Could you elaborate on what a Bitcoin archival node precisely is? In the realm of
cryptocurrency and finance, the terminology often holds specific meanings. As a professional practitioner, I understand the significance of nodes in maintaining the blockchain, but I'm curious about the specific role and purpose of an archival node. Does it differ significantly from a regular node? Does it store the entire history of transactions on the Bitcoin network? How does it contribute to the security and stability of the Bitcoin network?
6 answers
Andrea
Sun Jul 07 2024
Functioning as archival nodes, they are responsible for downloading every block and transaction that occurs on the blockchain.
GeishaWhisper
Sun Jul 07 2024
Once downloaded, these nodes rigorously check each block and transaction against the core consensus rules that govern the Bitcoin protocol.
Valentina
Sun Jul 07 2024
If, during this process, a transaction or block is found to violate these rules, it is immediately rejected.
Enrico
Sun Jul 07 2024
Among Bitcoin enthusiasts, the non-mining full node is a familiar sight.
DongdaemunTrendsetter
Sun Jul 07 2024
This rejection occurs regardless of whether other nodes on the network may consider the transaction or block to be valid.