- What is a Masternode?
It is a server or virtual server that serves as a node to the Hilux system. It helps to secure the system. In return you will be sharing 60% of the block rewards while the 40% goes to the miners. Masternode owners will take turn to receive their rewards and the frequency will depend on the amount of masternodes there are. It is therefore more advantageous to be an early Owner. However, over the long run if the value of the coin increases, you will also enjoy the value increase.