The KYOTO Blockchain network operates on a specific topology that ensures secure and decentralized transaction validation and additional security measures. Each validator and masternode plays a distinct role in maintaining the network's integrity and stability
This topology ensures a secure and decentralized network where validators validate transactions and master nodes enhance security. The NFT-based ownership mechanism enables active participation, transparent ownership tracking, and effective management of the KYOTO Blockchain nodes.
KYOTO Blockchain nodes
In the KYOTO Blockchain, a variation of the PoA consensus is implemented, utilizing a predefined set of masternodes and validator nodes responsible for validating transactions and creating new blocks. These validator nodes are typically selected based on their reputation and identity within the network. Rewards in the form of transaction fees and block rewards are provided to these nodes for their participation and contribution.
To enhance the income stability for node owners in the initial phase, we have adopted the QBFT consensus mechanism, with a future vision of transitioning to Proof of Stake, aligning with our commitment to exploring sustainable and innovative solutions while ensuring a seamless and promising journey for our users.
All nodes on the KYOTO Blockchain are distributed third-party tokens when the KYOTO Foundation generates carbon credits, partners with a project, or hosts an airdrop of its own.
Master nodes provide additional security and decentralization to the KYOTO Blockchain. Similar to validator nodes, master nodes require ownership of an NFT token. They are responsible for enhancing the network's security measures and ensuring the robustness of the consensus mechanism. The ownership of master nodes is also subject to staking and reward distribution based on the node owner's stake.
Masternodes charge a 15% reward pool fee to the NET APY rewards for the Kyoto ecosystem.
Validator nodes are responsible for validating transactions on the KYOTO Blockchain. To become a validator, individuals or entities need to hold a specific NFT token, which is allocated during the registration process.
Validators actively participate in the delegation process by staking their node ownership rewards and can earn rewards based on their stake. By securing the network and participating in block validation, validators contribute to the overall consensus mechanism.
Validator node operators charge the network 10% of distributed token rewards.
Ownership and Node Allocation
The number of nodes owned by validators and master nodes depends on the number of NFT tokens they hold. Each NFT represents ownership of a single node, and a higher number of NFTs results in the ownership of a larger number of nodes. The ownership of nodes is tracked on the KYOTO Blockchain, ensuring transparency and enabling verification of node ownership. This decentralized distribution of nodes through NFT ownership offers several advantages. It promotes network decentralization, offers higher blockchain security, provides a transparent system for ownership, and is an efficient way to manage and track nodes within the KYOTO ecosystem.