Blockchain network

From wiki
Revision as of 15:05, 25 May 2021 by Hdridder (talk | contribs)
Jump to navigation Jump to search


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), private or hybrid.

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.