The Coin Dance data shows the whole number of Bitcoin nodes that crosses 10,000 for the first time since March

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Bitcoin Public Full Node Count Crosses 10,000 for the first time since March

Data from Dance of the coin currently shows that the number of public bitcoin nodes is 10.055. In particular, the public notes reached 5 figures for the first time since March 2018.

As evident from the chart below, the Bitcoin Core nodes dominate massively with 95.6% of the share, followed by the Bitcore nodes with 1/98%. The gap between them is enormous.

Bitcoin nodes

Bitcoin Core (formerly Bitcoin-Qt) is the third Bitcoin client, developed by Wladimir J. van der Laan based on the original reference code of Satoshi Nakamoto. It was bundled with bitcoind from version 0.5. Bitcoin-Qt has been renamed to Bitcoin Core since version 0.9.0.54. They have a protocol resizing plan with SegWit + Lightning Network, Schnorr and MAST signatures.

Lightning network continues to earn even an increasing amount of traction. According to 1ML, the Lightning network had 4,026 as of November 13th. Of these, 2,910 knots are public. The developers also assume that there may be many more hidden nodes. Combined, all these nodes give the platform an optimal capacity of 112.5 BTC. However, this figure has recently risen to 118 BTC on November 13th. These figures translate into approximately $ 743,000. It is important to note that the largest node on the platform has a capacity of just under 16BTC – this is a testament to network accessibility.

There are several reasons why you can decide to run a Bitcoin Full node. It helps the network, keeps you safe, gives you freedom of choice, offers the user a higher degree of privacy and the best part is that it is neither difficult nor expensive. People have also reported hosting nodes on Raspberry Pi.

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