Masternodes are essentially nodes on the network running the same wallet software on the same Blockchain which provide extra services and features to the network and its users.

The primary service which BlockNode Masternodes provide to the network are:

Instant transactions

A decentralized governance

A decentralized budgeting system

Immutable proposal and voting systems

The reward for each PoS (Proof-of-Stake) block is split as follows:

80% to Masternodes.

15% to staking nodes.

5% to governance.

To learn more, visit the BlockNode Telegram Channel: https://t.me/BlocknodeChatGroup