predetermined digital money hub (full blockchain). This hub is synchronized and constantly associated with the digital currency arrangement. A masternode performs particular undertakings identified with exchange affirming and spread along the system. A Masternode is remunerated for these undertakings.

Consider masternodes a sort of mining however without the power utilization required for GPU apparatuses or ASIC gadgets. To get your masternode going, you ought to learn and understand the platform you want to use, in addition design the digital currency hub and server for it to work immaculately.

Not every person has can mine to run his own masternodes and take part in a miners fee as opposed to staking on the wallet, so consolidate the strength of a pack of individuals together who are in a similar circumstance, to raise mine enough nodes to run a masternode and after that all take an interest in the mining fee of a masternode.

Let us say I want Masternode mining fees and I would only like part of a whole Masternode by itself. I would then be able to go in with a group of people to request 1 part of a Masternode. Ten seats make up a Masternode each seat being 1 person. If Dash offers their ten seats for 1,000 coins total. Each seat would earn 100 coins just from acquiring into the Masternode. Simply, divide the 1,000 coins by 10 which equals 100 and that is how you get your answer of how much you would obtain in mining fees. Your reward would be 100 coins collected from the 1/10 of the Masternode you seat. Each person that seats a part of a Masternode will attain rewards. Also, if you choose to you can obtain more than one seat.

MARKNetwork Mining offers the Platform to be able to do this.

The Problem: Running a Masternode is expensive, you need to setup, secure and maintain a decentralized server where the full blockchain is running and you need to learn about mining and want to support and be accepted as a Masternode in the network.

The Solution: As you can see it in the historical backdrop of many group subsidizing locales, the group can make outlandish things conceivable. You acquire a mining fee from the Masternode alongside different benefactors and take an interest in the mining after the Masternode is made. You help to settle your coveted cryptographic money system and its environment.

Author Toni Tiger (TokenBit)

#sharedmasternodes #pos #pow #proofofstake #proofofwork #markmining #masternode #nodes #mining #blockchain #marknetwork #markswap #pivx #dash #bitcoin #btc #zcash #masternodes #rewards

MASTERNODES PART III

MARKEducation: How To Create Masternode Rewards  

How To Create Masternode Rewards

https://www.mark-mining.com

Why should I run a Masternode?

Besides the coin rewards that you get from running a Masternode, here are more reasons why you should consider a Masternode:

• It increases the privacy of the transactions

• It enables instant transactions

• It allows the user to take part in governance as well as voting

• It enables the treasury and budgeting system in cryptocurrencies.

While all Masternodes can do the above tasks, performance may slightly vary from one digital asset to the other based on how a Masternode has been implemented in a particular cryptocurrency.

How much do Masternodes reward?

The Masternode enables you to receive rewards from participating in network maintenance functions. However, there is no one-size-fits-all response on how much the Masternodes reward. Generally, it would depend on the following factors:

• The coin that you select to set-up a Masternode

• The party responsible for setting the coin rewards

• The market value of a coin in the future

For instance, running a Masternode for Dash is likely to earn you a reward of about 45% on every block, while miners get 55% which is split to all Masternodes. According to the Dash website that translates to 2 Dash every week. Per year, you end up with about 11% for your 1,000 Dash, all factors held constant.

Author Toni Tiger (TokenBit)

#sharedmasternodes #pos #pow #proofofstake #proofofwork #markmining #masternode #nodes #mining #blockchain #marknetwork #markswap #pivx #dash #bitcoin #btc #zcash #masternodes #rewards

MASTERNODES PART II

MARKEducation:  How to Run A Masternode

https://www.mark-mining.com

How to Run A Masternode

The Hosting of a Masternode needs a server with a dedicated internet connection. You will need to consider a Self-Managed VPS platform with support for backup and a simple to use interface.

An additional hurdle you need to hit here is the requirement of a high minimum operational coin balance attached to your wallet. Once coins are transferred to your wallet with the minimum quantity you are set to go.

Here is a short tutorial on how to configure a Masternode:

• Purchase minimum required amount of coins from an exchange, like from MARKSwap

• Install a wallet on the device of your choice, then synchronize it with the blockchain. (Some wallets could enable you to transfer the information as separate files that permit you to speed up synchronization).

• Send cryptocurrency to your wallet address.

• Set up receiving cryptocurrency address in your node wallet and remit the coins to your Masternode address. (This step permits you to get non-public keys and additional information needed for the setup procedure.).

• Now, set-up your node, you can use a private server at your home or by using a service provider like MARKMining who takes care about all the configurations and required security settings and maintenance works, or a server hosting company like DigitalOcean are some of the best selections to run this operation.)

• Upon building, putting in and configuring nodes to your wallet, fire up your server. (Allow the nodes to synchronize with the blockchain. Masternode should be set up in your desktop wallet.)

After following these instructions properly your Masternode will start earning you rewards.

Author Toni Tiger (TokenBit)

#sharedmasternodes #pos #pow #proofofstake #proofofwork #markmining #masternode #nodes #mining #blockchain #marknetwork #markswap #pivx #dash #bitcoin #btc #zcash #masternodes #rewards

MARKEducation: MASTERNODES PART I

WHAT IS A MASTERNODE?

https://www.mark-mining.com

Defining A Masternode

In Layman’s terms, a Masternode could be a server on a redistributed network. It’s used to complete distinctive functions in ways that standard nodes can’t, often used for options like direct send / instant transactions or personal transactions.

Because of their augmented capabilities, Masternodes usually need a large quantity of coins to run. However this can be where incentive comes into play, as Masternode operators are rewarded by earning parts of block rewards no matter what given cryptocurrency they’re facilitating.

No Masternode is alike, as every network has its own pros and cons. However, therein the same, each system approaches payouts in an exceedingly and completely different approach. Some cryptocurrencies disburse rewards to Masternode operators multiple times in a day, and some operators receive payout once daily.The advantage of this dynamic is that operators will still earn cash and supply a service to the network while not having to take a position in cryptocurrency mining gear.If inquisitive about changing into an associate operator yourself, you must “lock away” what is sometimes considered a large amount with a wide variety of coins.

Proof-of-Stake (PoS)

Many cryptocurrency users don’t recognize that Masternodes are extensions of Proof-of-Stake (PoS) coins. Proof-of-Work (PoW) coins invited the use of Masternodes. It shows that Masternodes aren’t exclusive to Proof-of-Stake based coins. With that being said, running a Masternode is PoS-like with the sense that you generate rewards in your desired cryptocurrency through a Masternode by holding your coins, similar to being rewarded using a loyalty program in a store.

Considering one thing: you’ll be able to receive rewards with a Masternode using PoS cryptocurrency, however you don’t want PoS cryptocurrency specifically to run Masternodes.

Author Toni Tiger (TokenBit)

#sharedmasternodes #pos #pow #proofofstake #proofofwork #markmining #masternode #nodes #mining #blockchain #marknetwork #markswap #pivx #dash #bitcoin #btc #zcash #masternodes #rewards