Questions tagged [nodes]

CryptoNerd Fri Oct 11 2024 | 5 answers 1296

I'm wondering if nodes in the Bitcoin network are responsible for mining new Bitcoins. Do they all participate in the mining process, or is it only a specific subset of nodes that handle this task?

BusanBeautyBloomingStarShine Thu Oct 10 2024 | 5 answers 636

I'm trying to understand the distinction between nodes and blockchain. I know they are both related to cryptocurrency and distributed ledger technology, but I'm confused about how they differ from each other.

Pietro Wed Oct 09 2024 | 6 answers 1688

I'm curious about the earnings potential of nodes. Specifically, I want to know how much money nodes can generate. Whether it's through mining, staking, or other means, I'd like to understand the typical income one can expect from operating a node.

MysticInfinity Wed Oct 02 2024 | 7 answers 1449

Could you please elaborate on the question of who controls Bitcoin nodes? I understand that Bitcoin is a decentralized network, but there must be some individuals or entities that operate and maintain these nodes. Are there any regulations or guidelines in place to ensure that the network remains secure and fair? Is it possible for a single individual or entity to gain control over a significant portion of the Bitcoin network, and if so, what are the potential implications of such an event?

Leonardo Sat Sep 28 2024 | 5 answers 1408

Excuse me, I'm curious about the statement that Bitcoin is a P2B network of nodes. Could you please clarify what P2B stands for in this context, and if indeed Bitcoin operates as a peer-to-business network of nodes? As I understand, Bitcoin is primarily known for its peer-to-peer (P2P) decentralized network of nodes, facilitating transactions directly between users without intermediaries. I'm intrigued to learn if there's a misconception or a particular use case where Bitcoin functions as a P2B network.