Today was an exciting day, I finally got my smart node set up! This was one of my cryptocurrency goals over the last few months and I have been slowly acquiring SMART CASH over the last couple months. The other day, when STEEM was up over $4, and Smart was sitting under $0.20 each I saw the opportunity to pick up the last 2000 SMART I needed, if you were [watching my progress and last post here.](https://steemit.com/smartcash/@phelimint/received-my-smart-rewards-today-can-it-get-any-better)

https://steemitimages.com/DQmNVA8zoyxnJeRcazjBrSiGqbYwJEJsc8YcC1kXAtH6bJN/99459aa13bd15bc10147ab1ed122f809c9ccaafa.png

<h1> What is a SMART NODE</h1>

For those that may be less familiar with some of this stuff happening in the world of cryptocurrencies. I'll try to explain it. I'm still not really an expert myself.

Some currencies offer MASTER NODE options, what this means is once you hold a certain amount of those coins, you can set up a server and receive rewards. The part I don't really understand is what the server does, it must be something related to processing transactions for the block chain. 

Here is the official definition:
>SmartNodes are servers that run a SmartCash wallet and make decisions, such as locking transactions with InstantPay. SmartNodes are required to have 10,000 SMART collateral, a dedicated VPS (IPv4 address, 1GB RAM, 20GB drive) and be able to run 24 hours a day without a more than an hour of connection loss. SmartNodes get paid 10% of the block reward on every block, which is distributed to SmartNodes one at a time.

[You can read more from there site here](https://smartcash.cc/smartnodes/#toggle-id-1)

<h1> Here is a screen shot of the SMART NODE reward calculator from there site</h1>

![smartnode.png](https://steemitimages.com/DQmfHjmH9Ek1YkTFLLxBHqMPSdwxRg87u6thJ4LbFp9D1Bi/smartnode.png)

<h1> It did take a little bit of doing over the last 3 days to get it set up and figured out, and I will share that experience in the next few days</h1>

Lastly don't forget to check out @smartcash here on Steemit, for lots of great content and information.

https://steemitimages.com/0x0/https://i.imgur.com/oardu7w.png

https://steemitimages.com/0x0/https://media.discordapp.net/attachments/343889615016427520/376912017228955658/PHELIFOOTER03.png
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