Qatar 2022 Ecosystem is a project that is provide some tools for passive income, such as mining, framing, nodes. Let’s talk about one of them.
Do you know what nodes are? And how you can earn as their owner?
Node is a server with a special software that can be represented by a computer or another computing equipment connected to the cryptocurrency blockchain network.
Depending on the type, node can store the entire cryptocurrency blockchain, or a part of it. Network nodes can «talk» to each other. For this, they use P2P protocols.
The nodes’ task is to ensure that the cryptocurrency blockchain contains only reliable information. Network nodes confirm transactions and blocks. Thus, nodes ensure the security of the cryptocurrency network.
There are several node types, for example, Full Node and Lite Node.
Full node. Such a network node stores the entire blockchain. Owners of full nodes have access to network management rights. To accept a proposal to improve the project, it is needed a majority vote of such network node owners.
The more full nodes, the more secure the cryptocurrency network. The expansion in the number of such network nodes complicates the process of data corruption and votes fabrication.
Lite node. To run such a network node, it is not necessary to download the entire blockchain. It is enough to download its fragments – block headers. At the same time, the operation of lite nodes is impossible without full network nodes.
The purpose of Lite Nodes is to elect Full Nodes as Validators for the Qatar 2022 Ecosystem chain to produce the block. Lite Nodes functioning as electors during an epoch earn a fee which is a portion of the Qatar 2022 Ecosystem block rewards proportional to their reputation (i.e. higher reputation Lite Nodes receive a higher portion of the fee). Reputation is based on the availability of nodes to participate in election and signing epochs for heart beat checks. Offline nodes are warned which affect reputation score which leads to that particular node losing access to participate in the process. The node must be online. Therefore, the user will need a stable Internet connection to work.
What does Qatar 2022 Ecosystem offer us?
500 Lite Nodes and 200 Full Nodes are available for purchase.
With different prices and different daily remuneration. A lite node will cost 2 BNB, and a full node – 8 BNB.
In order for each person to understand how much income he will get from the node, the Qatar 2022 Ecosystem team has posted an online calculator on its website. It is intuitive to use, so users should not have any further questions.
Qatar 2022 Ecosystem team is KYC verified. And, also, it is conducted two audits of smart contracts in TechRate, Solidity Finance companies.
You can find all the conditions on their website, below are links to all the communities of the project:
Website: https://qatar2022ecosystem.com/
Telegram Channel: https://t.me/qatar_ecosystem_2022
Twitter: https://twitter.com/Qatar_Ecosystem
Medium: https://medium.com/@qatarecosystem2022
Discord: https://discord.gg/SERzc9aJTK
Whitepaper: https://qatar-ecosystem-2022.gitbook.io/qatar-2022-ecosystem/
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