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
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
Mining Contract
Another term for cloud mining, where users can rent or invest in mining capacity online.
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
Margin Call
Margin call takes place when investor's margin account falls below the required amount to stay afloat.
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