In this episode of CRYPTO 101, we meet with Konstantin Richter who unveils his masterpiece, Blockdaemon. This service allows anyone to run one of dozens of blockchain nodes, for free. This not only helps secure the networks, but lets users earn revenue all at the same time. This saves the average consumer weeks and months of time, if they had an expert holding their hand through all the bash prompt commands. Not to mention thousands of dollars in server hardware and upkeep.

Why run a node? The more nodes there are under a different user’s control, the more decentralized and secure a network is against censorship, hacks, downtime, and bad actors. It is critical that major crypto networks have tens or hundreds of nodes, if not millions. Major hacking groups, including world governments and intelligence agencies have no problem spooling up thousands of nodes to perform 51% attacks, so it is very important to be conscious of this aspect of cryptocurrency -- the underlying blockchain and infrastructure is very important.

Blockdaemon is an amazing leap forward in the ease of running a node. We learn a lot from Konstantin in this episode about not only what goes into running a node, but which cryptocurrencies his platform supports, and even how the user can monetize their node to make passive income from it! If you have time to listen to this podcast, you have the time to take advantage of this opportunity!

Sponsored link:

https://CRYPTO101insider.com

Guest Links:

https://blockdaemon.com/

https://twitter.com/konstantin11

Show Links:

https://CRYPTO101podcast.com

Twitter:

https://twitter.com/Crypto101Pod

https://twitter.com/BrycePaul101

https://twitter.com/PizzaMind

https://instagram.com/crypto_101

Facebook:

https://www.facebook.com/groups/101Crypto

https://www.facebook.com/CRYPTO101Podcast

**THIS IS NOT FINANCIAL OR LEGAL ADVICE**

© Copyright 2021 Boardwalk Flock, LLC All Rights Reserved

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Fog by DIZARO https://soundcloud.com/dizarofr

Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0

Free Download / Stream: http://bit.ly/Fog-DIZARO

Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Our Sponsors:
* Check out CigarBid and use my code CRYPTO101 for a great deal: https://cigarbid.com/Crypto101
* Check out Gemini Exchange: https://gemini.com/card
* Check out Plus500: https://plus500.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy