Ryan
1 min readMar 12, 2022

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Yes, animal farm I am still bullish. Just need to weed out some bad apples.

Nodes are like validators. So, you know how with Bitcoin, as an example, in order for transactions to occur, the transaction needs to be verified and be non-duplicative. In order to do that, nodes get a copy of the transaction to help validate them.

It is possible to become a node operator. Some nodes require hardware setup, electricity, cooling systems. But there are other types of nodes where you just basically buy the node, and a hosting service hosts your node at their facility, but you own it and get a daily passive income from the transactions it helps to validate.

However, like most crypto, these nodes emit native tokens to aid in the transfer of data. And, unfortunately, these token emissions cause heavy price dilution from the voluminous influx of tokens into circulation.

This invariably causes token price depreciation after an initial launch/hype period. I am also new to nodes, but so far, I have not seen any DeFi nodes be able to sustain an upward price trajectory. I think as a content creator, I am still going to write about them, but I am not personally invested in any nodes at the moment. Hope that is helpful! Thanks for reading!! :).

Kind Regards,

~Ryan

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Ryan
Ryan

Written by Ryan

Insider Tips & Resources for passive income w/ focus on trading, crypto, and affiliate marketing. Top Writer on Medium.com for Investing and Finance

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