What are Vulcan Nodes

Vulcan Nodes are the heartbeat of the Vulcan Blockchain network, helping to ensure its security, stability, and decentralization. Vulcan Nodes are split into two categories: Lite Nodes and Full Nodes.

Lite Nodes elect which Full Nodes will participate in consensus. Consensus is the process of validating transactions that come through on the blockchain, along with the creation of new blocks. Together, Lite Nodes and Full Nodes work to ensure the security and reliability of the decentralized network.

Lite Node Holders

Vulcan Lite Nodes constitute the Vulcan Beacon Chain whose purpose is to elect Full Nodes as Validators for the Vulcan Blockchain for every epoch. Lite Nodes have this singular role in the protocol. Lite Nodes functioning as electors during an epoch earn a fee which is a portion of the VUL block rewards proportional to their reputation (i.e. higher reputation Lite Nodes receive a higher portion of the fee).

Full Node Holders

PoA is the default consensus of Vulcan Blockchain and validators are the one responsible to produce blocks and add them to the chain. All Full Nodes make a dynamic validator set where nodes can be added or removed by a voting mechanism where majority (51%) of validator nodes vote to add/remove certain validators, this helps to remove malicious validators while new trusted validators can be added.