Masternode

Ticker: DGM

Type: PoW/PoS Hybrid


Last PoW block 48000 - Approximately 70 days


POS Only Phase Begins after block 48000

Algorithm: X11

Block Time: 180 Seconds

Difficulty Re-targeting: Every Block

Max Coin Supply: 25.000.000 DGM

Premine: 1.5%

PoW Block Reward From Block 2 Until Block 48000: 50

PoS Block Reward From Block 2 Until Block 48000: 5

PoS Block Reward From Block 48001: 10

PoS Masternode Reward: 65%

Coins Required For Masternode: 2500

Default Port: 33290

RPC Port: 33291

Masternode is a server on a decentralized network. It is utilized to complete unique functions in ways ordinary nodes can’t. It can be used for features like instantX and Darksend.

Masternodes are required to have 2500 DGM collateral, a dedicated IP address and be able to run 24 hours a day. Masternodes get paid 65% of the block reward on every block, which is distributed to masternodes one at a time. 

 

What do I need to host a Masternode?

-2500 DGM

-A server or a VPS online 24 hours a day

-A dedicated IP address: These usually come with the VPS/server.

-1 GHZ CPU

-1 GB RAM

-Linux, Windows and network knowledge

-Instruction Guide: Can be downloaded here

Block Reward until block 48000

Block Reward after block 48001

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