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
Immutable
A property characterized by inability to be change and stays unchanged over time.
Miners
Contributors to a blockchain taking part in the process of mining.
Gas Price
A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain.
Transaction Fee
A payment to the network for performing a transaction to be recorded on the blockchain.
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