Lowering the entry point
of a Masternode.
The concept of Goldnode is simple. Setting up a Masternode is expensive and requires a lot of knowledge - so we offer a simple and intuitive platform to make the technical knowledge needed minimal. We also want to spread the costs and effectively lower the entry point, by introducing seats that resemble a share in a Masternode.
Goldnode offers the possibility for sharing masternodes by dividing the masternodes into 100 seats.
You do not need to wait for rewards! Everyday the payout scripts run their round and pays out all users rewards. Easy configuration from Dashboard.
Dismantling of masternodes is instant from the dashboard if you have 51 or more seats (majority 51%). This is so you can act quickly on market volatility.
All our nodes are randomly distributed in the different hosting locations in Europe and the US for full decentralization. Masternodes can and should be spread as much as possible.
There are no extra costs for the initial setup work or for the support and maintenance needed for smooth operations.
Goldnode takes a 10% fee on every reward that comes in. This is for our service and operational costs.
Goldnode takes a 10% fee on all rewards. This is covers all services and all operational costs.
If you own more than 51% (51 seats) you are in majority and can dismantle the masternode from your Dashboard at any time.
For a shared masternode with less than 51 seats its not as easy. We need to initiate a voting.
The purpose of KYC is mainly to ensure that unqualified people trying to involve in illegal money laundering activities can be stopped. Goldnode services are strictly forbidden to be used to convert money obtained under illegal money into legitimate assets.
After Masternode is up and running rewards start to come in. Everyday we will transfer all the native rewards (please read about payouts) and distribute them to seat holders. You can follow your rewards in your dashboard.
Masternodes require, as well as contributing mining power, a thorough investigation regarding many aspects to make the coin or platform worthwhile.
This means the risks are the same as with current day mining which are:
Goldnode takes security very seriously. Only one of the team members has access to our keys and they are stored in an encrypted database using the best and most secure encryption algorithms currently known.
We never ask for your private key ever. All transactions occur on a totally separate system outside of Goldnode.io Web Platform.
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