Full Node

A full node refers to a type of node in a decentralized network, such as a blockchain, that stores a complete copy of the network's transaction history and is capable of independently validating and relaying transactions.

In the context of blockchain technology, a full node serves as a critical component in maintaining the security and integrity of the network. It plays a key role in verifying the authenticity of transactions and blocks by comparing them to the rules defined by the consensus algorithm.

Full nodes can also participate in the network's consensus mechanism by mining or staking, depending on the specific blockchain protocol. However, mining or staking requires a significant amount of computational power and resources, making it impractical for most users to run a full node that engages in such activities.

Despite the resource-intensive nature of running a full node, they are still an essential part of the decentralized network. By running a full node, users can contribute to the network's overall security and ensure the integrity of the blockchain data.

Examples of popular cryptocurrencies that utilize full nodes include Bitcoin, Ethereum, and Litecoin. Running a full node for these cryptocurrencies allows users to independently verify transactions and contribute to the decentralization of the network.

Also study

State Channel
A state channel is a layer-2 scaling solution that enables off-chain transactions and interactions between participants in a blockchain network. It allows for faster and more efficient transactions by reducing the need for every transaction to be recorded on the blockchain.
General Public License
The General Public License (GPL) is a free, open-source software license that was created by the Free Software Foundation (FSF). The GPL allows users to run, study, modify and distribute software under certain conditions.
In trading and financial markets, a "taker" refers to a market participant who accepts an existing order from the order book, thus "taking" liquidity from the market. Takers are typically individuals or entities that execute orders to buy or sell assets at the prevailing market prices.
Selfish Mining
Selfish mining is a strategy employed by a group of miners in a blockchain network to gain an unfair advantage over other miners and increase their chances of earning block rewards. It exploits the way blockchain networks reach consensus through the mining process.

Welcome to the
Next Generation DEX.