The difference between the two is in their function. A Lite Node is a device that has a (partial) copy of the blockchain stored. A Smart Node is a device or user who helps in developing the blockchain by actively mining blocks and validating, verifying, and storing transactions on the blockchain.
A computer/VPS can only run one Smart Node OR 100 Lite Nodes.
Smart Node = Enables a user to earn IZE through supporting the blockchain or confirming your healthy actions through our fitness app. The Smart Node has the ability to receive a higher amount of IZE in the distribution and a chance of getting NFTs in the future. Smart Node Owners could have the opportunity of voting on new initiatives in the Galvan Ecosystem. You can only run one Galvan Smart Node per computer/VPS.
Lite Node = Enables a user to earn a limited amount of IZE through supporting the blockchain or confirming your healthy actions through our fitness app. You can run up to 100 of these on one computer/VPS.