Breaking Down Nodes: The Unsung Heroes of Blockchain Technology

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We live in a world powered by technology, where blockchain is fast becoming a superstar. But behind every blockchain transaction you make or smart contract you execute, there’s an unsung hero: the Blockchain Node.

Today, let’s shine a spotlight on these hidden giants and explore their essential role. We’ll also delve into the unique world of the KleverChain and its vibrant validator nodes.

How do blockchain nodes work?

In the simplest terms, a blockchain node is a computer that participates in a blockchain network, either by storing a copy of the blockchain, verifying transactions, or even creating new blocks of transactions. Nodes form the backbone of blockchain technology, maintaining the network’s health, integrity, and security.

Different Types of Nodes

There are different types of nodes in a blockchain network, and each plays a vital role.

Here’s a quick rundown.

Blockchain Full Nodes: The guardians of the network, Full Nodes store the entire blockchain’s information, ensuring its availability for other nodes. They also validate all transactions and blocks against the network’s rules, acting as the network’s integrity police.

Blockchain Light Nodes: These nodes, also known as SPV (Simple Payment Verification) nodes, do not download the entire blockchain. They rely on Full Nodes for information and mainly use them on mobile devices due to their lighter resource requirements.

Mining Nodes: In a Proof-of-Work blockchain, these nodes compete to solve a mathematical problem. As a result, they add a new block to the blockchain and get rewarded in return.

Archive Nodes: These are full nodes taken to the extreme. In fact, they store everything, including all intermediate states for smart contracts, providing a rich database for querying the blockchain’s entire history.

The KleverChain: A Symphony of Nodes

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Now, let’s turn our attention to the KleverChain – the homegrown blockchain of Klever. Just like any other blockchain, KleverChain also relies on nodes to function. But what makes KleverChain nodes special?

Let’s find out.

The Klever Validators Program: Becoming a Guardian of the KleverChain

In 2022, Klever launched a unique initiative – the Klever Validators Testnet Program. This program, also known as the War of Nodes, designed a series of competitive challenges to prepare validators for the upcoming KleverChain Mainnet.

Why is this relevant?

Because validators, once elected, play a crucial role in maintaining the integrity of the Klever network. They take part in generating new blocks on the Klever Chain by reaching a consensus with other validators. And guess what? For their work and performance, they receive rewards in KLV!

Now, imagine you could be one of these guardians of the KleverChain, actively participating in the heart of blockchain action.

The requirements?

Running a validator node requires essential skills, providing 99.9% uptime, self-staking enough KLV on the node, and attracting enough KLV delegation to become an elected validator.

KleverChain, built from years of studying various blockchains, is designed to be anonymous, trustless, secure across borders, and highly efficient in terms of security, performance, scalability, and accessibility. It operates on a Proof-of-Stake (PoS) consensus mechanism, which means any individual or company can be chosen as a validator based on the amount of KLV they have staked.

Moreover, with KleverChain, you’re not just part of a standard blockchain; you’re part of a high-performance machine. While Bitcoin transacts 4.6 transactions per second and Ethereum just 15, KleverChain can handle more than 2000 transactions per second!

Calling All Future Validators: It’s Your Time!

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Ready to become part of something bigger than yourself? Keen to support the integrity of a blockchain designed for the future? Great, because KleverChain is calling for validators to join the ranks. Don’t miss out on the opportunity to become a guardian of the KleverChain.

KleverChain is poised to redefine the public blockchain space with built-in KApps and features like On-Chain swap, Liquidity mining, NFT marketplace, Blockchain Wallet, and DEX.

So, are you ready to make your mark?

Join the Elite

Ready to geek out and learn how you can be a pivotal part of the Klever ecosystem?

Our Klever docs have all the geeky details you need about How to Run a Node. Therefore, don your tech hat and step into the exhilarating world of blockchain nodes.

Ready to embrace your inner geek and navigate the realm of validator nodes? To the heart of the blockchain, we go!

Visit klever docs now and become a validator!