There’s a new way towards the future using “Crytocurrency”. This is being done with using Bitcoin currency. Bitcoin (BTC) is known as the first digital “cryptocurrency”. It was developed and released by an Independent Programmer named “Satoshi Nakamoto.”
Bitcoin’s market cap surpasses $138 billion in Digital Currency and buying and selling “Cryptocurrency”is available through the Bitcoin exchange platforms or “ATMs”.
In 2008 “Cryptocoin” did not have any centralized server. It uses a Network Public Database Technology named “Blockchain” Where it requires an Electronic Signature. It is to protects the security and legitimacy of your money transactions.
When you receive a “Bitcoin,” it build assets Up to 120%return per year through minting. All you have to do to earn this is to, hold your coins in your “Bitcoin wallet.” Anyone holding a “Bitcoin” in their wallet will receive interest in for helping to maintain the security of the network. The “Cryptocurrency“ is here to stay and with it are multiple opportunities for people to earn money.
Staking stands for holding a Cryptocoin in your wallet for a specific period of time and the amount of interest earned on it depends on the amount of time you’ve held it.
Proof Of Stake & Masternodes
This is the exciting world of proof-of-stake and “masternodes!” Mining is easy and you can do it from any computer no matter where you are and without special hardware. With BitcoinGreen you can download the software wallet to use your coins as collateral to generate mining rewards.
There are two options for Staking. One is staking and the other is “masternodes” Staking. Proof of Staking is the best option and you need 2500 in Bitcoins to have a masternode. As a general rule you should have a minimum of 100–200Bitcoins to your wallet for staking.
Proof of Staking or(POS) is where block rewards are given to those who helps to maintain the security of the network. This is done via proof of holding.
“Proof-of-stake mining made easy: “ First of all download the wallet. Then open up your bitcoin green wallet. Once inside the wallet, click the ‘Receive’ tab then click ‘Request Payment’ to generate a new wallet address. Send your Bitcoin Green to the address generated in your wallet. It is best to have at least 100–400 Bitcoins Then make sure to send your coins in a single transaction.
To stake, you should keep your wallet unlocked and connected to the network at all times. Keep sending coins to your wallet address then look for the Bitcoin Green logo in the lower right corner of the wallet. It will turn green once you are actively staking.
“Masternode Mining:” Mining with proof of stake is easy, because you can do it from any computer without special hardware.
Option 1: Uses an automated “masternode” setup service, such as NodeHost.Online or(https://nodehost.online/). A Automated masternode hosting services are easy to use. This is the easiest option, but it is slightly more expensive than hosting your own nodes. The Estimated Price: per month is $15.00 per node.
Managing and deploying masternodes requires technical knowledge and blockchain. It is more secure and easy to do for the average cryptocurrency user. If you’re prepared to manage your own nodes, you can find a “masternode“ setup guide here. Estimated Price: $5 per month, per node
“Masternode” Hosting: It’s worth the cost because you will get gain savings and knowledge by hosting your own masternodes. You can contribute to network consensus and governance if you’re ready to learn about “blockchain“. Automated hosting provides an easy option for those looking to spend less time managing nodes
.
You should first understand how Bitcoin Green and other POS/Masternode coins are created. This process requires both a proof-of-stake miner and a “masternode”. Whenever a new block is created, 15% of the block reward goes to the proof-of-stake miner, and 85% goes to the masternode. Each block requires both a staker and a “masternode.” See how to use the coins as collateral for generating each block reward. See the graphics below.
“Fully-automated and web-based:”No technical knowledge or downloads required. BITGEX is powered by Bitcoin Green an energy-efficient and sustainable Cryptocurrency. Because it is important that we should always care about our Carbon Footprint.
How to Buy and Sell CryptocurrencyWithout Paying Fees “What does it really cost to buy and sell Bitcoins:” The Complete Cost Index measures the overall cost efficiency of an exchange calculating the total round-trip of a transaction that flow’s to your bank to exchange and back again.
Detailed analytics dashboard: Watch your balances grow, receive notifications. Furthermore, this is all about the power of knowing and having access to real time data.
