Video Title: Nodes in Blockchain
Welcome back aliens my name is abyss ready and let’s contribute the city’s on blockchain in this video we’ll talk about nodes and the blockchain system we have a concept of nodes now you can imagine a computer or mobile phone or network is known as node in fact the Internet which we are
Using now the devices which we use are nodes right example it can be router it can be desktop anything so in the same way in the blockchain network also we have a concept of nodes now this nodes can be again a computer or a mobile phone now what this node
Does now based on the type of node you have it perform different operations now first of all we have two different types of nodes the first one is full node or you can call them as fully right ated node the second type of node we have is
Partial node or you can say light nodes so let’s talk about full node first now full node is basically a computer which will have the entire blockchain so the current size of blockchain is 188 GP I’m talking about today’s date which is 28 October 2018 so it is 188 GB and every
Date is increasing so all this data will be stored on full node this full node has one more task of verifying the nodes so first it will store the entire blockchain second it will verify the blocks which is getting added so every time the connected note says hey we got
New block now so this full node will verify the entire blockchain and once it verifies then only it will store it you know something like let’s say if the beard node says hey node we got a new block for you but this full node will
Check ok so you are giving me a new block let me first verify it after verifying it then only it will add that block in the full node now induction we have one more table which is – now – I basically mined the blocks now again how
That works that we discussed later we have a concept of transactions the transaction goes into a block a – will mine it we talk about that later a full node can also be a miner basically if a full rotor computer runs a mining software then we can call them as mine as well
It’s not compulsion that a full node should be miner as well okay so we have two different a full note and then we can have a full node with a minor now only thing is we talk about full load we only need a huge amount of storage which is approximately
188 GBS but now but if you want to be a miner that’s where you need a huge computing power now when I say huge computing power I’m talking about stack of CPUs and huge amount of GPUs so – they use CPUs and GPUs as well you can
Try those things with your laptop but then you can never mind with your laptop because it has a very low power you need a huge amount of power and to run that machine you need electricity as well so that’s a huge investment so for the full note you don’t need a huge investment
You can use your normal computer provided you have 200 GB free now but then if you want to be a miner you need a huge amount of CPU and GPU power basically you need an entire Center with CPUs and GPUs investment right but then as a miner you earn incentives as well
So basically we have incentive model so every time you mind a new block you do on the transaction fee and then some bitcoins as well again that’s only specific to Bitcoin but again we’ll talk about that later but fulle note as a full note you don’t earn but then you
Can be a miner to earn because they’re investing lot of money on the other hand we have a concept of partial nodes on light nodes example let’s say if you want to use Bitcoin if you want to use any ballot and if you want to do that on
Your mobile phone of course your mobile phones need to have that software now of course this will also be a node now the moment you install software this becomes a node but then this will be a partial node because I cannot simply download the entire blocks on
This phone so this will have somewhat of blockchain so that it can run so that it can you know send money to someone else that’s your light node or you can say partial node so we have a concept of full node who will verify the transaction so we
Will store the entire blockchain and then we have partial nodes who can only they use it for valid purpose so that’s about no talking we’ll talk about in detail how exactly miner works how exactly the gate blocks just to get the idea of nodes this is what notes are so
That’s it from this video I hope you enjoyed this in the comment section and does a step for whatever used by
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tha vera lvl mama..
This is good and awesome tutorial for blockchain interested beginners,Thank you for the lesson.
nodes: all the devices in the network.
full node: the complete blockchain data. needed for verification purpose.
partial node: some part of block chain. only useful for wallet purpose.
So Miners are going to become leaders of this business. So what democracy can we expect?
how are nodes register on blockchain? how do each node let every node know it exist?
INT
you've made it easy to understand. thank you from Dade County Florida💪💯
Wow, so strange this would pop for me out of nowhere, because here we are 3 years and 2 months later, and there has been a 30X increase ''Node Passive Income'' projects especially in the past 12 months, but many of them are sketchy to outright scams but they succeed on the ignorance of most crypto investors who have no history of nodes, and how today's projects are just hijacking the terminolgy many times.
it's 381 GB now (5-02-22)
Thank you very much.
thanks a lot sir , you are king of this arena
what is the incentive of having a full node????
Current size on September,2021 is 365.925 GB
where is your next description about node? its help me a lot.
It's Desktop not Dekstop…
Can I use my device as a nodes to have an extra income?
Excellent playlist 👌👌👌👌I found so far for blockchain knowledge…. Small doubt naveen, who will maintain blockchain website you mentioned in this video? Wt is the software should I install in my mobile to become partial node
Quick!
Did he just call me an alien?
nice <3
Sir pls can you show how to develop block chain using MERN STACK
Needs more context.
Do you know CWVBLOCKCHAIN has a block height of nearly 50 million, TPS / CTPs of more than 50000, and supports 100 supernodes?. If you don't know you know so Why delay, why not join the moving train and be among the successive blockchain users.
Nice explained 👍👍👍👍
sir u have built my keen interest into blockchain! really loved ur videos how can i dive more into it? like if u could suggest us some resources to go on with
thanks a lot sir…….
I always love your way of teaching. Thank you Sir.
Great interesting application
Sir you had said that in full node verify the block chain . What will it verify in the chain?
sir, so all full nodes verify the transactions in a block that a miner validates and sends to them.
@telusko it sometimes get annoying to hear wrong pronunciation of wallet again and again 😉
U r great sir
I'm an iitian but I never have seen videos on the blockchain before as the way you thought
Sir what about remaining two
Good information…baaa baaaiiiii 😃
sir, as u said Full node is verify the blocks and store the blockchain so just want to know how and where it store. Is this any physical storage like data center or something?
thanks.
you're awesome sir
This series will be awesome .Please upload more videos.