Etherzero (ETZ) is an innovative smart contract platform that provides services to DAPP developers and users. ETZ is using MPoS (Masternode Proof-of-Stake) consensus mechanism. It’s a two-layer consensus based on which the platform is capable of processing more than 1400 TPS transactions. Zero transaction fee and near-real-time transactions (a transaction is confirmed under 15s) are other two notable features of the platform.
Anyone can become an EtherZero masternode host. All you need is to have is an agreed amount of ETZ coins and a server that meets the requirements for that. The masternodes are responsible for the transaction processing and community autonomy. To ensure a high-degree of open decentralization, every hour, 21 masternodes are selected from all masternodes by random authorization algorithm to confirm transaction and generate blocks.