Smartnode collateral changing for masternodes

in #smartcash2 years ago

Smartcash was one of the more intriguing cryptocurrencies of 2017/2018. It hit a high of over $2.00 and currently trades at around $.01. They are still continuing to expand their reach.

I am not sure how many people out there have Smartnodes but this evening I discovered they are having a mandatory update to their wallet and masternodes.

This might be the biggest change they have ever had as they are now requiring masternodes to change the number of smartcash required for a masternode. When they first launched only 10k Smartcash were required for a masternode but the recent change will require 100k Smartcash for a masternode.

I am not sure how this will impact the coin but I guess only time will tell.

What do you think about this update??

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Well this is a bunch of crap. I just received my first Smartnode payment and I only have 12,000

Posted using Partiko iOS

It is sad for the regular investor.. I’m going to seriously think about how to approach this

Thank you for your continued support of SteemSilverGold

Well, goodbye smartcash. Been a massive loss for me anyway at this point. I'll hold onto it in case it miraculously does something eventually but I'm not hodling my breath.

With the price so low you could purchase 90k for less than $1k I think

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