What is the purpose of a “masternode” in certain blockchain networks?

Marina Protocol is a global Web 3.0 tutorial platform with learning materials.

It provides beginners with easy-to-use content and advanced interfaces for activities.

Users can take part in Web 3.0 projects and get rewarded for their experiences.

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In this guide, you’ll learn the answer to “What is the purpose of a “masternode” in certain blockchain networks?” in Marina Protocol.

What is the purpose of a “masternode” in certain blockchain networks?

Question: What is the purpose of a “masternode” in certain blockchain networks?

Answer: To validate transactions and provide additional services.

Further reading

Which blockchain platform is known for its focus on providing solutions for identity verification and authentication?

What is the primary purpose of a “block reward” in Proof of Work blockchains?

Which blockchain platform is known for its focus on providing solutions for the Internet of Things (IoT)?

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