Understanding the Potential of Light Nodes
A light node, also known as a SPV (Simple Payment Verification) node, is a type of cryptocurrency node that operates with reduced resource requirements compared to full nodes
A light node, also known as a SPV (Simple Payment Verification) node, is a type of cryptocurrency node that operates with reduced resource requirements compared to full nodes
In blockchain technology, a node refers to a computer or device that participates in the network by maintaining a copy of the entire blockchain
The distributed ledger, also known as a decentralized ledger, is the underlying technology that powers cryptocurrencies
A full node, also known as a network node or simply a node, refers to a computer or device that participates in a peer-to-peer cryptocurrency network
In a 51% attack, an individual or a group gains control over the majority, or 51%, of the network’s hashing power. This formidable majority gives them the ability to manipulate the blockchain’s operations and undermine its integrity