Dinero - Great Masternode Project waiting To Be Discovered

in #masternode7 years ago (edited)

Masternode projects are getting more and more popular. In case you don't know what masternode projects are, here is a short explanation. Basically, masternodes are cryptocurrency full nodes that are always up and running, but performing additional functions that regular full nodes don't perform. Some of those functions include increased privacy and speed of transactions, decentralized governence of the main blockchain etc. Main benefits of masternodes are increased performances of the blockchain in terms of security, privacy and speed, and the improved decentralization of the blockchain, thanks to high costs of running a masternode. Dash was the cryptocurrency that introduced masternodes to the cryptocurrency market. Now, we have more than 200 masternode coins, and, although Dash makes three quarters of this market, there are plenty interesting projects that become significant members of the crypto market in the future. One of the best projects in my opinion currently is Dinero. Source: https://dinerocoin.org/

What is Dinero? Dinero is new digital currency, based on Dash 12.2. Name of this cryptocurrency originates from Spanish word for money. Dinero’s goal is to enable everybody to make easy and anonymous payments anywhere in the world. Dinero Coin (DIN) is already present on four exchanges (Stocks.Exchange, SouthXhange, TradeSatoshi and Graviex), and you can trade it there. Like many other cryptocurrencies, Dinero is based on privacy, security, decentralization, scalability and open source code. So what makes Dinero so special? Dinero has the same goal as many other projects, but the way they are accomplishing that goal is impressive.

Developers from Dinero’s team are very active, open for communication and sugestions and very transparent in their work. There are many ways to communicate with Dinero’s team and to follow the development of Dinero. Also, there is an excellent roadmap on Dinero’s website, showing progress in every aspect of team’s work, including wallets, governance, exchange listing, partnerships etc. Source: https://dinerocoin.org/roadmap/ Dinero’s team hasn’t conducted an ICO, which is not so common these days. But that is a sign of team’s commitment to the project and long-term development, and that their goal is not to make easy money, opposite to some other ICO projects we saw in the past. As I said earlier, Dinero Coin (DIN) is already listed on five exchanges:

Cryptobridge: https://wallet.crypto-bridge.org/market/BRIDGE.DIN_BRIDGE.BTC

Stocks.Exchange: https://stocks.exchange/trade/DIN/BTC

SouthXhange: https://www.southxchange.com/Market/Book/DIN/BTC

TradeSatoshi: https://tradesatoshi.com/Exchange?market=DIN_BTC

Graviex: https://graviex.net/markets/dinbtc

Since it is a relatively new coin, it has not reached huge popularity yet, so it is very cheap at the moment especially considering the progress of development, which is fantastic if you want to buy this coin now. When it comes to wallets, Dinero’s team has done a great job till now.

Windows, Linux and Mac OSX wallets are already released. There is also a web wallet, while Android and iOS wallets are available on Google Play Store and Apple App Store respectively. If you prefer paper wallets, Dinero offers that option as well. On Dinero’s website you can find the download links for all wallet types.

At the end we will talk a little bit about its masternodes. I mentioned earlier what is a masternode, and how it differs from regular full node. Dinero’s masternodes are servers that run a Dinero wallet and make decisions, such as coordinate mixing of coins, and voting on budget funding. Masternodes are required to have 5000 DIN collaterals, a dedicated IP address, and be able to run 24 hours a day. Masternodes get paid a percentage of the block reward on every block, which is distributed to masternode holders daily.
Masternodes are a great way to learn more about cryptocurrencies, and properly understand how blockchain works. But, running a masternode has one more benefit - it is a great way to make passive earnings. The specialized website https://masternodes.online/currencies/DIN// has calculations for masternodes for many cryptocurrencies, including Dinero. Their data shows that Dinero’s masternodes can make 322% ROI on yearly base. Combine that with the great Dinero’s base project and the fact that Dinero is still at the beginning of its establishing on the crypt market, Dinero should be considered as an option for future investment.

Also you can mine Dinero with graphic-cards like Nvidia or AMD
here you can find some mining-pools https://din.overemo.com/pools

Community links

Bitcointalk: https://bitcointalk.org/index.php?topic=2828122.0

Discord: https://discordapp.com/invite/987UBd9

Twitter: https://twitter.com/DineroCrypto

Telegram: (german speaking community group) https://t.me/DineroCoin_Masternode

thats not a financial advice its only my personal opinion

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good article very informative. Keep it up

thank you very nice post

Followed and Upvoted, Keep up the good work and looking forward to more from you.

The noun is "advice" by the way. Great article

Thank you have corrected it

cool post tried to mine burst on my pc was trouble then it was worth i found that setting up was the most problematic as your anti virus does not like minning and blocks it or part of it constantly

Nice post! thank you for sharing!

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