Light Node Evaluator: Proof of Authority (PoA)

Terms and Conditions: Proof of Authority (PoA) – Light Node Evaluator

1. Partnership Overview
Participants in the PoA Light Node network provide transaction verification services for EnergyChain, earning rewards proportional to their node’s performance.

2. Participation Requirements

• Minimal Hardware Standards: Nodes must meet minimum hardware and connectivity criteria to ensure optimal functionality.
• Network Access Rules: Participation is contingent upon adherence to EnergyChain’s compliance guidelines and periodic evaluations.

3. Rewards and Fees

• Transaction Fee Earnings: Rewards are based on transaction verification load.
• Administrative Deduction: A small percentage of earnings will be retained for network maintenance.

4. Responsibilities

• Protocol Compliance: Participants must maintain security standards and 95%+ uptime.
• Liability Disclaimer: EnergyChain is not responsible for losses due to outages, security breaches, or participant negligence.

5. Termination and Transfer

• Exit Policy: Participants can voluntarily terminate their involvement with prior notice, subject to final fee adjustments.
• Non-Transferable Rights: PoA Light Node access cannot be sold or reassigned.

Company’s Reserved Rights and Disclosures
The Company reserves the right to:

1. Modify platform protocols, transaction fee structures, and operational processes.
2. Suspend access due to violations, regulatory mandates, or technical needs.
3. Adjust rewards and distribution policies based on network requirements.
4. Audit participant activities for compliance.

Participants must adhere to applicable laws, secure their credentials, and understand the risks of blockchain participation. EnergyChain disclaims liability for external losses or technical issues.

Transaction Fee Rewards

General Allocation:

• 60% of Transaction Fees: Allocated to the Consensus Node Network, shared equally among participating nodes.

Light Node Incentives:

• Authority-Assigned Tasks: Light nodes may receive specialized tasks with additional rewards for their contributions.

Engagement Requirement:
To earn rewards, nodes must be actively verifying transactions or blocks during the validation process.

Key Highlights:

• Incentivized Participation: Light nodes receive equitable compensation alongside full nodes, with added rewards for specialized tasks.
• Fair Allocation: Ensures balanced earnings and promotes inclusive network growth.
• Enhanced Network Integrity: Active participation safeguards the platform’s security and reliability.

This comprehensive approach aligns network efficiency, participant inclusivity, and growth potential, offering an attractive opportunity for Light Node evaluators.