Sergey
1 min readMay 30, 2019

Masternode is local wallet raised on unique IP (vps, pc) to help the chain sync faster and provide instant-pay feature. To setup it you must achieve fixed amount of coins (5000 GEX) and lock them at this wallet. For providing a masternode you will have 40% of block reward, which will be split between all masternodes in the network.

Masternodes in GEXAN network working as an additional synchronization post between all nodes in 24/7 mode.
Regarding the masternodes, transaction speed and level of their security drastically increases.

They are also working as an additional security point for smart-contracts and boost mechanism for payment display.

Learn more: https://lottery.gexan.io/

#blockchain #IEO #GEXAN #Lottery

Sergey

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