Hello, community! 👋🏻 Today we will tell you about the possibility of administering the PZMCash network.
Each user, regardless of their location, can carry out transactions and, if desired, participate in network administration by deploying a node and installing the necessary software for this. With active participation in the PZMCash network, the user is also its administrator and actively participates in its development and expansion. This scenario involves forging - the user adding new blocks and records to the ledger and confirming them, that is, synchronizing and administering the blockchain.
Network Administration Benefits
While administering the network, the user confirms the transactions of other users and adds new blocks, for which he receives rewards from PZMCash in the form of a forging fee, a percentage of the amount of transactions in the block.
What is needed in order to administer?
📌 Expand a full node by allocating space on the HDD and installing special PZMCash software.
📌 Constantly keep on balance as many PZMCash coins as possible.
📌 Keep the node online, create new blocks and build blockchain branches containing hashed transaction records.
📌 Receive remuneration for confirmed transactions in the form of a commission fee - a percentage of transaction amounts (forging).
💡 The higher the balance of static PZMCash coins in the wallet and the longer the new block was not added to the blockchain, the higher the chances of adding a new block to the blockchain with such an account.
Learn more about the features and benefits of network administration: https://pzmcash.com/en/
Each user, regardless of their location, can carry out transactions and, if desired, participate in network administration by deploying a node and installing the necessary software for this. With active participation in the PZMCash network, the user is also its administrator and actively participates in its development and expansion. This scenario involves forging - the user adding new blocks and records to the ledger and confirming them, that is, synchronizing and administering the blockchain.
Network Administration Benefits
While administering the network, the user confirms the transactions of other users and adds new blocks, for which he receives rewards from PZMCash in the form of a forging fee, a percentage of the amount of transactions in the block.
What is needed in order to administer?
📌 Expand a full node by allocating space on the HDD and installing special PZMCash software.
📌 Constantly keep on balance as many PZMCash coins as possible.
📌 Keep the node online, create new blocks and build blockchain branches containing hashed transaction records.
📌 Receive remuneration for confirmed transactions in the form of a commission fee - a percentage of transaction amounts (forging).
💡 The higher the balance of static PZMCash coins in the wallet and the longer the new block was not added to the blockchain, the higher the chances of adding a new block to the blockchain with such an account.
Learn more about the features and benefits of network administration: https://pzmcash.com/en/