MultiversX Tracker is Live!

Question: how do miners and nodes interact? What happen during a 51% attack?

Bitcoin Reddit

More / Bitcoin Reddit 190 Views

Hi, just want to understand the importance of nodes vs miners.

In Jeff Booth article https://bitcoinmagazine.com/culture/bitcoin-signal-in-this-noisy-world he says:

" while miners compete as economic actors to secure the network, they are held in check by nodes (open to anyone to easily set up and run) who confirm the transactions "

how does having ALOT of ppl running these nodes help keep the miners in check? I understand it confirm the transaction but does that do anything? In an even of a 51% attack, how does these nodes help?

submitted by /u/Kitsune_85
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments