Bitcoin Forum

Bitcoin => Press => Topic started by: Vladdirescu87 on March 03, 2017, 05:02:31 PM



Title: [2017-03-02] The True Cost of Running a full Bitcoin Node
Post by: Vladdirescu87 on March 03, 2017, 05:02:31 PM
Bitcoin’s existence largely depends on how many people are using the peer-to-peer cryptocurrency. A bitcoin node can be an individual miner minting Bitcoins from his laptop or a chain of companies with complex mining rigs mining Bitcoin on a commercial scale. All these nodes keep the Bitcoin network running.

A full node is a program that fully validates transactions and blocks. Almost all full nodes also help the network by accepting transactions and blocks from other full nodes, validating those transactions and blocks, and then relaying them to further full nodes.

Bitcoin nodes also have inbuilt bitcoin wallets for management and usage of funds deposited in the wallet.

What is a Bitcoin Full Node?

You can read the full article and take part in the discussion here: https://coinidol.com/true-cost-of-running-full-bitcoin-node/