XDN Masternodes are a fundamental part of the XDN protocol layer and are responsible for processing and validating transactions as well as approving and fulfilling cross-chain protocols.
Running a masternode requires a collateral of 2,0000,000 XDN and are rewarded in the following ways:
Block rewards -- A percentage of new block rewards are paid to Masternodes by a serialized method which cycles through the list of active nodes.
How to Setup Your Masternode
You can set up an XDN Masternode in 5 minutes with our partners AllNodes and Ihostmn
There are 2 sides involved to successfully operate Masternodes:
This is where all of the work is done. You can either setup and maintain your own server using a VPS, or you can pay a hosting provider to keep your node updated and running smoothly for you. Coins are not stored on the server side.