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.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Shilling
One who poses as a enthsiastic customer to swindle others as a form of covert advestising.
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
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