Why Nodes are Essential
Nodes are the backbone of the VirtuCloud network, providing crucial functions that maintain decentralization, reliability, and security. Here's why nodes are indispensable:
Decentralization: Nodes distribute the processing and storage of data across the network, preventing any single point of failure and ensuring that no single entity can control the network.
Reliability: With multiple nodes verifying transactions and maintaining copies of the blockchain, the network becomes more resilient to attacks or malfunctions.
Security: Nodes play a vital role in verifying the validity of transactions and ensuring that no fraudulent or malicious activity occurs on the network. Their participation in the consensus mechanism helps to prevent double-spending and other attacks.
Last updated