Dogechain Explains - Blockchain Nodes ⛓ 🧊 Blockchain nodes are essential components of a blockchain network. These devices are connected to the network and participate in the verification and validation of transactions. 🛡 Nodes help to ensure that the blockchain securely and immutably records all transactions that have taken place on the network. Blockchain Nodes can have different roles in the network such as: 🔹 Storing a copy of the entire blockchain and validating transactions 🔹 Verifying and adding new transactions to the blockchain 🔹 Running smart contracts or serving as trusted intermediaries for certain transactions 🔒 Consequently, they ensure the integrity and security of the blockchain by communicating with each other and using the consensus of the blockchain to validate transactions. Running a blockchain node has several advantages 👇 1️⃣ You can broadcast transactions directly from the node, securing private information 2️⃣ Removes the need to use block explorers to check transactions 3️⃣ Can be a decent source of passive income 🥜 In a nutshell, nodes are the backbone of blockchain technology, securing the network and contributing to its decentralization. The more nodes a blockchain has, the more decentralized its consensus is. 🤝 ♻️

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