As a proponent and believer in bitcoin, we see both supporting core development and well as the bitcoin network itself as our duty.
Shanghai (PRWEB) December 25, 2015
BTCC today deployed 100 full bitcoin nodes across five continents to support the bitcoin network. Full bitcoin nodes enforce the rules of the bitcoin network by serving a full copy of the bitcoin blockchain and validating blocks and transactions.
BTCC is the first bitcoin exchange and first mining pool to donate and deploy full bitcoin nodes for the maintenance of the bitcoin network.
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 said 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,” Mow said. “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. BTCC DNS seed nodes provide the bitcoin community with secure and trusted full nodes to help new nodes synchronize with the network.
“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,” Wang said. “Simply connect to seed.btcc.com:8333.”
A list of all the full bitcoin nodes that BTCC has deployed is available at: https://bitnodes.21.co/nodes/?q=%2FBTCC%3A0.11.2%2F
BTCC deployed 19 percent of the nodes in Germany; 19 percent in Singapore; 13 percent in China; 21 percent of the nodes in the United States; and 7 percent each in Australia, Brazil, Ireland, and Japan.
BTCC’s chief executive officer Bobby Lee said BTCC deployed the nodes across five continents in order to ensure that people across the world can easily access the bitcoin network.
“Most reachable full bitcoin nodes are located in the US,” said Lee. “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. It is the longest-running and one of the largest bitcoin exchanges worldwide. BTCC plays a leading role in every segment of the bitcoin ecosystem, offering a digital currency exchange, a mining pool, payment processing, consumer wallets, and blockchain engraving. The diverse products and services BTCC offers allow its customers to engage in all aspects of the digital currency spectrum in one integrated platform.
Headquartered in Shanghai, BTCC serves a global customer base and has become an industry leader for security, risk mitigation, credibility, and technological innovation. BTCC’s mission is to provide the world with the most convenient and trustworthy digital currency services. More information about BTCC and its products can be found at https://www.btcc.com.