In a blockchain, nodes are the individual computers that maintain the network. They store copies of the entire blockchain and validate transactions by following the network’s protocol rules. Nodes work together to achieve consensus on the state of the blockchain, using mechanisms like Proof of Work or Proof of Stake. By verifying and broadcasting transactions, they ensure the network remains secure, transparent, and decentralized. Nodes also participate in adding new blocks to the chain, helping to preserve the integrity and immutability of the blockchain.
Related Articles
Impermanent Loss
Curtis Butturff May 24, 2024
Understanding Impermanent Loss: A Comprehensive Guide In the ever-evolving landscape of decentralized finance (DeFi), impermanent…
Double Spend Problem
Curtis Butturff May 23, 2024
The double-spend problem is a potential issue in digital currency systems where the same digital…
Internet of Things (IoT)
Curtis Butturff May 24, 2024
The Internet of Things (IoT) represents a groundbreaking paradigm shift in the way we interact…
Blockchain
Curtis Butturff June 14, 2024
A blockchain is a decentralized and distributed digital ledger technology that securely records transactions across…