?>

Allnodes Allows Users to Host a Masternode or Stake in Minutes

4 k views
Allnodes Allows Users to Host a Masternode or Stake in Minutes

Allnodes is a reputable Proof-of-Stake (PoS) infrastructure provider and Validator. The network offers a variety of services, including cloud hosting of Masternodes and Full Nodes. Users can also stake their tokens on the platform and earn even more rewards. There are currently over 33500 hosted nodes operating on the network with a value of over $1B.

What Problems Does Allnodes Attempt to Fix?

Allnodes strategy helps to eliminate centralization in the market. The open nature of the protocol and low entry costs provide a more democratic staking solution to the market. For example, to stake ETH 2.0, you need to lock up 32 ETH. This financial barrier limits the participation of regular users. Allnodes level the playing field by allowing users to do their part and earn rewards for their efforts.

Technical barriers

Technical barriers are removed using Allnodes. Operating a node can require some experience and technical know-how. You need to ensure your hardware is quality and your internet connectivity remains top-notch. PoS networks can penalize and even backlist nodes with low internet connectivity. Allnodes eliminates these issues for users.

Benefits of Allnodes

Allnodes users obtain a bunch of cool benefits. For one, the platform offers a secure automated process for staking and node hosting. The interface is easy to navigate and requires no experience to figure out. The entire process is simplified, and there are helpful descriptions along the way. Notably, you can set up and begin staking your coins in minutes.

Non-Custodial

One of the biggest benefits to Allnodes users is its security protocols. The network functions as a non-custodial PoS network infrastructure provider. You never have to send your funding to a large hot wallet to participate in Allnodes. Non-custodial platforms experience far fewer hacks than centralized custodial networks because they don’t hold large accounts full of users’ coins.

Customer service

Allnodes offers users 24/7 customer support. You can also get answers to your questions right away using the official Telegram and Discord bots. The Allnodes community can be helpful, and there is a FAQ section that answers the most common questions asked by new users.

Reliable

The top reason to consider Allnodes for your node hosting needs is its uptime. The platform utilizes redundant systems and geographically located data centers to achieve a 99.9% uptime. This uptime level ensures that your node is never penalized and remains a top option for the network.

Community Rewards

Aside from the technical aspects of Allnodes, there are also a bunch of cool bonuses, rewarding challenges, airdrops, and competitions to enjoy. The developers are constantly introducing new contests to keep you engaged, and the rewards are automatically distributed to your wallet if you win.

How Does Allnodes Work

Allnodes accomplishes its task of simplifying node operation in a couple of different ways. The network integrates an Intuitive UI that takes the stress out of node operation on the front end. You can find all the features you need at a glance. Here are some of the core components of the network.

Masternodes

There’s a variety of Masternodes you can join or host your own. Users gain access to a multilayered monitoring system that ensures their node remains online. You can also track the Masternode and staking rewards of any address on the network to ensure transparency. Each network’s Masternode requirements differ. Some require a qualification period.

Full Nodes

The easiest setup is Full nodes. Full nodes cost less to operate and still provide decent ROIs. Currently, Allnodes has Full nodes available in 15 cities. The interface automatically keeps you in tune with your node via updates and a real-time uptime monitor.

Stake Coins

Staking is another popular feature that is sure to attract users. Staking protocols require you to lock your coins into a smart contract. In return, you receive rewards based on the amount and time your staked your coins. Allnodes offers non-custodial staking options which allow you to earn rewards while your coins stay in your wallet. Best of all, you can start staking in less than 2 minutes using the interface.

History of Allnodes

Allnodes (Official Website) is an LA-based firm that entered the market in May 2017. The firm has grown its staking and node hosting options since it first entered service. Today, Allnodes continues to serve its users with new features and network integrations monthly.

How to Get Allnodes

You have two plans to choose from when you sign up for Allnodes. The Basic Plan is great for starters. You prepay for the year or monthly for Allnodes hosting services when you select this option. The basic plan is available in 1 European location, and there are also some additional setup fees associated with the account.

