Essentia.one Staking Guide

Published on: 14.05.2021
Essentia.one Staking Guide

Essentia.one, promising blockchain that combines staking and other innovative features to bring value to its network, released Staking Guide.

Essentia has an open source blockchain network powered by masternodes and supernodes.

🔹Masternodes

Masternodes are Proof-of-Stake consensus nodes that perform utility functions for the Essentia network such as storing metadata, processing transactions, and signings blocks.

Each node makes the network more decentralized, secure, and stable and a masternode operator receives 25% of total block rewards.

🔹Supernodes

Supernodes are PoS consensus nodes and perform the same functions that masternodes. In contrast to a masternode, a supernode receives 75% of total block rewards, but requires larger collateral to run it.

What is Essentia?

Essentia is an ambitious blockchain project that aims to build a global decentralised crypto ecosystem offering the best and latest blockchain innovations in one platform.

📰 INFO:

https://stakingbits.medium.com/guide-to-essentia-one-staking-a6a6adef0677

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