PurpleHorse ⚡️ on Nostr: Verifies indeed. No a miners mine blocks (delivers computational power to find the ...
Verifies indeed.
No a miners mine blocks (delivers computational power to find the next block), this costs a lot of power to compete against other miners to ‘ain’t he block reward. When a block gets found nodes check if the block is correct and verify the transactions.
A node is a simple computer (like a raspberry pi, but can be any computer) that downloads / checks and syncs the blocks with the complete network. It downloads each block (max 4mb) when it’s mined and isn’t power consuming making it easy and affordable for everyone to check and verify the chain. This is a very important part for the decentralisation part
No a miners mine blocks (delivers computational power to find the next block), this costs a lot of power to compete against other miners to ‘ain’t he block reward. When a block gets found nodes check if the block is correct and verify the transactions.
A node is a simple computer (like a raspberry pi, but can be any computer) that downloads / checks and syncs the blocks with the complete network. It downloads each block (max 4mb) when it’s mined and isn’t power consuming making it easy and affordable for everyone to check and verify the chain. This is a very important part for the decentralisation part