Study Reveals Dash Masternodes Yield 18% ROI
Alongside its recent block size increase, the digital currency Dash and its Masternode system reveal the protocol is doing more than just governance features. According to a recent study, a Masternode holds similar value to a bond and has given those who operate a node a substantial annual return of investment. Dash Masternode Study Shows an Annual 18%....
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In June of 2015, the cryptocurrency Dash had approximately 2,500 nodes. The network then rolled out a new user role which they call the “masternode,” and began paying masternodes half of the block reward (same as the miners). In the last four months, the Dash network has added almost 1,000 nodes, increasing its count by 40% for a total today of over....
Blockchain service provider Node40 has announced the conclusion of its beta phase. The Albany, New York-based company hosts and assists the growing number of Dash Masternodes on the currency’s network. Node40: A Masternode Hosting Platform. According to Node40, its beta phase has been successful, the company seeing significant business growth since Dash....
Since August 31st, 2015, when DASH left the largest exchange Bitfinex this cryptocurrency has had to cope with difficult times. Despite its technical originality and regular updates the DASH price continues its downtrend. Most traders are not ready to wait for DASH to be recognized. But, on the level 0.05 - 0.06 it could be a good time to buy, as the number of masternodes isn’t falling, which means that we are talking about speculative attacks.
Dash has implemented their “masternode” system, which involves dividing the block reward into three parts: 45 % goes to the miners, 45 % goes to masternodes, and 10 % is being set aside for Dash project funding. Developers Evan Duffield and Daniel Diaz write that the masternode system is “an incentivized two-tier model, rather than the existing single-tier model in other cryptocurrencies such as Bitcoin.” Their goal is to avoid a reduction in the number of full nodes, the likes of which has been seen in Bitcoin over the past year. Nodes are especially important to the maintenance of the....
The cryptocurrency Dash has seen a significant price spike over the past couple of weeks. Dash even acquired the cryptocurrency market capitalization top three position, and is priced over US$46 at the time of writing. Some cryptocurrency enthusiasts have applauded the significant rise for various reasons, while others believe the pump just doesn’t add....