Node
By CoinGecko | Updated on Mar 03, 2020
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain. Together with the miners they are the guarantors that the network works properly. The nodes in Bitcoin are very important because they help the mission of keeping the network decentralized.
Related Terms
Ring Signature
A type of digital signature performed in a group where it becomes impossible to determine which member's key in the group were used for the digital signature.
Public Blockchain
An open sourced blockchain where participation is public and permissionless
Pre-sale
A typically exclusive token sale event preceding a public ICO
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
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