Masternode

The masternode system is referred to as Proof of Service (PoSe) - provide crucial services to the network. Miners power the first tier (PoW), Masternodes power the third tier. The owner of masternode earn reward for PoSe. Each masternode is “secured” by 5000 Bsgcoin Those Bsgcoin remain under the sole control of their owner at all times, and can still be freely spent. However, if the funds are moved or spent, the associated masternode will stop receiving rewards.

 

### Base Specs:

  • Algorithm : SHA256d
  • Block Time : 1 minute
  • Maturity : 90 blocks
  • Difficulty Retargeting : every block
  • Masternode collateral: 5000 BSG

### Masternode Rewards: (check height block: Bsgcoin Explorer )

  • Since block 1,500        : 25 + fees
  • Since block 40,001      : 17 + fees
  • Since block 200,001    : 11 + fees
  • Since block 400,001    : 7   + fees
  • Since block 1,000,001 : 4   + fees
  • Since block 2,000,001 : 3   + fees
  • Since block 4,000,001 : 1   + fees

 

How to setup a Masternode on Ubuntu VPS?  Read more

How to setup a Masternode on Windows VPS?  Read more