Posted on: 15. April 2018

Wallet

# Provider of the Month - Passive income through Masternodes
The GetNode Club offers its members a stake in the only ever Masternode pool. to the provider - (https://www.getnode.io).

What is a Wallet?

Simply, a wallet is where you can save or keep your money, for making purchases on the Internet. Probably, one of the most well-known wallet providers is Paypal.

In terms of cryptocurrency, the subject is slightly more complicated. No matter which cryptocurrency you choose, you always need a place to store it.

Most cryptocurrencies offer this software, usually as a direct download from the respective currency provider. You then install the software on your PC, Macbook, smartphone or tablet.

Additionally, some third-party solutions can accommodate multiple cryptocurrencies. An example would be Exodus. For even greater security, you can also buy a hardware ledger wallets. These are mostly small pen drives or USB sticks which connect to your computer.

The advantage is that since the hardware communicates directly with the blockchain of the cryptocurrency, the whole chain is secure. Even if a hacker infiltrated the computer in an attempt to steal the digital money, the contents of the wallet would be safe.

How to Use the Wallet

After the download, the user registers and connects his or her wallet with the blockchain of the chosen cryptocurrency. When you use a cryptocurrency, you usually receive two addresses: a public address and a private address.

As the name suggests, the private address is only designated to one person and should not be shared or allocated to anyone else. In contrast, the public address can be passed on freely, because that is the address to which the system sends transactions.


Passive income through Masternodes
Editor's recommendation: The Masternode Pool Club GetNode is the only provider of its kind. GetNode allows its members to participate in a unique masternode pool that is already over 100 Bitcoin in size. Through active management of the pool and constant purchase of new masters, GetNode has achieved very good results. So who ever wanted a passive income through Masternodes , here is the change. With a minimum of 1000 Euro or 0.2 Bitcoin a quick start is possible. The deposit can be made via Bitcoin or Euro. The payment is made automatically every two weeks via Bitcoin. We are even invested in GetNode with 1.2 Bitcoin and so far we are very satisfied with the results.

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