thedailybitcoinshow

WBD315 Bitcoin Tech #2 - Nodes (Part 1) with Shinobi


Listen Later

The core fundamental aspect of Bitcoin is its censorship-resistant nature; this is only possible because the network is meaningfully decentralized. Decentralization is achieved by bitcoiners worldwide running nodes (a computer connected to the bitcoin network, e.g. Bitcoin Core). These nodes maintain the network rules, known as consensus, and ensure all transactions and blocks are valid by keeping a copy of the entire history of the blockchain. Aside from supporting the network, running a node helps improve your privacy and allows you to validate your transactions without requiring a 3rd party. If you are not running a full node, you cannot use the bitcoin network in a trustless way. It is hard to know the exact number of nodes connected to the bitcoin network. However, Luke Dashjr estimates the number to be somewhere around 80,000. In this interview, I talk to Shinobi, the host of Block Digest. We discuss what a node is, why running a node is crucial for the network, which hardware & software to use, and the impact on privacy.
...more
View all episodesView all episodes
Download on the App Store

thedailybitcoinshowBy The LTB Network

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

208 ratings


More shows like thedailybitcoinshow

View all
Makers of Sport® Podcast by A Sports Design Podcast by T. Adam Martin

Makers of Sport® Podcast

140 Listeners

The Smart Home Show by Adam Justice

The Smart Home Show

75 Listeners

Home: On - a DIY home automation podcast from The Digital Media Zone by Richard Gunther

Home: On - a DIY home automation podcast from The Digital Media Zone

99 Listeners

HomeTech.fm by Gavin Campbell, TJ Huddleston, & Seth Johnson

HomeTech.fm

79 Listeners

Psychos with Ryan Williams (Mushroom Comedy, Research, and Storytelling) by Ryan Williams: Mushroom Storytelling, Comedy, and Research

Psychos with Ryan Williams (Mushroom Comedy, Research, and Storytelling)

181 Listeners

TearDownShow by TearDownShow

TearDownShow

9 Listeners