The second option is the Advanced Plan. This plan gives you a plethora of features such as API access, priority support, and a free trial option. You are guaranteed a 99.90% uptime with this option because your node is hosted on a VPS. Notably, DigitalOcean and Linode host these nodes. This plan also integrates a high bandwidth of 1 Gbit/sec as part of the package.

Allnodes – Anyone Can Host a Masternode

Bitcoin coin symbol
Btc
Bitcoin
$62.547
price
red chart
decrease symbol0.84959%
price change
TRADE NOW

Allnodes simplifies node hosting. You don’t need to invest in expensive hardware or even learn technical specifications to start earning passive crypto rewards. Allnodes has removed these barriers and offers users a simplistic entrance point into the market. As more investors enter the blockchain sector and more PoS networks go live, Allnodes appears to be ideally positioned for the future.

Previous

Coin Market Manager Lets You Track Your Net Worth in Real-time

Next

Tips and Tricks to Automated Cryptocurrency Trading

Written by

David Hamilton

@DavidtheWriter

143 posts

David Hamilton, aka DavidtheWriter, has published thousands of articles on cryptocurrencies across many top-performing platforms. In addition, he has written multiple whitepapers for successful crowdsales and has even pioneered his own token launch strategy called the ISO (Initial Story Offering).

VIEW AUTHOR

More author posts

The Top 3 Bitcoin Blockchain Explorers For Your Needs

Learning about Bitcoin blockchain explorers is a great way to further your crypto education. These helpful platforms make it easy for regular users to leverage the complete transparency of the Bitcoin blockchain. In the early days, there were only a handful of explorers available. Today, the market is full of an excellent selection of platforms that offer unique features and services. What's a Blockchain Explorer A blockchain explorer is a software program that enables users to examine specific details about a particular blockchain.…

ZenLedger – Keeping Crypto Investors out of Tax Trouble

ZenLedger is a tax software suite geared towards the DeFi and cryptocurrency communities. The protocol integrates various unique features. They enable users to save time and effort when filing their crypto holdings with tax authorities. The system is completely IRS compliant and integrates with other popular tax software. Why ZenLedger Could Help You ZenLedger serves an essential role in educating investors and providing users with crypto tax information and services. The network streamlines the process by introducing automatic forms and advanced…

LunarCRUSH – Helping Investors Decipher the Social Media Buzz

LunarCRUSH operates as a social media analytics and aggregated research tool. The platform enables users to gauge previously tricky metrics such as public sentiment towards a project. The system simplifies the process through the introduction of a proprietary scoring system and more.  LunarCRUSH continues to see growing popularity in the sector. As such, the network has expanded its efforts. Today, LunarCRUSH monitors over 30,000 links collected daily. These links span over 200 million social media posts and across +2,000 supported cryptocurrencies. How…

Top 5 Multi-Blockchain Explorers to Check Out

Blockchain explorers are a critical component of the decentralized ecosystem. These protocols enable users to search for detailed information on the blockchain, such as a transaction or wallet balance. Blockchain explorers have come a long way since crypto's early days. Here are the top 5 multi-blockchain explorers to check out. Blockchain Blockchain offers more options and networks than Blockchain.com. The network enables users to search across 17 blockchains from the convenience of one easy-to-navigate explorer. As a result, users save time and…

Never Miss a Crypto Event Again – Coinmarketcal

Coinmarketcal supplies valuable information about crypto-related events to the market. The network was born out of a desire to provide an organized location. There, investors could find vital data about the ever-expanding crypto market. Today, the platform offers an extensive suite of features. These services enable investors to monitor for potential catalysts across the entire industry. History of the Coinmarketcal Coinmarketcal entered the market in 2017 to create one place to find all helpful crypto-related events. At that time, the market was going…

Open Sea – A Pioneer in the NFT World

Open Sea is one of the most reputable NFT marketplaces in existence. The network enables users to buy, sell, and explore collectibles, game items, Art NFTs, and various other digital goods. Notably, Open Sea was the first NFT marketplace to enter the market. This pioneering spirit enabled the platform to establish and maintain a dominant position in the market.   Today, Open Sea still operates as the largest NFT marketplace in terms of the daily trading volume. The network has +4 million…

Publish your own article

Guest post article. Guaranteed publishing with just a few clicks

START PUBLISHING ADVERTISE WITH US

Browse categories

Explore trending topics in the crypto community right now.

