GSP Coin Smartnodes

What are Smartnodes?
Smartnodes are responsible for storing and executing smart contracts, having nodes handle contracts rather than adding them to blocks greatly reduces the chances of scaling issues, like Ethereum has been experiencing. In addition this also allows larger smart contracts and a wider variety of languages that can be used to create them.

Smartnode Collateral

Block Number

Block Reward

Miner Reward 64%

Smartnode Reward 34%

Promotional Funds 2%

1000000

1-100000

2525

1616

858.50

50.50

1100000

100001-200000

2625

1680

892.50

52.50

1200000

200001-300000

2725

1744

926.50

54.50

1300000

300001-400000

2825

1808

960.50

56.50

1400000

400001-500000

2925

1872

994.50

58.50

1500000

500001-600000

3025

1936

1028.50

60.50

1600000

600001-700000

3125

2000

1062.50

62.50

1700000

700001-800000

3225

2064

1096.50

64.50

1800000

800001-900000

3325

2128

1130.50

66.50

1900000

900001-1000000

3425

2192

1164.50

68.50

2000000

1000001-1100000

3425

2192

1164.50

68.50

2000000

1100001-1200000

3325

2128

1130.50

66.50

2000000

1200001-1300000

3225

2064

1096.50

64.50

2000000

1300001-1400000

3125

2000

1062.50

62.50

2000000

1400001-1500000

3025

1936

1028.50

60.50

2000000

1500001-1600000

2925

1872

994.50

58.50

2000000

1600001-1700000

2825

1808

960.50

56.50

2000000

1700001-1800000

2725

1744

926.50

54.50

2000000

1800001-1900000

2625

1680

892.50

52.50

2000000

1900001-2000000

2525

1616

858.50

50.50