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How do MinCoin network nodes work?


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#1 sdf

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Posted 15 October 2013 - 12:08 PM

I am totally ignorant on this topic. Could someone explain the mechanisms that support our network/decentralized p2p exchanges in general?



#2 thomas_sun

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Posted 31 October 2013 - 10:08 PM

i want to know too



#3 LongAndShort

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Posted 05 January 2014 - 04:13 PM

Basically every wallet client is a node, so every client running is a node (mining from it or not) and works to receive a transaction that has been submitted at point A and then broadcasts that transaction to other nodes so they then continue to verify it by searching the blockchain to find where all of those coins came from then they say its good and they don't broadcast to the network that they don't like that transaction.

 

Here is a link to more info if you are that keen http://www.impondera...under-hood.html


“Those who surrender freedom for security will not have, nor do they deserve, either one.”
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