5 Masternode Cryptocurrencies in which to invest

While cryptocurrencies become more and more popular, a large number of people start to take an interest in them. Although some people turn to cryptocurrency for practical reasons, others are only interested in technology, while the vast majority of people simply search for a quick way to make money.

One of the most popular ways to make money with cryptocurrencies is by elegantly buying coins and holding them until they increase in value. Another well-known method for making money with encryption is to extract coins.

Coins based on the Fist Proof algorithm allow any interested party to validate transactions by committing a certain amount of coins. Users are rewarded through a system often referred to as "stakeout", which usually involves placing tokens in a compatible portfolio.

However, there is another way to earn money with cryptocurrencies, and this is with the help of masternodes . This method requires more effort than the stakeout procedure, even though a masternode is essentially a form of stakeout.

As mentioned earlier, picketing requires a portfolio, but in the case of masternodes, users must also have a computer that can take on the role of a server. The computer in question must be connected to the Internet 24 hours a day, 7 days a week.

Once the computer is ready and the server is configured, you need to install the masternode application and bind some coins over the minimum threshold specified by the token protocols.

Once these conditions are met, the masternodes are always involved in helping to validate transactions on the blockchain. Since they operate on a daily basis, they almost always pay for that contribution which translates into a steady stream of revenue.

The main disadvantage of masternodes is that they usually require large sums of money to be staked. That said, if one has some cash and computing power and is looking for a long-term investment, then the masternode coins are an alternative that is worth considering.

To help you get started, here is our list of 5 cryptocurrencies masternode worth investing in:

Dash (DASH)

Dash is "a revolutionary system of digital money" and one of the cryptocurrencies most popular to date is ranked a respectable 14th place on CoinMarketCap . Dash was also the first cryptocurrency to implement the system masternode .

Considering that at the time of this writing a Dash coin is worth $ 178.31, a Dtern masternode is undoubtedly a serious investment, as the net requires a 1,000 Dash token to start.

Other technical aspects worth knowing are the fact that the masternodes divide 45% of the block's reward and that, once every 380 days, the reward of the block is reduced by more than 7%. In addition to financial investment, users should be aware of the fact that setting up and maintaining a Dtern masternode requires a little patience and a reasonable amount of know-how. Users should be ready to learn what it takes to configure a virtual private server and edit many configuration files.

For more information, consult our previous article on DASH .

Zcoin (XZC)

Zcoin is a cryptocurrency that focuses mainly on achieving privacy and total anonymity for its users. Zcoin is currently ranked 92nd on CoinMarketCap, with a total capitalization of $ 73,132,911. Just like Dash, you can purchase a Zcoin masternode with 1,000 XZCs. Zcoin's masnode protocol is called Znode and requires a computer with Linux, plus a lot of Putty and command line knowledge from its users.

More information on how to set up a Znode masternode can be found on the crypto official website .

 zcoin roadmap 2018 01 1024x1024 "srcset =" https://usethebitcoin.com/wp-content/uploads/2018/08/zcoin_roadmap_2018-01-1024x1024.png 800w, https://usethebitcoin.com/ wp-content / uploads / 2018/08 / zcoin_roadmap_2018-01-1024x1024-150x150.png 150w, https://usethebitcoin.com/wp-content/uploads/2018/08/zcoin_roadmap_2018- 01-1024x1024-300x300.png 300w, https://usethebitcoin.com/wp-content/uploads/2018/08/zcoin_roadmap_2018-01-1024x1024-768x768.png 768w "sizes =" (maximum width: 800px) 100vw, 800px "title =" zcoin roadmap 2018 01 1024x1024 "/> </p>
<p>  Source: <u> https://zcoin.io/ </u> </p>
<h2>  PIVX (PIVX) </h2>
<p>  PIVX is a popular virtual currency that is part of the selected club of the so-called coins for the Privacy: Currently ranked 93rd on CoinMarketCap, the currency promises faster transactions, as well as greater security and privacy than most other currencies.The PIVX token is called PIVX, and is dis placed in a stock of 55 million, even if only 30 million are currently in circulation, since it is said that 20 million of these coins are already aimed at portfolios or masternodes. </p>
<p>  To perform a masternode on PIVX, 10,000 PIVXs are required. Another noteworthy aspect is the fact that it provides a lower return (around 5.74% per year) than other currencies. The execution of a PIVX masternode involves users with a Linux computer or a Raspberry Pi, both with unique IP addresses. </p>
<p>  For more information on how to set up a PIVX masternode, users can read more information <u> here </u>. </p>
<h2>  Phore (PHR) </h2>
<p>  Currently ranked 394 on CoinMarketCap, with a market capitalization of $ 73,025,936, <u> Phore </u> is definitely not a very popular cryptocurrency. However, the currency has begun to attract the attention of an increasing number of investors interested in the masternodes thanks to its good rate of return (40%). </p>
<p>  To run a Phore masternode, users are required to invest 10,000 coins. Currently, Phore has over 500 hundred active masternodes. </p>
<p>  Further information can be found on the official website <u> of the digital currency </u>. </p>
<p>  <img class= Source link