I have to admit this is the first time I read about Masternodes , I was puzzled about the fact that I read this a lot of times and didn't understand anything at all, so I decided that I couldn't keep this lack of knowledge about the subject anymore. Now, after reading the article like three times, I have to say that I have even more doubts that I had before; although I'm motivated to learn more about this matter.
What I learned:
- A masternode is basically your computer lending its power to improve the transactions of a cryptocurrency, the masternode operator gets benefited from it.
- Obligatorily you will need to use a VPS and a certain amount of cryptocurrencies in your wallet to run a Masternode.
- You will need to learn about masternodes before you start using them. Do not rush.
This is what I understood, if I'm wrong, please correct me. Definitely I'm going to learn more about this as it looks profitable.