Andreas M. Antonopoulos on the role of NODES

2 years ago
8

Hey there! So, Andreas M. Antonopoulos is known as a Bitcoin and open blockchain expert, and recently he had a Q&A session where he tackled questions regarding the role of nodes in these systems. In his usual insightful style, Andreas emphasized that nodes play a critical role in ensuring decentralization and security on these networks. He explained that nodes are essentially individual computers running specialized software that helps validate transactions and maintain the network's integrity. These nodes communicate with each other to reach consensus on changes made to the blockchain, making it incredibly difficult for any single entity or group to manipulate or control the system. Andreas also busted some myths surrounding the operational costs of running a node, stating that it can be done even with low-end hardware and minimal bandwidth usage. Overall, his answers provided clarity on why nodes are essential for maintaining the decentralized nature of cryptocurrencies like Bitcoin.

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