Powered by a set of protocols connecting centralized and multi-chain decentralized resources, Essentia is an operating system which enables us to create powerful interactions and experiences with our data.
The Essentia framework is bootstrappable from anywhere in the world from just a seed. For any consumer needing decentralized storage or crypto exchanges, organizations requiring smart-contract capabilities or developers wanting to build blockchain solutions - it’s the most efficient way to experience and utilize the new internet, where cryptograhy rules and data remains in the control of the user.
Masternodes serve as PoW-consensus nodes used to increase the security of the Essentia blockchain. They generate the base chain for the voting mechanism in the sharding chains. A masternode operator receives 25% of the total block reward.