Node 40 – Done-For-You Running, Hosting & Maintenance of Your Own Dash Masternode
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 20 January 2017
⏱️ 35 minutes
🧾️ Download transcript
Summary
The more nodes, the merrier, as more nodes means the Dash cryptocurrency network is healthy, secure and DECENTRALIZED.
Perry talks about incentivizing running a masternode (approximate payout is 8.8% per year) to attract more people & also explained the advantages of nodes to users, traders, and the network.
To run a masternode, you must have 1,000 Dash in your wallet. Perry explains some of the hardware requirements and other components involved in the node's creation, maintenance, and hosting.
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Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.9 | Future Technologies are poised to transform our lives for better or worse for the focus of this podcast. |
| 0:13.6 | Almost here means these technologies are now here and starting to be used. |
| 0:18.2 | We're just around the corner. |
| 0:19.7 | From Bitcoin to artificial intelligence, 3D around the corner, from Bitcoin to artificial intelligence, |
| 0:22.0 | 3D printing, blockchain, virtual reality, and more. |
| 0:25.8 | Hi, this is Richard Jacobs with Future Tech Podcasts, around the corner, almost here technology. |
| 0:32.1 | And I've got Perry Wooden, the founder of Node 40. Node 40 helps users maintain and run master nodes on the Dash network. |
| 0:41.4 | Is that right, Perry? |
| 0:43.0 | That's right, Rich. |
| 0:43.8 | Thanks for having me on. |
| 0:45.6 | Yeah. |
| 0:46.1 | All right. |
| 0:46.7 | You know, the introductions, they always know they're better spoken by the founders themselves. |
| 0:51.5 | So would you mind expanding upon my very brief description of what you guys do? |
| 0:56.7 | Yeah, I'd be happy to do that. |
| 0:58.3 | And for those who know me, I'm coming off the end of a stomach bug and a cold, |
| 1:04.7 | so my voice may not sound correct, but it really is Perry from Node 40. |
| 1:09.1 | So I'll let you know a little bit about who we are and how we got into this. |
| 1:15.5 | My interests that led me to blockchain and cryptocurrencies were really in economic incentives. |
| 1:25.2 | So, you know, how do you get somebody to do something for you? How do you get a task to be |
| 1:30.7 | accomplished if you don't want to just rely on altruism? So that led me to looking at kind of all these |
... |
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