Crypto Terms:
Letter N
Jul 07, 2023 |
updated: Apr 02, 2024
What is Network?
Network -
refers to all nodes that are currently participating in the operation of a blockchain.
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Let's find out Network meaning, definition in crypto, what is Network, and all other detailed facts.
A blockchain is a distributed ledger of information that is batched into blocks, validated, and then approved as part of the blockchain by a network of distributed nodes via a consensus process. As a result, a network refers to every single node that is currently participating in the operation of a blockchain.