Bitcoin

SEC Greenlights Multiple Bitcoin ETFs, Signaling Major Leap for Cryptocurrency Markets

The U.S. Securities and Exchange Commission (SEC) has made a landmark decision by approving 11 spot bitcoin exchange-traded funds (ETFs). This move represents a significant moment in the cryptocurrency industry, marking a shift towards greater institutional adoption and accessibility for investors. The approved ETFs include products from major firms such as BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin…

Bitcoin Should be Banned in the United States: Charlie Munger

Berkshire Hathaway’s vice chairman, Charlie Munger, called for a ban on cryptocurrency in the United States on Monday, similar to the one in China.  In an op-ed published with the Wall Street Journal, Munger argued that Bitcoin isn’t a currency, commodity, or security, but simply a form of gambling “ with a nearly 100% edge for the house. As such, the enactment of a federal law should ban such things from happening. Munger cited the Chinese communist party’s ban on…

Tesla’s BTC Positions Remained Unchanged in Q4 of 2022

According to a new earning report from automotive manufacturer Tesla, the company did not sell any of its BTC holdings in the fourth quarter of 2022. Amid speculations that the company had traded BTC during the testing bears, CEO Elon Musk revealed it was yet holding on to its BTC stash. Tesla Maintains Holdings After Initial Sell-Off In Q2 of 2022, Tesla opted to sell 75% of all its BTC. The car manufacturer received close to $950M in exchange. Notably,…

Here’s When Grayscale Debates the SEC in Court on its Bitcoin Spot ETF

The District of Columbia Court of Appeals has marked a date for when Grayscale and the Securities and Exchange Commission (SEC) may present oral arguments regarding the approval of a Bitcoin spot ETF.  Each side will present its case at 9:30 am ET on March 7, with the SEC arguing against the product, and Grayscale arguing in favor.  Grayscale VS SEC The court date – revealed in a court order filed on Monday according to CNBC – is much earlier…

MORE ARTICLES

Ethereum

Ethereum’s Zhejiang Staking Withdrawal Testnet for Shanghai is Live

At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…

Ethereum Devs Disagree Over Technical Tweak as Shanghai Upgrade Nears

Post-merge Ethereum users have been eagerly awaiting the commencement of the network’s next major upgrade, Shanghai. However, after over 3 months of prep time, it appears the Shanghai rollout isn’t going as smoothly as expected. What Exactly is the Shanghai Upgrade? In September last year, the much-publicized Ethereum Merge also known as the Ethereum 2.0 upgrade went live. Ethereum underwent some significant changes as its consensus mechanism transitioned from proof-of-work to a cost-efficient proof-of-stake system.  However, since the Beacon launch…

FTX Hacker Converts 50k Stolen ETH to BTC

Per a report from blockchain analysis firm Chainalysis, the attacker behind the Nov 11 FTX exploit, is converting the stolen ETH to Bitcoin. There were muted fears the seemingly inexperienced perpetrator could dump all its ETH holdings. On Sunday, the attacker dumped 50k ETH on-chain, with ETH's price dipping by almost 7%.  https://twitter.com/chainalysis/status/1594349583416840199?s=20&t=pgvQHeVytI20eKQ1ls9bxw Hacker Moves 50,000 ETH to New Address Over the past week, the perpetrator had been steadily swapping the cryptocurrencies they had carted off for Ether tokens. This…

Censorship Concerns: 51% of Ethereum Blocks Now OFAC Compliant

According to new data, over half of the blocks on the Ethereum network now reportedly comply with the US Treasury OFAC’s standards. This comes roughly a month after the platform’s monumental merge update. Phasing Out Tornado Cash The Office of Foreign Assets Control is the intelligence and enforcement agency of the US  Treasury Department. Indeed, the OFAC administers and enforces US  financial sanctions. A prime example of this is the recent, highly-publicized ban on crypto mixer Tornado Cash.  According to…

