Jack Dorsey, CEO of Twitter, has activated a Bitcoin full node

The founder and CEO of Twitter, Jack Dorsey, has activated its own Bitcoin (BTC) node. On February 5, the tech billionaire posted A screenshot of the Bitcoin node software ‘Bitcoind’ running on your computerThis means that Dorsey is now helping with the validation of Bitcoin transactions.

Dorsey Publicity the screenshot together with the words “Running #bitcoin”. The photo shows Dorsey’s computer synchronizing with the Bitcoin blockchain network, which requires a user to download the entire history of the chain. The bitcoin network is around 325GB at the time of writing.

The syncing process can take weeks, depending on your computer and internet speeds Dorsey’s screenshot shows that he has only synced 2% of the chain so far.

Jack Dorsey, CEO of Twitter, has activated a Bitcoin full node
Jack Dorsey, CEO of Twitter, has activated a Bitcoin full node

When asked if you ran the node on a dedicated Raspberry Pi, Dorsey announced that he set it up with a Macbook M1 chip, the latest version of Apple’s laptop processors. Dorsey tweeted: “Start over to install M1 first”.

Bitcoin nodes differ from Bitcoin miners in that they do not compete for any part of the block rewards. Rather, each node hosts a different immutable copy of the blockchain network. Contribution to increasing general network security. The number of full Bitcoin nodes in operation has fluctuated recently. Reach between 7,000 and 11,000according to current data.

The number of Bitcoin nodes recently rose to an all-time high. As reported by Cointelegraph, On January 20, 11,613 Bitcoin nodes were operational. That number had dropped to 7,260 at the time of this writing.

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