Masternodes
By CoinGecko | Updated on Mar 03, 2020
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined. To create a masternode you need a large amount of coins from the cryptocurrency for which it is developed.
Related Terms
ROI
Short for “Return on Investment”, the ratio between the net profit and cost of investing.
BUIDL
An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
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