MGEN Coin masternodes are essentially decentralized nodes that host a wallet with a collateralized amount of MGEN coins.
These nodes performed vital tasks such as:
- Adding layers of privacy to transactions
- Stabilizing the network
- Increasing network transaction speeds
- Providing financial incentives to node holders for each validated transaction
The MGEN blockchain rewards node holders with newly- mined MGEN coins daily, allowing them to earn passive income in return for securing the network. The return on investment (ROI) is determined by the number of masternodes and amount of collateral committed to the network.
The opportunity to operate a MGEN Masternode is available by invitation. Do contact us if you are interested to operate a PRIVATE MGEN Masternode.