Australian Opalcoin is a cryptocurrency blockchain, with Proof of Stake (POS) and Masternode (MN) functions. Users can contribute to the network in two separate ways.
Proof of Stake: 10% of every block reward goes to the stakeholders of the project. Individuals that stake will receive a portion of the POS rewards. Masternodes: 90% of every block reward goes to Masternode owners.
What is a Masternode?
Masternodes are nodes that helps the network run and operate at an effective level. Depending on the blockchain: Masternodes has to meet certain standards in order for the blockchain. The specific requirements under our blockchain can be found below under our reward structure section. Each masternode has equal importance in the eyes of the blockchain and the rewards are spread out evenly. Once a masternode receives a reward then moved to the end of the queue, which creates an systematic and even distribution amongst all masternode owners.