SmartNodes¶
SmartNodes are servers that run a SmartCash wallet and make decisions, such as locking transactions with InstantPay
This documentation focuses on understanding the services smartnodes provide to the network, but also includes guides on how to run a smartnode, using either a hosting provider or by setting up and maintaining your own hosting solution. The primary requirement to run a smartnode on the SmartCash network is 100000 SMART. This is known as the collateral, and cannot be spent without interrupting operation of the smartnode. The second requirement is the actual server running the SmartCash smartnode software.
Option 1: Hosted smartnode
Since operating your own server requires a certain level knowledge of blockchains and Linux server operating systems, several community members offer dedicated hosting solutions for a fee. Taking advantage of these services means the user only needs to provide the smartnode collateral and pay the hosting fee in order to receive payment from the block reward. See these pages for information on how to set up a hosted smartnode.
Option 2: Self-operated smartnode
Users with a deeper understanding (or curiosity) about the inner workings of the SmartCash network may choose to operate their own smartnode on their own host server. Several steps are required, and the user must assume responsibility for setting up, securing and maintaining both the server and collateral. See these pages for information on how to set up a self-hosted smartnode.