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Noirnode is the term used for Noir masternodes. Masternodes are computers that run a Noir wallet and help secure the network by completing special tasks on the blockchain and ensuring quick transactions. To set up a Noirnode, you must have dedication, support, specific hardware, and lock up a certain amount of Noir as voted on by the community. Details about setting up a Noirnode will be available once development is complete.
The primary purpose of Noirnodes are to benefit the network. Although it is a perk to get Noirnode rewards, they are being implemented for the benefit of the network. Therefore, the development team asked the community to consider the following for masternode voting decisions:
- About 150-300 Noirnodes are required to secure the network.
- The development team recommended that the community votes for a Noirnode cost of 25,000 Noir. This will provide enough availability of Noirnodes to secure the network, while not allowing for more than what the network will benefit from.