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.
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 knowledge.
apis masternode
