Consensus on the VechainThor network is achieved through masternodes. These are Vechain holders who apply for the right to maintain the network. Masternodes consist of: academic partners, developers, enterprise users, business partners, and community contributors.
Two types of masternodes:
- Authority Nodes
- Economic Nodes
Community members create proposals for the VechainThor network. This helps with continual and rapid innovation on chain. Vechain is designed to scale up to 10,000 transactions per second. This is achieved through the authority nodes that help validate transactions.