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TopicCrypto General #15: Stop Whining
FLUFFYGERM
01/20/18 2:58:56 PM
#438:


ItsYourFault posted...
FLUFFYGERM posted...
CapnMuffin posted...
FLUFFYGERM posted...
CapnMuffin posted...
Nice gains again. Sweet.

ALQO stabilizing above $3 surprisingly. That masternode income now is like... basically what I make on my current paycheck :0


Haven't you guys had your master nodes for like...a couple weeks only? It's really too short a time frame to know if it's actually real income or if it'll just go to $0 before you guys earn back what you put into the master node in the first place.

Isnt that a possibility for any investment/crypto? Not sure what your point is. All I know is Ive made $700 so far from the MN and transferred that into BTC.


My point was that you shouldn't get excited about your master node until it has a proven track record of at least a year. Other coins have had master nodes that were expensive and that died out within a few months.

how do MN work? without wasting too much time explaining. You are hosing a node to the blockchain?


Yeah, the tl;dr you are responsible for a node that people go through when validating transactions. That responsibility requires certain up-time commitments, like making sure the node is online 24/7. This means electricity costs, internet bandwidth costs, etc. Your reward is a portion of the traffic that flows through your node.
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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