Blockchain network: Difference between revisions
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A peer to peer networks that consists of a bunch of computers participating in a blockchain network. So there is no central controlling node or something. | |||
A network can be public (anyone can participate like in the Ethereum blockchain) or private. | A network can be public (anyone can participate like in the Ethereum blockchain) or private. | ||
Revision as of 12:59, 25 May 2021
A peer to peer networks that consists of a bunch of computers participating in a blockchain network. So there is no central controlling node or something.
A network can be public (anyone can participate like in the Ethereum blockchain) or private.
Types of nodes:
- Miner; Creating new blocks
- Full node; Checking block validity using all transactions and blocks.
- Lightweight node; Checking chain integrity using only the block headers.
In a private network you don't need mining, you can just appoint one or more nodes that can create new blocks.