Node
By CoinGecko | Updated on Mar 03, 2020
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain. Together with the miners they are the guarantors that the network works properly. The nodes in Bitcoin are very important because they help the mission of keeping the network decentralized.
Related Terms
Unspent Transaction Output
(abbv. "UTXO") Coins that are unspent in the wallet. UTXO virtually represents the cryptocurrency one own in the wallet.
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Leverage
It is an investment strategy to gain potential return of the investment by borrowing the money
When Lambo
An expression used by investors to ask when the value of their investment could buy them a Lamborghini
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.