Evan's Paper:
https://www.darkcoin.io/downloads/InstantTX.pdf
Can i please get a "translation" into simple dummy wording
what this paper means ?!
I understand instant transactions,
but what ... using the Masternode (1000 each) as a collateral for the purchases made,
to speed up the transactions ?! Proof of Work ?
....>
Tx
The 1000DRK ate NOT being used as collateral in anything, never have been, never will.
Instant TX's just have the MN's locking inputs and forming consensus on transactions instead of waiting for miners to come along minutes later and bake it into the blockchain. Obvious when you think about it, like most great leaps.
The diagram just illustrates that MN's are part of the whole decentralised network in terms of peering, just as regular wallets are. No bottlenecks anywhere.