Get to Know the DeviantCoin Masternode

DeviantCoin is a decentralized blockchain supporting Proof-of-Stake algorithm with masternodes build on Zerocoin protocol. The development team strives to achieve mass adoption of one safer and more accessible coin infrastructure with lower fees. All DeviantCoin masternodes are working on specific tasks constantly in order to provide faster and more private transactions. In its nature, DEV is a PIVX fork but with many tools and features to ease your daily routines.

I want to familiarize you with some of the most common and useful features of DevianCoin. Let’s start with the anonymous transactions via Zerocoin. It allows a user to perform untraceable transactions and never reveal the details of the previous owner of the coins in question. The instant transactions via SwiftX guarantee instant confirmations with the help of the masternode network while the average confirmation takes around 60 secs. And at last, the right to participate in the network governance and public votes. The DEV masternodes serve as management and development community because they are allowed to vote and suggest votes for particular changes, innovation or issues.

How to Make Money From DEV Masternodes

DeviantCoin masternodes are full nodes running on a separate server and they are operating 24/7 as network`s validators. The required collateral to establish one is equal to 5000 DEV. As a host, you will hold and stake those coins to ensure the stability of the network and of course to benefit and increase your income. Each block reward is divided between stakers and masternodes in the proportion 1-9, while 90% are counted as masternode reward. The current block reward is at 14.67 DEV and it’s decreasing with 18% each year.

DeviantCoin Masternode Setup

MINIMUM REQUIREMENTS

  • Purchase exactly 5000 Deviant coins from Crypto Bridge or CoinExchange
  • Download and install an official wallet compatible with Windows
  • Rent Vultr VPS with Linux OS 16.04 or higher with minimum 1GB RAM and 25GB hard drive
  • Ensure a static IP for your VPS and SSH software to connect to it
  • linux
  • wallet
  • deviant

How to Set Up a DEV Masternode Step by Step

  • Find VPS provider with dedicated IP address. The minimum requirement for the VPS is 1GB RAM, 20 GB hard-drive space and 1 core CPU
  • Configure the VPS. You need to install OS, preferably Ubuntu 18.04 or higher. Then, connect to the VPS with SSH software like PuTTy
  • Install the official DeviantCoin wallet.
  • Supply your masternode wallet. Purchase and place the exact amount of 5000 VET in your masternode wallet
  • Re-start your wallet to to confirm the connectivity and be sure that it’s running properly. Furthermore, check the status of your DeviantCoin masternode within the VPS

Sean Boyle

HARDWARE ENGINEER

For in excess of six years I have been actively using diverse methods to mine various crypto coins. In search of optimal profitability with limited resources I have engaged in using various masternodes to earn rewards in a passive manner..

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