2018 It’s the Year of the Masternodes in the Crypto World
Digital currencies like Bitcoin and Ethereum frequently make news headlines. These cryptocurrencies’ capacity to serve as a store of value, lightning-fast transfer speeds, or at least the advent of the lightning network for Bitcoin, and Ethereum’s Casper switch to pos and smart contract capabilities enable cryptocurrencies to be more than just money. Due to the extra incentive it provides to owning a portion of a particular currency, masternodes coins are currently all the rage.
You could come close to visualizing a masternodes coin if you could picture your beloved blue-faced $100 bill taking steroids. Proof of stake is a method of verifying transactional hashs in the cryptocurrency world that upholds consensus and keeps everyone on the same page, ensuring that no transactions can be double spent and that the network consensus is in order. By using the money you already have and connecting your digital wallet to the network to support its upkeep, you can stake your coins in exchange for rewards for assisting with transaction validation. You must have a specific number of coins active on a network and set up your masternode according to the setup instructions for the currency you intend to invest in. Amazingly, the additional incentive is greater than simply staking your coins; it can even be as high as a 1500 percent annual increase in some cases. The Masternodes market is receiving a great deal of attention and investment as a result of these astronomical returns on investments.
The Tattoo Allince Token, which will be a side chain on the Egem blockchain, is one cryptocurrency that plans to release a Masternodes coin in early 2019. It aims to disrupt the tattoo industry by creating a tokenized rewards system for both people looking to buy tattoos and the artists who look forward to tattooing the artwork in exchange for the token. The addition of long-term benefits for tattoo artists, who as of yet lack a 401(k) or incentive program, will be made possible by this brilliant and novel idea, in my opinion. Since this cryptocurrency aims to generate great rewards and enhance a sector that relies heavily on cash, I have high hopes for it. Along with the Masternodes features, I think it will also include staking, a smart contract protocol, decentralized autonomous governance, and a membership rewards system. Watch for more information about the TAT Masternodes token early in 2019.
