I've been studying Bitcoin anatomy, and I'm particularly interested in the Bitcoin network's exceptional privacy and decentralization. I'm curious to learn if there are any other benefits to being a node on the bitcoin network for confirming transactions.
I'm quite aware that bitcoin transaction is been made and confirm in this manner:
[A] Transaction is signed in the wallet the rightful owner.
[B.] The wallet broadcasted the transaction to the memory pool.
[C] Miners chooses the transaction to be process from the pool ( due to difference in fee that comes with every transactions).
[D] Miners find the Nonce that complete the hash output after which the miners is eligible to take the fee and block reward.
[E] Nodes will verify the transaction and add the new block to the existing blockchain history.
[A] >> [B.] >> [C] >> [D] >> [E]
And in other to be a node, ones device must be up 24/7 with available internet and stable power, it doesn't appear to be like a mining but can be tasking to some that's why I want to know if there are more incentives I don't know.