HomeCoinsZero (ZER)Zero (ZER) Masternode Hosting on Pecunia | by Zero Currency | Zerocurrency...

Zero (ZER) Masternode Hosting on Pecunia | by Zero Currency | Zerocurrency | Oct, 2021

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Zero Currency
Zero (ZER) Masternode Hosting on Pecunia | by Zero Currency | Zerocurrency | Oct, 2021

On blockchains like Zero’s, full nodes store a complete copy of the ledger, connect with peer nodes, and process/validate transactions. Because they are so important, coins like Zero provide incentives for running transaction-validating full nodes that can be trusted, called masternodes. These nodes are trusted because operators provide collateral (10,000 ZER) during set up.

For Zero, 25% of the reward for each new block on the chain goes to a ZeroNode (1.35 of 5.40 ZER). Fewer ZeroNodes in the network mean that each node earns more ZER per day. At the time of this article, there were 104 ZeroNodes running, earning on average 8.1 ZER per day for a return on investment of 29.57% per year. Current numbers can be found on the ‘Wallet Info’ tab of the ZeroWallet.

Statistics on Masternodes



Source

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