Masternodes are computer servers, setup to serve the users of a particular cryptocurrency. They are a form of a super-delegate on a blockchain with voting rights. Basically this means owning a shit ton of a specific cryptocurrency that allows for masternode payouts. Masternodes manage a treasury fund which ensures the long-term viability of a crypto project. This focuses minds on the long term rather than cycles of pump and dump.
Masternodes generate yield, in crypto-currency. Hosting a Dash masternode generates Dash, a MUE masternode generates MUE. The yield varies primarily according to the masternode count and each coin might have different payout periods. PIVX pays out daily; Crown pays out several times a day.
To create a masternode, a user needs to hodl a specific amount of coin within a wallet. Below is a list I have discovered to contain masternode investing:
Dash Masternode
Crown Coin Masternode / Tron / Thrones
PIVX Masternode
MUE – Monetary Unit Masternode
Transfer Coin Masternode
Excl coin Masternode
On top of the financial aspect, masternodes are a great governance mechanism for decentralised organisations like cryptocurrencies. Owning own is not only about money, but also gives you a voice in the direction of the coin. Personally I think there is a lot to benefit from owning a masternode, or at least owning one with a group of trusted investors, especially if a cheap crypto can be discovered now that has proven itself in the future. Imagine owning a dash masternode a few years ago! I'm currently interested in participating in a PivX masternode, however ideally I would love to own a whole node myself, on a crypto thats much more unknown and cheaper with a great amount of potential.
