Node40 Leaves Beta, Claims to Bolster Dash Governance
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....
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Node40 has a reputation for establishing a stable hosting environment with ceaseless uptimes, and is becoming well known within the Dash ecosystem due in large part to the company’s method of incentivizing the blockchain network. Financial Reporting With Node40. However, Sean Ryan and Perry Woodin — the team behind Node40 — are working on a new system for financial reporting that they hope to release to the public in the coming months. This new tool or utility, dubbed “Masternode Financial Statements,” enables efficient and accurate reporting to the IRS. For Dash users this inspires....
While entrepreneurs identify Blockchain as a revolutionary technology and a prospective business area, what are the challenges associated with the actual implementation of Blockchain technology? CoinTelegraph spoke to the founders of Peer-to-Peer (P2P) node support company Node40 to learn the most challenging aspects of their business since launching in 2015. Node40 is the premier Dash masternode service provider, focusing on automating the commissioning process and supplying a monitor for their customers to view the health and valuation of their nodes. Perry Woodin, Founder at Node40,....
As the #3 cryptocurrency in the world for consumer payments behind Bitcoin and Litecoin, Dash is in the spotlight for doubling its blocksize (from 1 MB to 2 MB) recently. Furthermore, the alternate currency claims to be superior to Bitcoin in a number of ways such as: aiding in better person-to-person commerce due to its instantaneous transactions; a rewarding structure that includes a portion to pay for the development of the network and distributing Dash governance to a far more wider pool that includes an instant vote for all stakeholders who run a node of 1,000 Dash or more. CCN spoke....
With a current return-on-investment of 10-18% annually, many are wondering how to launch a Dash masternode. Luckily — unlike in the world of mining — detailed information on how to begin is not difficult to come by. But for interested investors who don’t own 1000 Dash now and won’t in the foreseeable future, what is a protocol-level, decentralized solution for the long-term? Masternode: A Basic Overview. A Dash masternode requires only two things: a basic computer and 1000 Dash in a single address. The computer can be a home setup, a Virtual Private Server (VPS), or a masternode-specific....
Ryan Taylor, head of finance at Dash, claims the bitcoin blockchain’s practice of paying the entire blockchain reward to miners is faulty, in a piece on EconoTimes. He claims Dash, which allocates less than half its rewards to the miners, offers a more promising future. Taylor said it makes no sense to devote all of the network’s resources to a single task out of many that are needed to sustain the network. The article was written by Brandon Kostinuk, the communications leader at Vanbex Group, a crypto marketing firm that serves Dash. What Dash Does. Dash allocates only the amount it deems....