Systemnodes vs Masternodes
Systemnodes and Masternodes are next generation blockchain companies
The Crown platform utilizes two layers of nodes: Systemnodes and Masternodes.
500 CRW collateral
Receives 10% of block reward
Timekeepers of the CRW blockchain
Service nodes for Crown Atomic
10,000 CRW collateral
Receives 45% of block reward
Voting rights in the governance system
Transaction confirmation nodes
Systemnodes and masternodes have three main functions
Secure and stabilize the network and transactions
For those interested in how this works, there are ways that network security can be accomplished using mathematical properties which don’t involve mining algorithms, but functionally leverage randomness and network topology. These techniques are used by a variety of different systems, from WeChat to Zookeeper -- just look up the Paxos Algorithm and go from there. The Dash paxos implementation with InstantX is an elegant example. The Crown network is secured by both: Masternodes and Bitcoin merge mining. We like having a dual security layer.
Provide another layer
Masternode operators have the right to vote on development related proposals submitted by the Crown community. This is a very responsible role, since they are directly influencing the future of the Crown project. Please see more information on the Crown governance system here.
Provide application developers
and masternode operators with business opportunities
The Crown API enables developers to integrate API calls and package applications that systemnode operators will offer to users. Systemnodes will manage the provisioning of compute resources, and payment for the application through the Crown API in concert with other APIs or development tools. Systemnodes can act as franchises operating cloud application businesses running open source software and accept payment in CRW. We are striving to make crypto useful in the real world. Our next step is to create an application economy running the cloud of open source applications through Trons. The Trons are the backbone of the Crown Cloud, which we hope to work with the community to build.