RE: Hive Witness Node Back Online
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Its a generic question, I want to expand my scope of knowledge
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You are viewing a single comment's thread:
Its a generic question, I want to expand my scope of knowledge
Ah well basically all cryptocurrencies work in this way.
A node is a server that runs the network.
The difference with crypto is that a lot of different nodes all keep track of the exact same database and talk to each other to make sure everyone is following the rules. Those rules include ways to post blocks, which store all the raw data and transactions that occur. In POW it's whoever wins the hashing lottery with mining computers. In DPOS nodes with the most votes get to post blocks. On Hive the top 20 broadcast 1 block every minute. My backup node at rank #42 only posts a block like every hour.