Latest News on Blockchain Technology & Nodes | Nodes.com

43% of All Bitcoin Nodes Are Run from USA and Germany

Bitnodes, a cryptocurrency statistics website, released the global node distribution for Bitcoin. At the top of the list stand the United States with the most reachable Bitcoin nodes at 2,521, which is 24.45% of the worldwide number of nodes of 10,312 as of the time of writing this. The majority of the US nodes are hosted in California, home of Silicon Valley, one of the global centers of cutting-edge technology. The Runner-ups – Germany, France, Netherlands and Others At the second position of the most nodes that are reachable globally, stands Germany with 1,953 Bitcoin nodes. This equates to an 18.94% share of the nodes spread worldwide, further solidifying the countries reputation for having one of the leading and most...

30.01.2019

The First Blockchain Transaction in Space Is a Fact on Qtum Network

SpaceChain, a decentralized community-driven space platform, announces the success of the first ever blockchain transaction being carried out in space on the Qtum network. Co-founder and chief technology officer Jeff Garzik, states “This multi-signature cold wallet service – an application developed by SpaceChain engineers to test the space node – shows proof of technology of being a potential cyber security solution for the blockchain industry.” Blockchain Technology and Nodes in Space The first fully functional Qtum blockchain node was launched into space on October 25th, 2018. Prior to that, at the Taiyuan Satellite Launch Centre in Xinzhou, China, SpaceChain launched their first blockchain space node. While the launch in October featured a fully functioning node, the former was equipped with...

23.01.2019

Bitcoin Leads Ethereum in Node Numbers

For the very first time since 2016, Bitcoin managed to surpass Ethereum’s number of nodes. Even considered as a project with several advantages when compared to Bitcoin, Ethereum currently possesses 10,078 nodes, while the original coin accomplished 10,266 active users in the network. Bitcoin vs Ethereum What you should also think of is the size of the ETH’s blockchain, which is around 100GB. If it’s up to the BTC’s one, we’re speaking for around 200GB. Anyway, they both need a computer and constant internet connections, and the sync time for both can take awhile, so space is what actually might matter at some point. In 2018’s summer, Ethereum’s nodes halved from 16k to 8k. Speaking of Bitcoin, there were only...

16.01.2019

Litecoin’s Lightning Network Reached 100 Nodes

Litecoin recently achieved more than 100 nodes active in the Lightning Network. They have 295 channels and 26.73 LTCs active, which is around $1,023! Litecoin – Operating in Bitcoin’s Shades With these hundred nodes, Litecoin has a lot of work ahead in order to reach its larger brother – Bitcoin. Bitcoin currently has 5183 active nodes, which are operating in more than five hundred different channels, and are worth around 2,2M dollars. Even if willing to catch up with Bitcoin’s 18% growth, Litecoin’s 6% are still far than enough. Anyway, Litecoin’s creator Charlie Lee is sure that Litecoin is an attractive alternative to follow. Litecoin’s Bright Future in Obscurity As an illustration of Litecoin’s price fluctuations last year, its founder...

09.01.2019

Samourai Wallet’s Latest Update

The Samourai Bitcoin wallet state the launch of a general upgrade of its interface and also gives some hints on upcoming features to expect in 2019. Latest announcement confirm that developers are working on a hardware device to access your full node via TOR anonymity service. It’s name is Dojo and it includes a special software integrated to work with. About Samourai As a project which aims for anonymous transactions, the team behind it invest resources mostly in developing privacy software. They have launched the Samourai wallet in 2015 as an open source code to be readable and editable for any reasons by everyone. Developers of Samourai are the first to ever create an offline transaction option while supporting the...

02.01.2019

Blockstream Expands Their Satellite Network for Global Coverage

Blockstream blockchain company announced that they have reached the second stage of their Bitcoin communication satellite this Monday! This means we’re one step closed to be able to use Bitcoin without an Internet connection. Blockchain via Satellite Blockstream introduced last year an innovation when speaking of crypto access. The bockchain technology company state that they’re working on a satellite to help users access Bitcoin without an Internet connection. This is going to expand the crypto usage in regions such as North and West Africa. The team’s main aim is that users from all over the world can be able to download and confirm blocks by radio signals. When this is finally possible, being a full node won’t cost such an...

26.12.2018

Startis’ Long-Awaited C# Full Node is Finally Live

Last week Stratis’ team announce a long-awaited news. Finally, the replacer of their legacy X full nodes is here! It’s called Stratis C# full node and as declared by the project – “it’s more than a node”. A mixture of application in the same platform, in tandem with a C# extensive functionality! Full Nodes Role Full nodes are known as one of the basic elements of the blockchain, which supports the network. They are the peers of cryptocurrencies and decide everything delated to transactions. The current article is going to present you the newest Stratis full node, called C#, which reveals a brand-new idea behind them. Stratis’ X Nodes Promising to decrease crypto’s complexity, the team behind Stratis is working...

19.12.2018

XRP Achieves an All-Time High Regarding Decentralization

Ripple Inc. controls only 27% of the validator nodes list and their XRP token holdings are locked in an escrow contract making it impossible for them to withdraw as they please. This has increased the decentralization of the network to a new level. Increase in Decentralization Through Relinquishing of Control Up until recently, Ripple Inc. was in control of а majority of validator nodes that are on the Unique Nodes List and controlled a large portion of the XRP (roughly 53 billion tokens). Now their node control is below 30% and tokens being put in an escrow contract that will not allow free withdrawal at will. The transaction has to be approved of at least the remaining 78% of the...

12.12.2018

NEO Nodes Security Compromised: Threat of Coin Theft

Node hosts of the cryptocurrency NEO, dubbed the Chinese Ethereum, have been hit by some disturbing news regarding the security of their earnings. Accredited to outdated software, a post on security company Tencent’s Weibo page (a Chinese microblogging site), notifies users of a critical software vulnerability, that could potentially compromise all their wallet funds. Updating NEO’s CLI Client Keeping in mind the open-source nature of cryptocurrencies and how many users there are, running with the default configuration for your node opens you to certain risks. As a rule of thumb, modifying the configuration file to fit your own needs is always recommended, as it adds an additional layer of security. In that line of thought, if you’re an owner of...

05.12.2018

Ethereum’s New Serenity Protocol Reduces the Cost of Running Staking Nodes

A week ago, Ethereum tweeted some news on the Serenity Protocol update, which is about to become the most efficient opportunity to run a staking node on their platform. It was considered as a step in the transition from the PoW to a PoS consensus change since it causes a high expectancy among the Ether users. Essentials of Serenity You have probably heard that Serenity is the long-waited protocol, which is part of the PoS planned upgrade of the Ethereum ecosystem. It is going to use a consensus algorithm, called Casper and it’s expected to solve the scalability problem, caused by the increasing adoption of crypto word-wide. The Serenity is actually going to improve the Ethereum’s current condition by allowing...

28.11.2018