What is the difference between a "Trusted masternode" an "EVO/HPMN masternode" and a "Trustless masternode"

Understand the three different flavors of masternode in CrowdNode

Written by Peter Vesborg May 19, 2024

The DASH network has two kinds of masternodes: Regular masternodes, which require 1000 DASH locked, and the new "high performance" masternodes, which among other things require 4000 DASH locked.

In CrowdNode, a "Trusted masternode" and a "Trustless masternode" both refer to a regular (1000 DASH lock) masternode, while a "EVO/HPMN masternode" is of the 4000 DASH lock type.

The difference between a "Trusted masternode" and a "Trustless masternode" has to do with the way the 1000 DASH is stored. For a "Trusted masternode", it is CrowdNode which handles storage of the 1000 DASH while for a "Trustless masternode" the 1000 DASH are stored on a multisignature address with pre-signed transactions which, at any time, can be used to send the DASH back to all the participants in the trustless masternode.

You can learn more about how to set up a trustless masternode here: https://knowledge.crowdnode.io/en/collections/3620166-crowdnode-trustless