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Node

Also called node. In blockchain technology, a node is a computer connected to a blockchain network that performs a number of actions essential for the maintenance of a distributed network. Some nodes validate transactions, while others observe activity on the blockchain. Nodal network structure is also an important aspect of maintaining security on a blockchain network.

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Related Cryptopedia

DeFi

DeFi, short for Decentralized Finance, is a financial ecosystem built on blockchain technology, which aims to transform conventional finance services. It offers endless possibilities, like digital assets, smart contracts, and decentralized applications (dApps), all driven by transparency and efficiency.

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Staking

Staking is the process by which a user of a blockchain network "stakes" or locks their cryptocurrency assets to a network ...

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NFT

An NFT is a unique ownership token on the blockchain...

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Flippening

Flippening is a term speculators use for the exchange of...

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Whale

An address on the blockchain that holds a large number of crypto...

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Staking

Staking is the process by which a user of a blockchain network "stakes" or locks their cryptocurrency assets to a network ...

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