WHAT IS MASTERNODE ?
Masternode is simply a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time, which is always up and running. Masternodes are slightly different in their functionality compared to normal nodes and are entitled to varying forms of incentives for providing their services.
For setting-up a masternode, you have to commit and buy-in a considerable amount of particular crypto coins and hold them in a wallet that is always up and running. And in return for providing resources to host a masternode, you get native cryptocurrencies in reward.
HERE'S TOP 4 MASTERNODE FOR PASSIVE INCOME
1.DASH
Minimum Masternode Amount: 1000 DASH
Income:
$55 daily & $20,000 yearly
DASH is a popular cryptocurrency which ranks among the top 20 cryptos on CoinMarketCap. And Dash only pioneered the way for masternodes by developing unique incentives for masternode service Dash masternode generates $55 daily, which is roughly $20,000 annually considering the current price of Dash.
2.PIVX
Minimum Masternode Amount: 10,000 PIVX
Income:
$5 daily & $2000 annually
Another cryptocurrency that forked out of DASH and is now in top 100 coins is PIVX. PIVX also provides masternode functionality as well as staking as it is a proof of stake coin, unlike Dash. And here the masternodes are used for voting, sending instant transactions and preventing double spends. Also, by looking at current PIVX price ticker, you can calculate how much initial investment would be needed to run a PIVX masternode.
Pivx masternode is generating $5 daily which is around $2000 annually at the current price of Pivx.
3.BLOCKNET
Minimum Masternode Amount: 5000 BLOCK
Income:
$45 daily & $16,000 annually.Masternode Blocknet dubs itself as the ‘internet of blockchains’.The Blocknet Protocol is a true peer-to-peer protocol between nodes on different blockchains, which enables the transfer of data and value between blockchains and opens the door to cross-chain payment. And it also employs the strategy of masternodes too as it is a POS coin.
Blocknet masternode is generating $45 daily which is around $16,000 annually as per the current price of Blocknet.
4.ZCOIN
Minimum Masternode Amount: 1000 Zcoin
Income:
$19 daily & $7000 annually.
Zcoin, also known as XZC or Zerocoin, is an open source decentralized cryptocurrency that focuses on achieving privacy and anonymity for its users. Zcoin is also the first crypto to implement zerocoin protocol on it to ensure confidentiality and anonymity. It also implements the concept of masternodes known as Znodes specifically for performing Zerocoin transactions.
Zcoin masternode in today’s times is generating $19 daily, that adds up to around $7000 annually at the current price of Zcoin.