NODE - MEDIUM OF EXCHANGE - CONSENSUS


NODE	a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network. ^{Source + Source}
MEDIUM OF EXCHANGE	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. ^{Source + Source}
CONSENSUS	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
TURING COMPLETE	the consensus is achieved by ensuring that the ledgers are exact copies of each other and all participants of the network agree on the validity of the transactions. ^{Source + Source}


NODE	a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network. ^{Source + Source}
MEDIUM OF EXCHANGE	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. ^{Source + Source}
CONSENSUS	the consensus is achieved by ensuring that the ledgers are exact copies of each other and all participants of the network agree on the validity of the transactions. ^{Source + Source}
TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}

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NODE - MEDIUM OF EXCHANGE - CONSENSUS - TURING COMPLETE -