Alright so, if I understood it correctly I can run my very own full node e.g. by running the Bitcoin Core software on my desktop and broadcast transactions on my own. Therefore I do not trust a random node from my hardware wallet provider - so far so good.
I have read by running a specific version of the software you have a vote on potentially changing the network - if enough nodes agree on this specific change the rules have changed for the entire network, right?
What if an external entity, letβs say a government or a huge company, boots up 40 thousand nodes and is able to have majority on changing the rules of the network? Iβm a bit confused about the role of nodes and having impact on the network. If someone could elaborate Iβd really appreciate that!
Thanks :-)
[link] [comments]

You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments