After the recent CAIx announcement, a lot of people couldn’t exactly wrap their head around the whole Masternode procedure, and how the dividends would work. Today, we have received some more answers to those and other questions.
What is a CAIx Masternode?
“A master node, is a CAIx wallet that has a number of CAIx in wallet staking on and off for the month of June, without the CAIx being moved out of the wallet. The number of CAIx in wallet will determine the tier at which the wallet will get paid, payment will be in lump sum after the end of June.”
The initial number of nodes which qualify for payment will be decided on Sunday. This number will go down as the month progresses, and if wallet owners move coins out of their client / clients are not staking, they will lose node status.
In regards to the dividends, there is a formula to determine how much each node will get paid. This formula will be made publicly available on Saturday, with the necessary explanation. CAIx on exchanges will not qualify for a dividend payment.
CAIx Foundation News
Putting together the CAIx Foundation has almost finished, and they will handle all further CAIx announcements from now on. This will also relieve some of the pressure on the development team, as they are currently answering each and every question.
Other CAIx Tidbits
A dedicated forum for anything and everything related to CAIx has been created, and can be found here. The BitcoinTalk thread will still be used as well, but the new forum will be a bit more structured, and allows for easier news reading.
In regards to the CAIx Multipool, a lot of improvements are expected over the coming days. The statistics screen will undergo some (much needed) changes, and payments should start flowing out to miners a lot easier.
CAIx donations are welcome to : XtHNepwZgq2aVWuLsaSMNz4GxztDujqbr8