The role of P2P in the block chain
The inherent P2P of blockchain technology is what allows Bitcoin and other cryptocurrencies to be transferred worldwide without the need for intermediaries or any central servers. Alternatively, anyone can set up a Bitcoin node if they want to participate in the verification and validation of blocks.
So there are no banks to process or record transactions in the Bitcoin network. Instead, the blockchain acts as a digital ledger that publicly records all activity. Basically, each node holds a copy of the blockchain and compares it to the other nodes to ensure the data is correct. The network quickly rejects any malicious or inaccurate activities.
In the context of cryptocurrency blockchains, nodes can assume a variety of roles. For example, full nodes are nodes that provide security to the network by verifying transactions against the system's consensus rules.
Each full node maintains a complete, updated copy of the blockchain - allowing them to participate in collective work to verify the real state of the distributed ledger.
#Wolf #Wolfinace
#coin #defi #swap #farming #dapp #Margin#Trading #Game #Margin
#OTCMarket #OTC
#Tron #USDT #ETH #BTC #WSC
#울프파이낸스 #Wolf파이낸스 #울프 #울프파이넨스
#코인 #디파이 #파밍 #마진거래 #마진트레이딩 #마진
#OTC마켓 #Wolf파이넨스
Facebook
https://www.facebook.com/wolfinance.io
Instagram
https://www.instagram.com/wol.f.inance/
Twitter
https://mobile.twitter.com/wolf_finance_
Naver Blog
https://blog.naver.com/wolffinance1
Naver Band
https://band.us/band/82126405
you tube
https://www.youtube.com/channel/UCEWvH297LjfBWksR9rwKcrw
Website
https://wolfinance.io/
Contact Us : 고객센터문의, Tel: 대표 201-674-5611
E-mail: lakorea77@gmail.com, 빠른카톡상담ID : newyorkkorea
미국최대 대표포털 LA코리아는 미국법률변호사고문 및 미국저작권법의 보호를 받고 있으며, 컨텐츠 및 기사의 무단 전재 및 재배포를 금합니다.