Nodes refer to internet connected devices that provide support, efficiency, and security to a blockchain platform. Nodes perform myriad functions including verifying transactions, processing data, processing transactions, acting as a point of communication by connecting with other nodes, and storing and encrypting information in a block.
Characteristically, nodes are used by developers in the development of applications that are blockchain-based. Essentially, the process of running nodes is complex and often characterized by excessive expenses and time consumption and as such, most people opt for the services of node service providers with the necessary tools and infrastructures as alternatives to self-running. When running nodes, it is important to ascertain that the network, hardware and software meet set parameters and conditions. Markedly, the classification of nodes is based on availability and nodes differ based on functionalities. Nodes come in myriad distinct types namely; lightning, full, archival, pruned, mining, super, light and authority nodes to name a few.
Here is a guide for running a node.
Part 1 – Selecting your Blockchain Service Provider
1 Evaluate the back-end services
2 Check that the blockchain-enabled systems and processes are user-friendly
3 Assess the level of security provided
4 Check out their pricing options
5 Evaluate the terms of service support
6 Analyze previous experience or track record in developing blockchain technologies
7 Analyze the post-deployment support
8 Check availability of Modular codebase for customization purposes
9 Ensure it has ease of integration with multiple products and services
10 Check the ability to solve issues to do with node synchronization and interoperability
11 Assess the APIs’ access by other cryptocurrencies
Part 2 – Deploying a Node
12 Check that your device has the latest version of Mac OS X, Windows or Linux
13 Ensure your device has a Broadband Internet connection
14 Check that your SSD has performance capabilities of 68 MB / s random write and 30.9 MB / s random read
15 Check that your device has 500 GB or more of free disk space available
16 Ensure your internet connection is unlimited with no upload limits
17 Ensure your disk has a minimum read speed of 100 MB/s
18 Check availability of multiple synchronization techniques for ease of integration
Note:
- Third party service providers include Alchemy, Infura, Blockdaemon, Getblock, QuikNode
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