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
ERC-721
ERC-721 is one of the most widely used token standards in Ethereum to create non-fungible, exchangeable tokens.
Degen
Cryptotrading without Due Diligence and research - basically gambling
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
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