How do master nodes differ from regular nodes in the context of cryptocurrency networks?
Alexander BelovFeb 03, 2023 · 2 years ago1 answers
In the context of cryptocurrency networks, what are the key differences between master nodes and regular nodes?
1 answers
- anjas setyaJul 18, 2020 · 5 years agoMaster nodes and regular nodes serve different purposes in cryptocurrency networks. Master nodes are typically associated with specific cryptocurrencies and require a certain amount of tokens to be locked as collateral. They provide additional services such as instant transactions, privacy features, and decentralized governance. Regular nodes, on the other hand, are responsible for validating transactions and maintaining a copy of the blockchain. They do not require any collateral and can be run by anyone interested in supporting the network. Both master nodes and regular nodes are essential for the functioning of a cryptocurrency network, but they have different roles and responsibilities.
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