MORE ARTICLES

Trading

How to Leverage Arbitrage Opportunities in Crypto Markets

Cryptocurrency arbitrage has become an increasingly popular investment strategy as the crypto market grows and evolves. Arbitrage involves taking advantage of pricing discrepancies between markets or exchanges to profit.  Investors can leverage profit opportunities by understanding cryptocurrency arbitrage while managing associated risks. In this guide, we'll explore cryptocurrency arbitrage and how it works. A Bitcoin-related example will help us illustrate the concepts of this strategy. What is Arbitrage and How Does it Work in Crypto Markets Crypto arbitrage trading is…

The Different Types of Copy Trading in Crypto

Are you interested in trading cryptocurrencies but feel intimidated by the complexity of the process? Copy trading is a great way to get into crypto without needing to be an experienced trader. With copy trading, investors can benefit from the experience and knowledge of more experienced traders, allowing even beginners to succeed. How does copy trading work, and which tips do you need to know to succeed? In this article, we'll explore all aspects of copy trading in crypto. What…

How to Spot an Unsafe Crypto Exchange

Cryptocurrency exchanges have become increasingly popular as they provide a platform for people to buy and sell digital assets. Unfortunately, not all crypto exchanges are safe or reliable.  With the rise of cybercrime and fraud, you must learn to spot an unsafe crypto exchange before investing your money. This guide will help beginners identify and avoid potential risks when selecting a cryptocurrency exchange.  The Role of Crypto Exchanges on the Digital Assets Market Cryptocurrency exchanges play a crucial role in…

What Is Grid Trading in Crypto?

Crypto grid trading has become a popular strategy because of its ability to help traders capitalize on market volatility. Grid trading means you can produce consistent profits by taking advantage of price differences in different markets or time frames. By establishing buy and sell orders at predetermined intervals, you can take advantage of these fluctuations in an automated way. This guide will explore the different aspects of grid trading and provide an overview of its benefits, challenges, and more. Through…

MORE ARTICLES

Tech

Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity

The digital landscape is set for an unprecedented transformation with the introduction of una Messenger, the latest innovation from web3 development powerhouse Wemade. This platform represents an evolution of the "PAPYRUS Messenger," serving as the cornerstone of the ambitious "unagi" initiative, aimed at catalyzing the mass adoption of blockchain technology. The "Unbound Networking & Accelerating Growth Initiative" seeks to bridge the divides between diverse blockchain services and networks, heralding a new era of interconnectedness. A New Frontier in Blockchain Communication…

Bit2Me Champions WEMIX Token in Pioneering European Listing

Bit2Me, Spain's premier virtual asset exchange, has recently broadened the horizons for cryptocurrency enthusiasts by listing WEMIX, the cornerstone token of the WEMIX3.0 blockchain ecosystem. This marks a notable achievement as WEMIX's inaugural venture into the European market, emphasizing the token's role in facilitating a range of blockchain-based activities, from gaming transactions to decentralized finance (DeFi) applications. Launched with the intention to democratize access to WEMIX for the 450 million Spanish speakers around the globe, this strategic move aligns with…

CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades

In an exciting update for the cryptocurrency marketing landscape, CryptoVirally has announced a series of new entries and enhancements to its already comprehensive range of services. These updates, aimed at providing tailored marketing solutions for crypto projects, include new limited-time offers and expanded options for Cointelegraph publications. Limited Offers: A Game-Changer in Crypto Marketing  CryptoVirally's limited offers section presents an enticing opportunity for crypto projects to leverage high-impact marketing services at discounted rates. These offers, available for a limited period,…

Breaking Boundaries in Blockchain: WEMIX’s ‘una Wallet’ Sets New Standard for Multi-Chain Asset Management

The WEMIX Foundation has unveiled 'una Wallet,' a revolutionary digital wallet designed to offer unparalleled convenience and security in managing digital assets across various blockchain networks. The announcement, made on January 17, 2024, signifies a new era in the seamless integration of multiple blockchain protocols, including Arbitrum, Avalanche, BNB Smart Chain, Ethereum, Kroma, Optimism, Polygon, and WEMIX3.0. 'una Wallet' is more than just a digital wallet; it represents the culmination of WEMIX's innovative efforts in the blockchain space. It serves…

MORE ARTICLES