Full Node
By CoinGecko | Updated on Aug 12, 2021
Nodes are computers that verify the set of rules that are built into the protocols of a given cryptocurrency. In the context of Bitcoin, the software that allows a computer to act as a full node is called the Bitcoin Core. Once a computer's Bitcoin Core programme is fully synced with the network (downloaded all past history of the blockchain), it becomes ready to help verify all incoming future blocks, as well as provide data to other nodes as a full node.
Related Terms
UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
Zero Confirmation Transaction
Another name for "unconfirmed transaction"
Cryptocurrency Act of 2020
The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets.
Genesis Block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
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