Running a masternode requires 25,000 N808 collateral for as long as you choose to run the masternode, and allows the owner to vote on budget and development proposals. These nodes are the backbone of the present and future services offer on the New808coin network, and as such are, on average, rewarded at a slightly higher level compared to staking similar amounts.

Masternodes

New808coin is proof of stake cryptocurrency to be based on the version 0.10 or higher Bitcoin codebase. The PoS structure utilised does away with coin age, meaning in order to get the most out of your staking you must keep your wallet open at all times, resulting in more constantly available nodes, strengthening the network. No more users opening their wallet once or twice a month for a few minutes and getting rewarded equally with those that have 24/7 up-time with their wallet.

Code Base: PoS 3.0

SwiftX transactions are confirmed and spendable within seconds. SwiftX transactions are guaranteed by the network of masternodes, with no need to wait for multiple confirmations in order to be confident in the validity of the transaction.

SwiftX