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Glossary

Node

In short

A node is a computer storing the full blockchain and verifying every transaction itself. Thousands of independent nodes make the network censorship- and manipulation-resistant.

Running your own node means trusting no one — you verify the rules yourself. For Bitcoin, a tiny computer with one hard drive suffices.

Is a node the same as a miner?

No: nodes verify and propagate rules, miners produce new blocks. Every miner needs a node, not vice versa.

Information, not investment advice. More of this? The newsletter.