P2P Coin— Investing in Masternodes Made Cheap and Easy
With the crypto market going through one of the longest downtrends in its history, buying and selling of coins on an exchange are becoming very unprofitable. As a result, it has become increasingly important to find wiser ways to get invested in the market with a long term outlook. So far, buying a
What is a masternode?
A node is basically any computers charged with securing a coins network, they ensure the integrity of such a coin.
By now you should know that the task of mining transactions on any coin network is not
Each of these individuals contributing to the security of a coin network is referred to as nodes. However, there are some nodes, who go beyond just verifying transactions and keeping coins stored in a wallet. These class of node host a copy of the Blockchain (coin’s ledger) on their computers. These nodes are referred to as a full node (masternodes). Simply put, a Masternode is a crypto full node (computer wallet) that supports the network by hosting an entire copy of the coin’s ledger in real time. For doing this, the masternodes are rewarded with coins.
Investing in masternodes seems really simple and straightforward on paper. However, it is quite complicated technically. Setting up a masternode requires a lot of technical experience and investment in some new hardware might be required in some cases. To make it easy for everyone to take part in master node investment, there are services offering to help set up a masternode for a cost. These services help to host your masternode and also helps to monitor the node. This is a welcome development for those who are interested in having a masternode registered under their names without having to worry about the technical aspect. However, there is a drawback to making use of services like this. The major drawback is that they are not transparent and you are only showed what they feel like showing you. If you happen to fall into the hands of scrupulous masternode dealers who will keep skimming off your coin rewards, the chance of breaking even, on your investment becomes almost non-existent and profiting becomes impossible.
Fortunately, a blockchain project designed to address this particular problem of transparency has been launched. Being a blockchain based project, you are sure of transparency, and accurate documentation of your profits. For those who don’t know, setting up a
The P2PCOIN Project
The P2PCOIN is an international P2P digital cryptocurrency used by P2P Platform as peer-to-peer electronic cash in return for the services offered. Currently, the p2pcoin is available for use on the P2P-COINS.PRO platform. However, new collaborations are in negotiation for the use of p2pcoin as peer-to-peer electronic cash on other platforms outside P2P-COINS.PRO.
On this platform, users who normally won’t be able to afford to pay for a full
Just like with any form of sound financial investment, profit is not stable. For investment in
Also, the time of entry matters a lot. If you are one of those who bought the master node before it becomes expensive all you need to do is relax and reap the profit without having to worry much about the prices.
The P2PCOIN project has been around for quite a while now and has built a reputation for itself as the number one go-to place for does interested in sharing