The Masternode Ecosystem – A Leading Innovation in Consensus Mechanisms

With the advent of Blockchain technology came all sorts of intricacies and technical aspects that began to be developed, debated, criticized, and implemented. There isn’t a single protocol, feature, or application that checks the list of any participant, and that’s a good sign. Criticisms, most importantly, constructive criticisms, pushed boundaries, stimulated innovation, and brought about progress. One such niche innovation to consensus mechanisms was the introduction of Masternodes. Masternodes are an added layer on the base layer consensus mechanisms. For…