What is the difference between an Elevate Smart Node and an Elevate Lite Node?

When you purchase node licenses, they grant entry to the Elevate DGF, confirm transactions on the Elevate Blockchain, and earn ELV-P distribution. There are two types of node licenses: Smart Nodes and Lite Nodes.

Smart Nodes are high-value options for committed supporters. Offering 100 times the amount of daily rewards compared to Lite Nodes, they provide significant value for their price. There is a total supply of 100,000 Smart Nodes available for purchase, each providing one vote when a proposal is active.

Lite Nodes have a much lower cost and offer an accessible entry point for those who wish to contribute to the Elevate blockchain. There is a total supply of unlimited Lite Nodes available for purchase, each providing 1/100th of the daily rewards compared to Smart Nodes and only 1/250th of a vote when a proposal is active.

For more information on the different types of nodes, their respective costs, benefits, and reward mechanisms, review the information provided in the charter and/or litepaper.

*One instance of computer/VPS can only run one Smart Node OR up to 100 Lite Nodes.