What is a Masternode?
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 masternodes one at a time.
What is the reward for running a Masternode?
You can find this in our FAQ section of the webpage.
How long does it take after starting a masternode to switch to enabled?
When you first start your node, it can take up to 30 minutes to switch from either PRE_ENABLED or Watchdog_Expired to ENABLED. Do not be alarmed and do not restart the alias. Every time the alias is restarted the process has to start over again.
How long before I receive my first payment?
The first payment is always the longest. You can expect it to take up to 12 hours longer than the payments received after that. The reasoning for this is it takes the network a bit of time to find and accept your node as part of the system.