Get to Know the Kalkulus Masternode
The main function of the Kalkulus masternode is supporting the network while providing instant and private transactions. This might mean multiple payouts per day or in a word a strong passive income, depending on the coin’s value. There’s an initial investment to think of but what suits most of the users is the fact that they possess a full control over their coins, so they can run the masternode as long as they consider it profitable. There are some specific features like a zero-confirmation transactions (SwiftTX), coin mixture and financial supporting system for the blockchain. In this article you’ll find information on how to make a profit and learn how to setup your own KLKS masternode.
How to Make Money From KLKS Masternodes
Kalkulus’ system aim to preserve the coin’s value with an allocation ratio between the masternodes in the system. The Proof-of-Stake mechanism is balanced with the use of See-Saw mechanism and the coins locked into your wallet. The last-mentioned system is able to alter the reward split for masternode operators and stakers, depending on the amount invested currently in masternodes. When speaking of the PoS, the higher amount you possess in your wallet, the higher your payout will be at the end.
If we should stick to an example, then let’s say the number of masternodes in the network are 1%, then the reward will be 90% for them and only 10% for stakers. If Kalkulus masternode users are keeping 10% of the network’s capacity, then their reward will be around 80%, when the rest goes for staking rewards. And so on, until we reach the point when 41,5% of the network is occupied by masternode users, then the share decreases and they’re no longer winning but the opposite.
Kalkulus Masternode Setup
MINIMUM REQUIREMENTS
- Ensure yourself the collateral of 20K KLKS by using an exchange platform like Crypto Bridge or Mercatox
- Download the official Kalkulus wallet
- Rent a VPS from a reputable provider like Vultr
- Make sure to set your IP to static
- There’s a full guide on how to set up your PC and VPS to run a KLKS masternode
- linux
- wallet
- kalkulus
How to Set Up a KLKS Masternode Step by Step
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Choose a VPS server to rent and consider the requirements of 1GB RAM and at least 10GB of free HDD. You can find a detailed VPS setup guide provided by the Kalkulus project.
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Use PuTTy or any other SSH software to connect to your VPS.
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Install the Core wallet on your PC and on your VPS, then allow it to sync with the network.
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Send the required collateral to your wallet.
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Run the Kalkulus masternode and check if it has started also on the VPS.