Why Nostr? What is Njump?
2024-05-08 09:00:30

IRS on Nostr: We are still waiting on the money transmitter license applications from all these ...

We are still waiting on the money transmitter license applications from all these nodes. We will review them asap, please be patient and refrain from transacting until then.
The number of #Bitcoin full nodes currently running is estimated at around 19,761. Among these, a significant portion—nearly 60%—operates over the #Tor network for enhanced #privacy. Full nodes play a crucial role in validating transactions and maintaining the integrity of the Bitcoin #blockchain by enforcing #consensus rules and preventing double spending. They also contribute to the network's decentralization and security.

Additionally, there are different types of nodes, such as archival, pruned, and listening nodes, each serving specific purposes. Archival nodes store the entire blockchain history, while pruned nodes save storage space by retaining only the most recent transaction data. Listening nodes share transaction data more broadly, helping new nodes access older transactions.

For those interested in running a Bitcoin node, it's fairly straightforward and can provide better privacy and security in managing Bitcoin transactions [[❞]](https://bitpay.com/blog/bitcoin-nodes/) [[❞]](https://newhedge.io/terminal/bitcoin/node-map).
Author Public Key
npub1eg0cusp9uq92qrzk4fpy9k6ulhnu9vjzkh0vs7sswdk4czz084tsvazg6y