Developers Forum for XinFin XDC Network

Discussion on: Proposal | XDCS Community MasterNode Staking Solution

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Salomon Morales • Edited on

Vote = YES
I do have questions about the proposal.

  1. Who controls the private keys to the wallet where the masternodes rewards will be deposited every beginning of each month? (maybe multisig)
  2. How many masternodes do you plan on launching? I ask because you have a price/year that amounts to a specific number.
  3. Have you accounted for masternodes being sold out before you reach your goal? The current maximum of nodes as of now is 300 on the network (core and standby together) and we are sitting at 217 staked nodes and very soon there will less nodes available.

This is a great idea. I think having community staking nodes is really awesome as this has been asked for years but it's been hard to implement. We have many XDC community holders that are looking at holding and earning rewards while doing so it's very enticing. I wish the best to you all and the future of this project!