UNIVERSAL PAYMENT BLOCKCHAIN

Is Graft mineable?

Yes, Graft is mineable. Unlike most cryptocurrencies, Graft consists of supernodes that process two-phase payment transaction, just like “traditional” credit card payments: real time authorization and settlement (mining). Also, supernodes may host additional brokerage services such as credit card authorizations, instant exchanges, and merchant payouts. Supernodes receive mining reward for each solved block, but they do not earn transaction fees from mining. Transaction fees can be earned by processing real time transaction approvals. Supernode is allowed to participate in real time authorization process only after successfully solving a new block.