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What is peer node in blockchain?
A blockchain network is comprised primarily of a set of peer nodes (or, simply, peers). Peers are a fundamental element of the network because they host ledgers and smart contracts.
What are the three types of peers in blockchain?
Peers can be subdivided as follows: Mandatory peers: Endorsing peers, and non-endorsing peers, also known as committers and leader peers. Option peers: Anchor peers.
What is the difference between a node and a peer?
From what I understand, a node is basically a machine which inside is running the HL Fabric binaries and is communicating with other machines belonging to the same network. A peer is the type of the node, in particular: Orderer: the one which put the transactions in a certain order for the insert in the ledger.
How nodes are verified in blockchain?
All network nodes must obtain the same result when executing the hash function for verification. This consensus ensures the integrity and validity of the transaction. Consensus mechanisms determine how nodes in the blockchain network agree on the state of the blockchain and validate transactions.
Is peer and node same in blockchain?
Peers refer to the nodes or computers that perform the same tasks and have the same power within a blockchain network.