Cryptocurrency earning opportunities go beyond crypto trading, mining, and investing. There is cloud mining, masternodes, and many ways to earn crypto. Among all, running or owning a masternode is another way to make passive income with crypto. Earning through masternodes may seem intimidating at first, but gets easier with time.
It is advantageous to have multiple copies of a blockchain stored on various computers for each blockchain or cryptocurrency. It maintains network decentralization and raises the security level of the blockchain. The term ānodeā refers to a computer that has a copy of the blockchain downloaded. There are equipment with more advanced capabilities among them. They are known as masternodes. A masternodeās primary objective is to reject blocks that violate security guidelines or are harmful.