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
Mnemonic Phrase
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets.
Gas
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
Multisignal (multi-signature)
They are wallets that require more than one key for transactions to be authorized.
Custody
Protective care or guardianship of an asset.
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