A node is a computer or server that participates in a proof of stake blockchain network and allows it to function.
Blockchains require many parties to synchronize with the network in a peer‐to‐peer manner. Nodes are the core components of proof of stake networks, representing those synchronized parties. They are distributed across a network, creating decentralization and carrying out a variety of tasks.
Nodes perform the basic functions of the network, such as validating transactions, ensuring the accuracy of the blockchain, submitting votes on network governance, and generally maintaining decentralized consensus. Typically, each node stores its own copy of the blockchain and keeps track of incoming transactions in order to have an up-to-date view of the network.
Different networks operate on different types of nodes. For example:
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Bison Trails is a blockchain infrastructure platform-as-a-service (PaaS) company based in New York City. We built a platform for anyone who wants to participate in 23 new chains effortlessly.
We also make it easy for anyone building Web 3.0 applications to connect to blockchain data from 33 protocols with Query & Transact (QT). Our goal is for the entire blockchain ecosystem to flourish by providing robust infrastructure for the pioneers of tomorrow.
In January, 2021, we announced Bison Trails joined Coinbase to accelerate our mission to provide easy-to-use blockchain infrastructure, now as a standalone product line. The Bison Trails platform will continue to support our customers. With Coinbase’s backing, we will enhance our infrastructure platform and make it even easier to participate in decentralized networks and build applications that connect to blockchain data.