Steem, Halo and Masternodes
STEEM is the base currency token on Steemit. STEEM can be powered up into STEEM Power, traded for Steem Dollars, and transferred to others. It's a cryptocurrency token like Bitcoin.
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Blockchains like Steem and Bitcoin produce new tokens each time a block is produced. Unlike Bitcoin, where all of the new coins go to the block producers (called miners), the Steem blockchain allocates a majority of the new tokens to a reward fund. The reward fund gives users tokens for Steemians participating in the platform.
STEEM is the standard Cryptocurrency tradable on various exchanges. Its value can fluctuate just like any other coin.
What is a Masternode? What about a Halo Masternode? A Masternode is a cryptic full node (computer wallet) that supports the network by hosting a copy of the ledger in real time. The Masternode will receive crypto coins as a reward. It is a great way to earn extra income overtime.
The Halo Platform Next Generation Blockchain with Multi Coin Support and Native HALO Coin
The Halo Platform is powered by a high speed, secure and fee free blockchain. Platform partners can expect a fully supported system, with fine tuned platform API's.
Features:
Open sourced blockchain forked from Ethereum, utilizing the Raft Consensus protocol
Near instant transaction speeds, stress tested at a sustained 5000 transactions/sec.
HALO coin as the native platform cryptocurrency
Also supports Ethereum and ERC-20 token standards
No transaction fees and ZERO gas
Smart contract enabled lso supports Ethereum and ERC-20 token standards
The HALO Coin is listed on the following exchanges:
HaloDEX - https://www.haloplatform.tech/downloads.html
STEX - https://app.stex.com/en/basic-trade/pair/ETH/HALO
LATOKEN - https://bit.ly/2JmcYVj
About The Halo Platform Masternode and more Masternode Info by Halo-Scott! :
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The V.2(Second Version) of the Halo Masternode will send all Ethereum and Bitcoin Rewards produced from In-Game wagers into a Reward in addition to your current Halo Rewards whilst running a Masternode. This is currently being built, until then V1 will be the Primarily Masternode.
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Steemit,Tron, Eos are in the Plans for potential Payouts!
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This project is incredibly under the radar right now...the real takeaways from this blog post are that they have a working decentralized exchange, and a games division that has launched two working and profitable titles with cryptocurrency wagering available in Halo coins or in ETH, with other coin and token support coming. This means that Masternode holders will receive a share of service fee rewards in more than one currency. What a great way to build a diverse portfolio over a long time frame. Masternodes FTW!
So true! V1 is still pretty awesome, it is effortless and simple.
Not to mention, it's also a great way to incorporate a bigger ROI%
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Thanks for the great explanation.
ty for this article nzt