Building a Masternode

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Masternode Cryptocurrency
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What is Masternodes?

• A Masternode is a server on a decentralized
• network.
• It is a cryptocurrency full node or more like a
• single-computer wallet
• It keeps a full copy of the entire blockchain.

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Functions Performed by Masternodes

• Increasing transaction-privacy
• Effecting Instant Transactions
• Participating in Governance and Voting
• Enabling Budgeting and Treasury systems on the
• blockchain

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Requirements to Run a Masternode

• It requires a sizeable investment because of the
  enhanced capabilities
• A stipulated minimum amount of coins in that
  cryptocurrency. For DASH the cryptocurrency
  that pioneered
• Masternodes you need 1000 DASH Units.
• A VPS or a server to host the wallet without
  downtime.
• A dedicated IP address for the server
• Adequate storage space to save the entire
  blockchain

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Why Pay for Masternodes?

• Masternode system improves the blockchain by
  splitting it into two networks one works like a
  regular network, and on the top of it, the other
  incentivized network of powerful notes provide
  the higher-level infrastructure.
• While the upper network works on the
  proof-of-work, the lower network does all the
  calculations regarding the transfer and the
  incentives..

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Why Pay for Masternodes?

• The Masternode treasury also enables a community
  to coordinate resources and efforts to develop
  the network, so there is no need to beg for
  external sources for funds.
• In most cases, many cryptocurrency-networks have
  dedicated a part of their rewards to funding bug
  bounties or even controversially revolutionary
  projects like genetic research on hemp.

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Building Masternodes

• Building a Masternode requires Linux programming
  knowledge.
• However, it is the non-technical and the business
  aspects of building one that makes it a
  challenge. 
• You can entrust the building of your Masternode
  to trusted organizations like Blockchain App
  Factory, and we will do the hard work of choosing
  the right cryptocurrency and configuring the
  hardware, so your investment remains an
  investment and doesnt slip down into the
  territory of being just a spending!

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Touch with Blockchain App Factory
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