Apollo - ascendia-network/community-wiki GitHub Wiki

Apollo Masternodes function as the validators of the network. More specifically, Apollo Masternodes serve the purpose of:

• Verifying transactions of data uploaded to the Ambrosus blockchain.
• Executing smart contract code as programmed into the network.

These nodes comprise the Proof of Authority protocol that ensures network integrity by verifying all bundles of meta-data incorporated into the Ambrosus blockchain.More specifically, every time a transaction is validated on the Ambrosus blockchain, the various Apollo nodes on the network will come to an agreement concerning whether the data uploaded to the network is valid. At a certain mathematical level of convergence, the Apollo Masternodes reach a consensus about their broadcasts, and then all of them together update their ledger record.

In a recent update, the minimum stake of 250k AMB for new Apollo nodes has been increased to 1M AMB.

More information for existing node owners on Apollo stake, see Apollo maintenance. More info on Apollo rewards can be found here.