All crypto terms
Crypto glossary

Masternodes

Masternodes are special servers run by their owners that help support a blockchain. They do more than regular nodes by adding privacy to transactions, speeding up transaction processing, and allowing owners to vote on important decisions. Dash was one of the first cryptocurrencies to use masternodes and reward their operators for their contributions.

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Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.