I'm new to the idea of a master node, not even sure if I'm doing it right or if BTC Core is one.
I downloaded Bitcoin Core for OSX, completely.
I understand that it's, essentially a wallet but, is it also a master node?
How do I enable it? Are there rewards, percentages of btc, involved?
I don't really care about the "rewards" just want to make sure I'm doing it all the right way, the more we're all involved in decentralizing, the better it is for all of us.
Thank for your patience, hope I'm not too annoying.
Bitcoin Core is a "full" node. It validates and relays transactions and blocks on the Bitcoin network. If you want to make money, you must run a "mining" node, which is a full node that also adds blocks to the block chain (and gets paid for that service). In the beginning, all full nodes were mining nodes, but as the difficulty rose and specialized equipment became necessary, most full nodes stopped mining. The ability to mine has been removed from Bitcoin Core
People disagree on whether or not a non-mining full node increases decentralization. They also disagree on whether or not running a full node improves your wallet's integrity.
