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
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Watchlist
A personally defined list of values to watch over for activity or changes.
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
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