BitcoinExchangesMining

BTCC Deploys 100 Full Bitcoin Nodes Across 5 Continents

China-based bitcoin mining and exchange giant BTCC has deployed a hundred full bitcoin nodes across five continents to support the bitcoin network.

A list of all the full bitcoin nodes that BTCC has deployed is visible at 21.co’s Bitnodes.

Full bitcoin nodes enforce bitcoin network rules by serving a full copy of the blockchain and validating blocks and transactions. While bitcoin miners are rewarded with bitcoins for generating transaction confirmations, nodes are not compensated for hosting the blockchain database and relaying transactions.

BTCC’s chief operating officer Samson Mow indicating that the company deployed the nodes in order to do its part in helping maintain the bitcoin network. The network has seen a 19 percent decrease in viable nodes over the past year to 5,280 at the time of publishing

As a proponent and believer in bitcoin, we see both supporting core development and well as the bitcoin network itself as our duty. The nodes we deployed today will help to preserve the network as the number of full bitcoin nodes continues to decrease.

BTCC’s chief technology officer Mikael Wang said ten of the nodes were set up as DNS seed nodes, which provide the bitcoin community with secure and trusted full nodes to help new nodes synchronize with the network. Wang said:

BTCC has deployed ten powerful DNS seed nodes with unrestricted network access that are publicly available for anyone to use when hosting their own bitcoin core nodes,” Simply connect to seed.btcc.com:8333.

Of the nodes deployed, BTCC placed 19 percent in Germany, 19 percent in Singapore, 13 percent in China, 21 percent in the United States, and 7 percent each in Australia, Brazil, Ireland, and Japan.

BTCC’s chief executive officer Bobby Lee added:

Most reachable full bitcoin nodes are located in the US. So we intentionally distributed the nodes we donated in countries that rank low on the full bitcoin node geographic distribution list. We encourage other bitcoin companies to join us in contributing to the bitcoin ecosystem by sponsoring powerful full nodes.

BTCC was originally founded as BTCChina in 2011 and re-branded in September 2015 as part of an effort to expand its global reach.

Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at internet.com, Internet World magazine, and Mecklermedia Corporation.
Free AllCoinsNews Email Updates
Get the latest cryptotoken market news and blockchain developments!
We respect your privacy.