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Digital currencies like Bitcoin and Ethereum are making headlines every day. The characteristics that make these cryptocurrencies unique are their ability to act as a store of value and lightning-fast transfer speeds, or at least with the advent of the Lightning Network for Bitcoin and Ethereum, Casper Switch to POS and its smart contract features, cryptocurrencies are more than just money. Now everyone is talking about Masternodes coins because of the added incentive to own a percentage of a certain currency.
If you could imagine your good old blue-faced hundred dollar bill on steroids, then you’d be close to imagining a masternodes coin. In the cryptocurrency world, the proof of stake is the transaction hash confirmation method that maintains consensus and keeps all notes on the same page so that certain transactions cannot be duplicated and everything is fine with network consensus . Staking your coins is a way to use the amount of money you have and sync your digital wallet with the network to receive them and in return you will be given an incentive to validate the transactions. In order to operate masternodes, one must have a set number of coins running on a network and follow the masternodes setup instructions for the currency in which you want to invest. The added incentive is amazingly more than just staking your coins, in some cases up to 1500 percent annually. It is these astronomical returns that are really bringing a lot of attention and investment to the masternodes market.
One crypto that is planning to release a Masternodes coin in early 2019 is the Tattoo Allince Token, which is said to be a side chain of the Egem blockchain that will support the tattoo industry by creating a tokenized reward system for both people who want to buy tattoos, as well as for artists who look to create further to apply the artwork in exchange for the token. I believe this is going to be an amazing and refreshing idea, and a great way to create long-term benefits for tattoo artists who have not yet set up a 401k or incentive program. I am optimistic about this crypto as it seeks to generate great rewards and add value to a cash heavy industry. I believe that in addition to the masternodes features, it will also offer staking and a smart contract protocol, as well as decentralized autonomous governance and a membership rewards program. Look for more information on the TAT Masternodes token, which will be available early next year.
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Source by Christopher Cunningham