Wienchain — HELP GROW A WIN WIN ECONOMY FOR EVERYONE

The Wienchain Masternode.

Nodes and Masternodes are an increasingly discussed subject in blockchain lately. And rightfully so, because nodes are a critical component of a blockchain’s infrastructure. Without nodes, a blockchain’s data would not be accessible. You could say that nodes are the blockchain.

In the cryptosphere, there are several ways by which you can make profits and earn a handsome amount of money. And the best thing is that you can choose the best way that works for you and can accordingly adjust your reward/risk ratio. One such way of earning in cryptosphere is by running a Masternode, but before let’s dive into what is Masternode and how you can benefit from the Wienchain Masternode.

Masternode is simply a cryptocurrency fullnode or computer wallet that keeps the full copy of the blockchain in real-time, just like you have those bitcoin nodes and is always up an running.
A node in the digital currency is a computer that connects to a cryptocurrency network. It supports it through validation and relaying transactions, a blockchain exists out of blocks of data. These blocks of data are stored on nodes, Nodes forms the infrastructure of a blockchain. All nodes on a blockchain are connected to each other and they constantly exchange the latest blockchain data with each other so all nodes stay up to date. They store, spread and preserve the blockcahin data. So theoretically blockchain exists on nodes.

But on this write up emphasis is on the Masternode and specifically the Wienchain Masternode and how you can benefit greatly from it.
Masternodes are usually heavier equipped than normal nodes next to validating, saving and broadcasting transactions, masternodes sometimes also facilitate other events on the blockchain dependent on their nature, such as governing voting events etc. Masternodes are generally always online 24/7, and facilitates much more memory than normal nodes, you can as well say it hosts a very large server on the network.

Masternodes are very useful for crypto investors because of running a masternode, you are incentivized consider this as just earning a monthly or weekly interest on your crypto holdings.

Wienchain Masternodes:
Only two types of messages are utilized for the activation of the masternodes in the network, Masternode Information Message and Masternode Network Message, Wien Masternode are formed by depositing 25,000 WIEN to a wallet which will lead to the activation of the nodes, this will allow it to multiply across the network.
Wein Masternode members can attain this by reaching the following requirements:

• Own at least 25,000 WIEN
• Run a node which contributes to creating a consensus on Wienchain

Wien offers Masternode Network Incentive Program these Masternodes enhance the existing architecture of full nodes which are commonly used in the Bitcoin network, by providing an incentive to owners; therein ensuring consistent cost-to-benefit ratios. This is important because the upkeep of traditional full nodes rise exponentially as the network expands and owners often resort to measures that cause the quality of service and speed of transactions to decrease. The node must store a minimum of 25,000 WIEN for the Masternode to get started. Once activated, clients on the network will receive services from the nodes and get an incentive bonus.

These payments for Masternodes are taken from the same block reward that are shared among the governance, PoW and the masternodes, with an estimate of 49% of total block reward being assigned to Wien Masternode Incentive Program. Masternodes’ incentive tends to differ according to the current total activated Masternodes of mainly because the incentive program has a fixed amount of percentage whilst Masternodes network fluctuates.
Join Wienchain now and get you very own Masternode and all its benefits.

Important Links:

OFFICIAL WEBSITE
TELEGRAM
INSTAGRAM
FACEBOOK
WENXPRO

Author:

Forum Username: steph00leblanc
Forum Profile Link