APIS Whitepaper

The APIS is building a “Masternode Platform” to
familiarize the term “masternode” to a larger range of
people and let them enjoy the advantages and benefits of
a masternode. This paper is intended to give an overview
of our approach in attaining this goal from explaining the
concept of a masternode to elucidating how we will make
this unfamiliar concept known to wider variety of people.

1. Introduction and Problem Statement
The APIS is a masternode platform that enables the
entire spectrum of users to have easy access to the twotier incentivized network, also known as the “Masternode
Network”. Masternodes refer to nodes in the cryptocurrency
market that fulfill a specific function beyond simply
relaying transactions (Its definition will be further
developed in the paragraphs to follow). A masternode’s
most distinctive feature is that Anyone running masternode
can get masternoding reward periodically just by locking
up their cryptocurrency in the masternode. However,
despite its attractive characteristic, hosting a masternode
is quite out of reach for most individuals since most
masternodes require substantial capital and intricate
software engineering to set up.

By aiding these average individuals come together to
form a whole masternode, we will be able to encourage
more people to participate in masternoding as well as
provide them with a much safer masternoding channel
rather than the exchange market without adequate

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APIS Whitepaper