GLACA on Nostr: I had discussion on the topic and a lot of different opinions. They still run the ...
I had discussion on the topic and a lot of different opinions. They still run the code/non mining nodes/ they can reject the version of protocol..that is power. Isn't it the only truly decentralized part of network?
Isn't the below true regarding non mining nodes?
1. They independently validate transactions and blocks, ensuring miners follow the protocol rules correctly.This prevents miners from engaging in malicious activities like creating invalid coins or double-spending.
2. They reject invalid blocks from miners, acting as a check against 51% attacks or attempts to rewrite the blockchain history. This disincentivizes miners from producing invalid blocks.
3. They propagate valid transactions and blocks across the network, increasing the network's resilience and decentralization.More nodes make it harder to censor or disrupt the flow of data.
4. They serve as a data source for lightweight clients (like mobile wallets), allowing such clients to securely use Bitcoin without storing the entire blockchain.This improves accessibility.
5. They enable new users to independently verify Bitcoin's rules and history without trusting others, aligning with Bitcoin's trustless and decentralized principles.This strengthens censorship resistance.
In summary, while non-mining nodes don't directly secure the network through proof-of-work, they play a vital role in enforcing rules, preventing censorship, increasing resilience, and enabling trustless verification - all key security aspects of Bitcoin.
Isn't the below true regarding non mining nodes?
1. They independently validate transactions and blocks, ensuring miners follow the protocol rules correctly.This prevents miners from engaging in malicious activities like creating invalid coins or double-spending.
2. They reject invalid blocks from miners, acting as a check against 51% attacks or attempts to rewrite the blockchain history. This disincentivizes miners from producing invalid blocks.
3. They propagate valid transactions and blocks across the network, increasing the network's resilience and decentralization.More nodes make it harder to censor or disrupt the flow of data.
4. They serve as a data source for lightweight clients (like mobile wallets), allowing such clients to securely use Bitcoin without storing the entire blockchain.This improves accessibility.
5. They enable new users to independently verify Bitcoin's rules and history without trusting others, aligning with Bitcoin's trustless and decentralized principles.This strengthens censorship resistance.
In summary, while non-mining nodes don't directly secure the network through proof-of-work, they play a vital role in enforcing rules, preventing censorship, increasing resilience, and enabling trustless verification - all key security aspects of Bitcoin.