Blockchain Governance Service Provider Node40 Launches From Beta After a Flying Start

Noam Stiekema

One of the largest node service providers – a critical component of blockchain governance – today announced their launch from beta. With a process more refined than anywhere else, Node40 makes it easy for anyone to contribute to blockchain security and governance while earning passive cryptocurrency, all while holding onto their own private keys.


Albany-based company now leading the way in hosting Dash masternodes

New York, NY – September 22, 2016 – Node40, a financial technology startup focused on governance, a rapidly growing and critical niche of blockchain technology, today announced its launch from beta. As a leading provider of “nodes,” Node40 has quickly built a significant customer base since its launch in early 2015. Growth has accelerated this year in line with the surging value of Dash, now the 7th most valuable cryptocurrency in the world by market cap. Albany-based Node40 uses an intricate network of computer hardware and software to help Dash investors turn their digital wealth into a passive revenue stream while enhancing the Dash network’s security.

Perry Woodin, Node40 Founder and CEO, explains, “With Node40, users with 1,000 Dash can hold their own private keys and easily set up a revenue-generating node in a matter of minutes. As long as a masternode is capitalized and connected to the network, every month the Dash network pays our customers directly. Our technology ensures guaranteed uptime for servers, critical to ensuring customers never miss a payment from the Dash network.”

Woodin continued, “After months of development, we’re proud to announce the deployment of a vastly improved user interface for Node40, one commensurate with our premier level of high touch service. Our customers want to power the Dash network and get rewarded without having to spend time, energy, and money overcoming technical hurdles. As a result, we have streamlined the process while also providing detailed information along the way. Node40’s new interface provides continuity with step-by-step instructions, and an improved experience for customers to manage and monitor the health and valuation of their investment.”

Node40’s new interface makes site navigation much easier, with much of the look and feel inspired by everyday online banking. Within a month, Node40 will introduce new features including Masternode Portfolio Insight. In this section, customers will be able to download monthly, quarterly, yearly, and ad-hoc reports that show the performance of their Dash portfolio.

The monthly rewards for owning a Node40 masternode vary based on the number of masternodes held on the network, but currently, the rewards average 7.7 Dash/month, while the price of using the Node40 service is presently 2.74 Dash/month. In 2016, the majority of customers reported triple digit percentage gains; for investors starting one year ago, the minimum return has been 61%.

“Hosting a masternode is an incredibly simple and valuable way to break into the burgeoning virtual currency space. While some people can actually host a masternode on their own, they run the very real risk of missing a network reward unless their server stays online 24/7. At Node40, we provide peace of mind; in the very rare instance a node we host goes offline, we have state of the art monitoring equipment to be notified immediately and rectify the issue. In the extremely unlikely event a customer misses a Dash reward, Node40 guarantees the reimbursement of that amount.”

Node40 users also have the added advantage of being able to contribute to Dash’s governance system by one-click voting on submitted network proposals, as well as paying for their monthly service in Dash.

Read this next

Digital Assets

Valkyrie pulls back on Ether futures merge with Bitcoin ETF

Valkyrie Funds LLC will suspend the purchase of Ether (ETH) futures contracts for its Valkyrie Bitcoin and Ether Strategy ETF (BTF.O). Additionally, the firm will unwind any positions in Ethereum that it has already acquired.  

Digital Assets

Hong Kong police arrest 18 in $1.5B billion JPEX fraud

The investigation into the JPEX crypto exchange scandal continues to unfold as Hong Kong and Macau police arrest four more individuals. These arrests, which include individuals considered “relatively close to the core” of the scandal, bring the total number of detentions to 18.

Digital Assets

Gemini tells Dutch users to withdraw assets by November 17

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, announced that it will cease providing services to customers in the Netherlands, citing regulatory requirements imposed by the country’s central bank.

Digital Assets

SEC puts BlackRock, Valkyrie, and Bitwise Bitcoin ETFs on hold

The U.S. Securities and Exchange Commission has delayed its decisions on several bitcoin exchange-traded fund (ETF) proposals, leaving many in the crypto industry feeling pessimistic for any future blessing from the agency.

Digital Assets

Ripple backs out of Fortress Trust acquisition

Ripple has decided to cancel its planned acquisition of Fortress Trust, a custodian company, less than a month after initially announcing the agreement.


France regulators blacklists 21 FX brokers, FuturBTC

France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), today shed light on several unregulated forex brokers representing their offering under several brands. Notably, the AMF has identified only one crypto-assets provider in its latest warning.  

Digital Assets

Flare and Arkham Collaborate for Enhanced Decentralized Data Access

Flare’s blockchain for decentralized data acquisition integrates with Arkham’s Intelligence Platform, offering users advanced analytics and actionable on-chain insights.

Industry News

iFX EXPO International 2023 Successfully Concludes

The most talked about financial event of the year took place in Limassol, Cyprus.

Retail FX

Plus500 Forex Garners Market Attention In The Latest Expert Ranking

Securing the 58th spot in Traders Union’s Best Forex Brokers of 2023 ranking, Plus500, despite its cautionary overall score of 6.3 out of 10, stands out for its stringent regulatory compliance, user-centric WebTrader platform, and a commendable focus on account security, though it lags in providing advanced trading tools and trust management features.