Post
Topic
Board Bitcoin Discussion
Re: What is the actual point of the many working parts of Bitcoin/blockchains?
by
jerrison
on 10/03/2021, 22:50:52 UTC
Those nodes cummulatively contribute to the decentralization and alos the digitization of the ledger system. Normally, these things were been done by one person or institution in the regular regional way of finance but looking at it from a decentralised system, it eliminates the need for trust and also the possibility of an easy hack. it is necessary to have all those nodes as they all help to make the network safer.