SmartNodes are servers that run a SmartCash wallet and make decisions, such as locking transactions with InstantPay.
SmartNodes enable the following services:
- InstantPay (Instant Transactions): Allows for SmartCash transactions to be locked in about a second. No risk of double spending a transaction, so the receiver can trust that transaction immediately.
- SmartRewards: SmartRewards are calculated by the SmartNodes to allow for distribution to be handled automatically by the block rewards.