In cryptocurrency, a “full node” is any computer which both A) contains a complete copy of a given network’s blockchain, and B) relays its incoming transactions to other nodes on the network. In short, if a cryptocurrency is a pyramid, full nodes are its foundation.
When viewed this way, the importance of a network’s full node count becomes apparent. The bigger a foundation of full nodes, the larger can be its pyramid of processing power.
So what is the current foundational state of the top cryptocurrencies? At time of writing by market capitalization, let’s consider the top six: Bitcoin, Ethereum, Litecoin, Dash, Lisk, and Dogecoin. (Note that The DAO and MaidSafecoin are excluded because they are layers of Ethereum and Bitcoin, respectively).
See for yourself:
Full Nodes per Million Dollars Invested
|NETWORK||FULL NODE COUNT||MARKET CAP(IN USD MILLIONS)||NODES/MILLION $|
Node counts via BitInfoCharts.com, Ethernodes.org, & LiskTools.io
If the number of nodes per million dollars’ worth of investment can …… Full Story: