There is a growing subset of cryptocurrencies known as masternode coins. Masternode coins operate similarly to Bitcoin and other cryptocurrencies but with one notable difference; they utilize masternodes as opposed to full nodes. This offers a range of functionality not provided by other cryptocurrencies including instant payments, anonymous transactions, and more.
As a reward for providing these valuable services to the network, masternode operators are compensated in the form of block rewards, similar to cryptocurrency miners. For instance with the masternode coin Dash masternode operators earn the same reward as miners, or 45% of the total block reward.
While operating a masternode can be profitable and fulfilling for venturing cryptocurrency supporters and enthusiasts there are some challenges to getting started:
· Launching a masternode is a highly technical process and goes beyond the scope of most users’ abilities.
· Launching a masternode requires a minimum holding, or stake, of coins to get started. This stake can require 10’s to 100’s of thousands of dollars.
The Nukleus platform solves the two big obstacles preventing more users from launching masternodes:
· One-click masternode hosting allows users to launch a masternode with incredible ease — no advanced technical ability required.
· Masternode pools allow users to pool their masternode coin holdings with other users to launch a masternode. Now users with any amount of masternode coins can enjoy the benefits of running a masternode.
We have an ambitious roadmap and development is underway. The Nukleus team expects to launch our full-site including masternode hosting in April 2018. By August 2018 we will have completed our token sale and launched our first masternode pools. By December 2018 we plan to support at least 10 masternode coins for hosting and pool services.
The Nukleus platform relies on the Nukleus token (NUK) for users to consume our services. There are 21B NUK in existence of which 70% will be available via token sales. NUK will not be subject to buy-backs, dividends, coin burning, or any other means of passive appreciation.