Cryptocurrency Q&A Who controls blockchain nodes?

Who controls blockchain nodes?

Lucia Lucia Fri Nov 29 2024 | 6 answers 855
I'm curious about blockchain technology and want to understand who has control over the nodes in a blockchain network. Are they controlled by individuals, organizations, or is it a decentralized process? Who controls blockchain nodes?

6 answers

Caterina Caterina Sat Nov 30 2024
These nodes collectively adhere to a predefined consensus algorithm protocol.

Was this helpful?

124
78
SumoHonorable SumoHonorable Sat Nov 30 2024
Blockchains operate within a peer-to-peer (P2P) computer network framework.

Was this helpful?

239
22
ethan_harrison_chef ethan_harrison_chef Sat Nov 30 2024
This network serves as the backbone for managing blockchain technology.

Was this helpful?

103
61
Raffaele Raffaele Sat Nov 30 2024
This protocol is essential for adding and validating new transaction blocks.

Was this helpful?

111
21
CryptoDynasty CryptoDynasty Sat Nov 30 2024
It functions as a public distributed ledger, enabling transparency and accessibility.

Was this helpful?

224
30
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts