My investment has arrived from the different address! How could I change it?
It is not possible to change the address. Since the process is anonymous, your rewards would will be sent to the address you have sent your investment from.
Your wallet has multiple address. Most likely you are looking for the wrong one.
Can I send coins from the exchange wallet?
No. That is not possible.
Since the process is anonymous, your rewards would be sent to the address you have sent your investment from. We recommend using the local wallet with entire blockchain. It is not possible to use a wallet generated by a cryptocurrency exchange. Most likely you will not get any rewards and you will not be able to get your investment back.
What is the minimum investment?
The minimum investment is 1% of the masternode.
If your send less then 1% to the address of the service the investment is returned back to your wallet.
New masternode share percent is always an integer value. Shares could be 1%, 2%, 3%, 45%, 74% but not 74.65%. This has been done to avoid extra small shares to fill the masternode up that could arise before. If you send 74.65% of the masternode, you get 74% masternode share and 0.65% is returned back to your wallet when the masternode is being started.
What is a Masternode?
Here is how masternodes work. You should install a cryptocurrency node (software onto the server) and make a money deposit to the node wallet equivalent to the amount fixed by the cryptocurrency network. After that, the node becomes a masternode, one of the network’s primary nodes, and starts approving transactions and getting rewarded. Think of masternodes as a type of mining but without the power consumption needed for GPU rigs or ASIC devices. To get your masternode going, you should invest a significant amount of money, as well as configure the cryptocurrency node and server for it to operate flawlessly.
Where could I find my wallet address?
Open your wallet. Go to File -> Receiving addresses...
If you have already sent some transcations before you could have funds stored at the address for change. To view them go to Debug Window -> Console and execute the command listaddressgroupings
Select the coin required and press "Receive" to view your wallet address.
Select "Previous Addresses" to view all the previous adresses if there are any.
How can I monitor my masternode investments (my rewards)? Monitoring software
What is the minimum payment?
The minimum payment is 0.5 coins for all the masternodes except $PAC. The minimum payment for $PAC is 50 coins.
If your reward is less then 0.5 coins (50 coins for $PAC) it accumulates at the account of the service and it is paid later with the next rewards when the total of 0.5 coins is reached.
Has the service received my investment? How to check that transaction has reached Masternodes?
Enter your transaction ID in the search field at the top of any page on Masternodes website. Your statistics page will show up. If nothing was found please check the blockchain of the coin you've invested in.
Every coin has it's own blockchain explorer. Do you see the transaction on the blockchain? If yes -> just wait for some time. The service needs some amount of network confirmations to proceed with your investment.
If your transaction is not found on the blockchain there is a problem with your wallet. Most likely it has not been synchronized yet.
Can I use Coinomi mobile wallet for iOS / Android?
Yes. You can use Coinomi multicurrency wallet.
You will receive the rewards and you will be able to get the investment back from the service if you'd like to. However we always recommend you to use only official wallet with entire blockchain. Only this wallet could provide you maximum security and full control over your private keys.
How to backup your wallet? How to backup your private keys?
Local wallet with entire blockchain
Backup the wallet.dat file. This file contains all the addresses you have. wallet.dat is usually located in this folder:
- Windows: %APPDATA%/COIN_NAME
- Linux: ~/.COIN_NAME/
- Mac OS X: ~/Library/Application Support/COIN_NAME/
Where COIN_NAME is the name of the wallet coin.
We recommend to backup the private key of the address you use as well. Please follow this steps:
You should use File -> Tools -> Debug console
- Enter the command listaddressgroupings
It will show you all the addresses in your wallet
- Copy these addresses to a notepad file.
- Enter command dumpprivkey YOUR_ADDRESS
Where YOUR_ADDRESS is one of your addresses found on step 1.
Repeat the process for all of your addresses.
Please take care. Don't show wallet.dat or private key to anyone. Never store your wallet.dat or private key on online backup service or your email address account!
When you first install the app it provides you the recovery phrase. Please keep it safely and don't show to anyone.
It is also possible to export the private key of the particular wallet address. Please follow these steps:
- Use Coinomi Recovery Phrase Tool
- Enter your recovery phrase and the number of words it contains (BIP39 recovery phrase consists of 18 words).
- Enter the passphrase if exists.
- Select the coin you are looking for from the drop-down menu.
- Recovery Tool will show all the addresses with their private keys in your wallet. Keep them in safe place.
Please take care. Don't show your recovery phrase or private key to anyone. Never store your recovery phrase or private key on online backup service or your email address account!
Why is my investment splitted into different masternodes?
This could happen in some cases:
1. Your investment was last in the row compliting the masternode. Half of the investment has been already included in the masternode. The other half is waiting for the new masternode to complete.
2. You got a share sold by another investor for a part of your investment. The other part is included in a new node.
Why is my share less then I've invested?
How to sell a Masternode share?
- Go to the statistics page of your wallet address (Type your wallet address in the search form at the top of the website).
- Press "Destroy masternode and return investment" for full masternode or "Sell share and return investment" for a masternode share.
- Press "I understand"
- Press "Sell masternode" for full masternode or "Sell share" for a masternode share.
- Confirm your intentions by sending less than 1 coin to the address of service.
You will receive your coins back in 3 days time for full masternode and 2 weeks for a masternode share. Please note you will not receive any rewards after the exit process confirmation.
My wallet has multiple addresses. How could I choose from which to send the coins?
Let's have a look at the Change article of the Bitcoin wiki: "When the output of a transaction is used as the input of another transaction, it must be spent in its entirety. Sometimes the coin value of the output is higher than what the user wishes to pay. In this case, the client generates a new Bitcoin address, and sends the difference back to this address. This is known as change."
Most of the cryptocurrency wallets have been forked from the Bitcoin wallet so they operate exactly the same. When you send a transaction the change goes to the new generated address (unless you specify the output address to be the change address as well). It could easily appear that you have some coins on your wallet but they are spread between different addresses.
In terms of blockchain these addresses are completely unrelated. They just appear in your wallet and the total balance is summed. Usually it is not possible to specify the address from which the funds are sent. However there is a tip how you could select the output address. Before sending your transaction, send all the coins to your own address which is desired to be the output address for the future transcation. This way you will be sure that the funding transaction is coming from a single address and you are sure which one.
Masternodes beta version is available for public testing.
All the masternodes are stable and secure. You could feel free to buy a complete node or just a masternode share.
The backend is ready so your investments are safe. All the masternodes are stable running and secured. Feel free to buy a entire masternode or just a masternode share. Once we get out of beta every masternode already started will keep running as before.
The frontend is being developed at the moment. We are working hard to make it easy-to-use and informative. Sometimes the website may be unavailable. That doesn't mean the masternodes are down. This just means we are updating the user interface to make it look even better. The masternodes themselves are always Online and are monitored by our automated systems 24/7.
I have not received any coins. Payment is shown on the service.
Usually, you just need to wait for some time.
Sometimes you see that the payment has been proceeded by the service but your wallet is empty. First of all please check the blockchain of the coin you mine. Do you see the payment on the blockchain? If yes -> just wait for some time. It takes some minutes (or even hours) for your wallet software to get the required amount of transaction confirmations. Especially if you mine to the exchange wallet.
Every coin has a different blockchain explorer. However Tx ID of the payment is usually clickable.