First Plug-in Node Aims to Boost Bitcoin's Network Security

First Plug-in Node Aims to Boost Bitcoin's Network Security

Bitseed has launched the first plug-in bitcoin node to encourage users to contribute to the bitcoin network, hassle-free. The $149 node, which comes preconfigured with the official Bitcoin Core client, is credited with using less than 10 watts of power - approximately 12 times less than the average computer. As an essential component of the bitcoin network, nodes broadcast messages in order to validate and relay transactions. Unlike bitcoin miners, who are rewarded for confirming transactions, there is no financial incentive for node operators. According to its website, Bitseed's product....


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Bitcoin startup Bitseed has announced it is open-sourcing the creation of its new plug-in node. The company, which launched its first node in March, is asking contributors to help evolve its product by completing tasks and solving bounties in exchange for rewards. Bitseed's project is hosted on Assembly, a collaborative platform that tracks contributions to projects with coloured coins on the bitcoin blockchain. John Light, co-founder at Bitseed, told CoinDesk: "The Bitseed Assembly community is our way of trying to make open-source development sustainable, and to financially support the....