Bitcoin Nodes Worldwide
What Are Bitcoin Nodes?
Briefly
- Bitcoin is a peer-to-peer digital cash system.
- The originator node broadcast his transaction to surrounding nodes.
- The receiving nodes re-broadcast the transaction and tell more nodes about.
- So the whole Bitcoin network knows about the transaction and records it.
- After a transaction is broadcast to the network, bitcoin miners (miner nodes) will confirm the transaction and record it on the blockchain.