That sad..., running masternode need 1k dash deposit is on a very high risk
No risk at all. My MN funds are on a trezor. Before that, I kept them off line in a jump drive / cold storage.
When update the masternode software, should i have to re-enable the cold wallet online to make the remote masternode work again? how the network know the 0 dash remote masternode have 1k dash?
If you update your masternode software within 1 hour you do not need to restart the masternode from your cold wallet. You simply update the masternode to the new code, start it on the VPS and you are good to go. It takes just a couple of minutes for the most time. Even less if you use some helping tools like Dashman.
If you take more than an hour, a new start masternode command must be initialized from the cold wallet.
The masternode points to a transaction showing it holds control of a 1000 Dash collateral and that it has the private keys to the address.
Thanks for your replied, i am going to setup a masternode, just need to buy 300 more dash..
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
That sad..., running masternode need 1k dash deposit is on a very high risk
No risk at all. My MN funds are on a trezor. Before that, I kept them off line in a jump drive / cold storage.
When update the masternode software, should i have to re-enable the cold wallet online to make the remote masternode work again? how the network know the 0 dash remote masternode have 1k dash?
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency