Masternodes
By CoinGecko | Updated on Mar 03, 2020
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined. To create a masternode you need a large amount of coins from the cryptocurrency for which it is developed.
Related Terms
Gwei
The monetary domination of gas, involving Ether
Full Node
Full Nodes are computers that verify the set of rules that are built into the protocols of a given cryptocurrency.
Byzantine Fault
A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
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