Tag: process

How Does The Bitcoin Network Process Transactions?

A Bitcoin full node could be modified to scale to much higher transaction rates than. Bitcoin was designed to support lightweight clients that only process small. node and transactions on the block chain without regards to network security. Investing in Bitcoin (BTC) is now expensive, and getting your own through mining is nearly impossible for…



What Incentive Do People Have To Help Process Bitcoin Transactions

The incentive for operating an archival node that can serve the blockchain to other peers is that doing so helps maintain the network and thus gives value to the Bitcoin that you are mining. Likewise, is there a direct incentive to broadcast all transactions to other nodes immediately? Yes. If run a full node which…