What is a Bitcoin node? 🤓

CoinCorner
Oct 29 · 1 min read
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The Britcoiners team introduced a new segment to the podcast recently— a quick educational chat to help educate listeners on different Bitcoin topics.

Their first topic for discussion was Bitcoin nodes — you can listen to the episode rather than read about if you’d prefer! 🎧

Explain to me like I’m 5

Many people in the Bitcoin industry have different definitions or opinions on nodes, but put simply, a node is a piece of software that you download and run (e.g. Bitcoin Core) on your computer, much like any Windows, Linux or Mac software.

Okay, what happens next?

People running nodes are participants in the Bitcoin network and will start off with a full copy of the blockchain, taken from day 0.

Once installed, your node validates Bitcoin transactions and blocks that it receives from other nodes on the network.

After being validated, the transaction or block is passed on to other nodes.

Of course, this is a high-level overview and there are a few more technicalities to nodes! Danny goes into these in a bit more depth in the episode.

Listen to the 7-minute Britcoiners episode for more detail, including starting your own node.

CoinCorner

One of the UK’s oldest and leading Bitcoin exchanges…

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