a Rupaya Masternode ?
Rupaya Masternodes are like your very own secured savings account. You deposit 10,000 RUPX, and you are rewarded with 1 Rupaya masternode. This entitles you to earn rewards (think interest), as well as participate in the governance of RUPX itself. Rather than the bank telling you what to do, you control your wealth and well, the bank itself! Better yet, your funds never leave your possession, and you remain securely in control at all times. The big deal is that these Masternodes can become quite valuable over time, as they become the foundation of the Rupaya community and network..
is a Masternode ?
Masternodes are mighty elements of the Rupaya network. On the one hand, you can think of them as your very own private savings account (you put 10,000 RUPX into a locked account, and in return you are rewarded). On the other, Masternodes are what help secure the community and relay transactions across the network.
function of a Masternode
Masternodes are nodes running the same wallet software on the same blockchain to provide extra services to the network. These services include coin mixing for increased privacy of transactions, instant transactions and a decentralized governance that provides a decentralized budgeting system with an immutable proposal and voting systems.