TWINS will introduce a truly decentralized exchange platform and proof-of-stake blockchain network with cross-chain atomic-swaps capabilities to facilitate the direct transacting of value between network users.
Masternodes are nodes in the currencies network that fulfill a specific function beyond simply relaying transactions. In Dash’s case, they enable the InstantSend, PrivateSend, and the Dash Treasury System. Other crypto-currencies such as Crown plan to use master nodes to host decentralised apps amongst other things. This contrasts the system of i.e. Bitcoin, where a Node is simply a server relaying transactions.
Since Masternodes fulfill special functions for a cryptocurrencies network but do cost money and effort to operate, they are incentivized by gaining a share of the block rewards in their respective cryptocurrency. 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. This makes masternodes a form to earn "passive income" on cryptocurrencies without having to run expensive mining equipment.
Anyone can run a Masternode. The objective is to have enough of them for decentralization so nobody controls an important fraction of Masternodes. However, there is one condition that usually has to be fulfilled: You have to stake a certain amount of coins in your masternode.
In a new paradigm of crypto economics, the most important and critical function is the ability to store and exchange our digital assets in a secure manner. Centralized exchanges have been proven to be unreliable and insecure, often hacked or abused. We believe that in order to advance the mass adoption of crypto, a new architecture must be introduced to enable secure and direct peer-to-peer value exchange. The true philosophy of blockchain, is to eliminate the need of middleman and to enable transactions without having to place trust in third parties.
Most masternodes coins aren't listed on large exchanges like Bitfinex, Binance or Bittrex and will require you to go crypto-hunt onto smaller exchanges (where the smart money shops for new coins) like Cryptopia, Coinsmarkets or NovaExchange.
What Do Masternodes Do?
Masternodes –
Increase the privacy of transactions
Help carry out instant transactions
Allow for voting on proposals to improve the coins
Enable a treasury system in the cryptocurrency markeet
The function of a masternode depends on the crypto-coin and how they have been implemented in the network.
About TWINS
TWINS will introduce a truly decentralized exchange platform and proof-of-stake blockchain network with cross-chain atomic-swaps capabilities to facilitate the direct transacting of value between network users. There will be no fees for the direct peer-to-peer exchanges, as these transactions are performed directly between user wallets. The TWINS cryptocurrency will be used to power the exchange platform for buy and sell order listings and to reward the community-supported and decentralized hosting of network nodes.
as far as I have learned, not many crypto projects offer real benefits or not physical products that can be used.
Full details here: https://win.win/
Zwietracht: https://discord.gg/SAMDbxV
Twitter: https://twitter.com/TWINS_Coin
