In this section, you will find all the guides on Mining, MasterNodes and Staking. These methods consist of securing and supporting blockchain networks to passively earn crypto-currencies.
Mining is the process of verifying crypto-currency transactions. This process is carried out by miners and makes it possible to operate the network and to secure it. Thanks to miners, transactions made are verified and included in the blockchain. It is possible to buy and configure the machines to mine yourself or to call on a management company that will rent the computing power. Miners are paid in crypto-currencies (Bitcoin, Ethereum, ...).
A MasterNode is a full node that owns a full copy of the blockchain. It performs, validates and transmits transactions on the network. The main advantage of a MasterNode is that this structure saves money. You just need to block a certain number of tokens / coins of the crypto-asset in question and you will be able to embark on the adventure.
Staking is the process of holding funds in a crypto wallet to support blockchain network operations. Basically, it involves locking down your crypto-assets to receive rewards. Staking has been gaining popularity in recent months and is attracting more and more followers.
Read More :