The Dash Blockchain is unique in that it uses a hybrid POW and POS consensus algorithm to secure its network. Users who wish to participate in the Proof-of-Stake portion of the consensus will need to set up a Dash Masternode. These Masternodes are powerful servers backed by collateral held in Dash, and are designed to provide advanced services and governance on the blockchain. For those who don’t have the resources to set up their own Masternode can still join Masternode pools which divide the profits between the users.
Steps to Earn Passive Income with Dash
- Buy Dash on a Crypto Exchange or from your Crypto Wallet.
- Decide whether to set up your own Masternode or join a pool.
- Check out this Dash Masternode site to set up your own.
- Check out StakingLab to join a Masternode Pool.
- Sit back and enjoy the passive earnings