Close Menu
Tipo de Cambio
    Facebook X (Twitter) Instagram
    Tipo de CambioTipo de Cambio
    • Inicio
    • Dinero
    • Bitcoin
    • Ethereum
    • Binance
    • Criptomonedas
      • Polkadot
      • Solana
      • Cardano
      • Shiba Inu
    Facebook X (Twitter) Instagram
    Tipo de Cambio
    Cobo Wallet Operates 30 Pooled Dash Masternodes Boosting Network Decentralization
    Dash

    Cobo Wallet Operates 30 Pooled Dash Masternodes Boosting Network Decentralization

    Robert SantosBy Robert Santosagosto 6, 2019No hay comentarios3 Mins Read
    Cobo Wallet Operates 30 Pooled Dash Masternodes Boosting Network Decentralization
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Rate this post


    Cobo wallet operates trusted Dash masternode shares equaling a total of 30 masternodes, bringing the portion of the network represented by fractional ownership past 1%.

    Source: https://cobo.com/pos/dash

    Cobo Wallet is a multi-cryptocurrency wallet that provides a single wallet solution for proof-of-stake, proof-of-work, and masternode rewards. Cobo wallet “allow[s] users to grow their digital assets through the original block rewards of blockchain”. Cobo wallet integrated Dash in April 2018 and shortly after enabled Dash users to combine their funds in order to run masternodes and receive a portion of the masternode’s rewards. At time of writing the services alleges to operatre 30 Dash masternodes.

    “We are thrilled to be able to provide Dash rewards to our users. On the one hand, we can keep providing stable masternode reward to our users. On the other, we will keep working on the technical cost, in turn maximizing our users’ return rate.”

    Cobo wallet also explained to Dash News that they charge 10% of total rewards as a maintenance fee. Cobo Wallet prides itself on using its infrastructure to secure funds via “a historically verified hot and cold isolated Hardware Security Modules (HSMs)”, which “are also commonly used in the traditional finance industry and in cryptography”.

    “So most of our user’s assets are stored in a fully offline, globally distributed storage HSM. With the HSM hardware and software layer protocols, we can ensure security during the generation and use of private keys. In addition, we employ a multi-signature mechanism to prevent funds from getting lost because of a single point failure.”

    Pooled masternodes make up a growing portion of the network, shifting decentralization statistics

    Cobo is not the only service offering pooled Dash masternodes. Crowdnode offers pooled masternode services as well, and has grown to operate 23 masternodes and over 500 members, along with fractional voting for proposals and network votes. The distribution of fractional Dash masternode ownership helps distribute control of the network among more individuals. Cobo’s 30 pooled masternodes, combined with CrowdNode’s 23 and Neptune Dash’s peak of 4 equal over 1.15% of the entire masternode network with a total of 57 known nodes at time of writing.

    Options for participating in running the Dash masternode network expand

    In addition to pooled masternode services, a number of additional innovations allow users to participate in the process of running the network where they otherwise may not have been able. SALT Lending started to accept Dash masternodes as collateral, including enabling users to borrow money for a Dash masternode while still earning the rewards and using it towards paying back the loan. Dash quickly became the second most popular collateral option on the platform and SALT partnered with NODE40 to further expand their loan operations. Deterministic masternode lists was one of the technological innovations that made this growth possible since it allowed individuals to share separate keys for each aspect of a masternode; owning the stake, operating, and voting. This further allowed Dash masternode owners to more safely delegate their masternode operations without having to put their investment stake at risk.

    Source: https://dashnews.org/cobo-wallet-operates-30-pooled-dash-masternodes-boosting-network-decentralization/

    Descargo de responsabilidad

    Toda la información contenida en este sitio web se publica solo con fines de información general y no como un consejo de inversión. Cualquier acción que el lector realice sobre la información que se encuentra en nuestro sitio web es estrictamente bajo su propio riesgo. Nuestra prioridad es brindar información de alta calidad. Nos tomamos nuestro tiempo para identificar, investigar y crear contenido educativo que sea útil para nuestros lectores. Para mantener este estándar y continuar creando contenido de buena calidad. Pero nuestros lectores pueden basarse en su propia investigación.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Dash Community organiza una convención en Europa que muestra el ecosistema global

    agosto 21, 2019

    Steve Capone of Voyager Trading App on Bitcoin Trading, Cryptocurrency Mass Adoption

    agosto 20, 2019

    Fidelity recibe más de $ 100 millones de dólares en donaciones de ciptomonedas para caridad

    agosto 20, 2019
    Siguenos
    • Facebook
    • Twitter
    También te puede intersar
    en

    What is Paul Dano net worth estimated? How did he get his fortune?

    mayo 17, 2025 en

    Paul Dano Net Worth is a topic that many fans and followers are curious about.…

    What is Timothy Dalton net worth estimated? How did he get his fortune?

    mayo 16, 2025

    What is Anderson Cooper net worth estimated? How did he get his fortune?

    mayo 15, 2025

    What is Jake Tapper net worth estimated? How did he get his fortune?

    mayo 14, 2025
    Tipo de Cambio
    Facebook X (Twitter) Instagram
    © 2025 Tipo de Cambio.

    Type above and press Enter to search. Press Esc to cancel.