PoW - Proof of work means mining - you will need to find a solution to complex block calculations using specially developed hardware as well as high burned energy to keep the system running.
PoS - Proof of Stake, we ship all the hardware and burned energy. Validators just put their contributions (in the form of crypto assets) directly into the system, where they are rewarded in the form of transaction fees.
PoSe - The masternode system is referred to as Proof of Service, since the masternodes provide crucial services to the network. In fact, the entire network is overseen by masternodes.
MN - Masternode
Staking - Proof of Stake
Masternodes are servers within a crypto assets Blockchain that control and regulate all transactions between users and offer protection to both parties. They are the ones who process the information quickly and anonymously. Notably, masternodes control the blocks that are created by miners and have the power to destroy any they find to be defective. To be able to benefit from a masternode, a computer must be a dedicated server, or VPS. They must also possess a certain number of tokens in their portfolio and be continuously connected to the network.
The most crypto assets, is based on a decentralized ledger of all transactions, known as a blockchain. A blockchain is secured through a consensus mechanism. The consensus mechanism is Proof of Work (PoW) or Proof of Stake (PoS) The masternode system is referred to as Proof of Service (PoSe), since the masternodes provide crucial services to the network. In fact, the entire network is overseen by masternodes.
They way that a masternode gains a profit is by checking and validating the block of the chain. Another important thing to note is that when there are less masternodes involved, a network will be more the service.
There is no difference. At STAKEM, we use the term assets / crypto assets, rather than crypto coins.
There are very few crypto assets that are a crypto coin at the same time. since the fewest ones are used to pay or send as a payment via the blockchain Unfortunately, it is a widespread misunderstanding and gives some problems in explaining the blockchain space itself, as it does not make sense to use + 2000 different digital currencies or coins. But you might need multiple crypto assets or tokens assets to run the system.
It depends on different factors: what type of asset you choose, the value of the assets and how the algorithm on the blockchain for the specific crypto asset is set up. See the explanation of ROI and calculation. A masternode creates the best return when it is running for a longer period.
There are several guides for setting up a masternode online, STAKEM offers this service PoSe ( Proof of Service). It's free to get started, we have no startup fees or ongoing subscription costs. We earn a small percentage of the total return on the entire node. All you have to do is send us your crypto assets.
If you hold PoS-assets via STAKEMīs PoSe (Proof of Service), you will receive the staking rewards for those assets minus a administration fee for STAKEM hosting setup and support. It is really that simple.
ROI is independent of the crypto asset's market value. It is calculated solely on how many crypto assets are generated from the masternode. A masternode that requires 1000 crypto assets, which has a ROI of 100%, will then generate 1000 crypto assets in a year. The rate at which the node generates the crypto asset is changed, even though the required number of crypto assets to start the node is static, so ROI can be changed and calculations as an average over the last 24 hours.
STAKEM is af business that will bring legitimacy and widespread adoption to the masternode investment space. The team behind STAKEM has been working with blockchain and cryotp assets since the beginning and has been focusing on PoSe and PoS over the last few years, as they have seen that it is the future ahead of the highly polluting and power demanding PoW system. STAKEM will offer masternode pool service to all, as we consider it crucial that this very important and crucial part of the blockchain transaction approval process will not be a division of few but very large companies that account for that part but that it is the people and the whole community there is a part and get a part of the very large revenue that is and will come in the future.
The worst case scenario is someone gains access to your masternode server, but since no coins are there you are fully protected. All your crypto assets are safely stored on a cold wallet and have up to several backups.
As soon as the node is filled up with the number of tokens needed to run the node as a masternode, we put a time and data stamp on the node and the first payment will take place on the next Friday unless the node has not been running for 7 full days. That's the minimum period for a payment period.