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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.

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Related Terms

Mining Rig
A dedicated hardware to mine
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Proof of Stake (PoS)
A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.
Zero Confirmation Transaction
Another name for "unconfirmed transaction"
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