A full node is a fundamental component of a blockchain network. It is specifically designed to download and store the entire history of a blockchain. These nodes meticulously observe and enforce the network's rules. They ensure the integrity and security of every transaction recorded on the blockchain. Unlike lightweight nodes, which only retain a subset of the blockchain data, full nodes maintain a complete and self-sufficient ledger. This makes them essential for the decentralized nature of blockchain systems.
Full nodes operate by downloading every block and transaction from the inception of the blockchain. They validate each one against the network's consensus rules. Full nodes participate in the blockchain's governance by verifying new transactions and blocks using mechanisms like Proof of Work or Proof of Stake. When a new transaction is submitted, full nodes validate its legitimacy. Once consensus is reached, they add it to the blockchain. This comprehensive validation process ensures that only legitimate transactions are recorded. It prevents issues like double-spending and inflation.
Operating a full node provides several advantages:
Full nodes are crucial for various use cases, including: