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Understanding Bitcoin Validator Node Decentralization

Started by Bitcoin, Mar 24, 2022, 04:40 pm

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Bitcoin

Understanding Bitcoin Validator Node Decentralization

I am hoping to better understand the difference between miner nodes and validator nodes and the decentralization risks (if any) posed by one party controlling X% of all validator nodes.


I have been making my way through some great resources on validation and miners here:



From what I understand, miner nodes do not have to have any of the blockchain downloaded, they can simply create hash attempts as fast as possible and report back to a 'parent node/mining pool' who can take the correct hash, form the block candidate, and propagate it to the rest of the network for verification and inclusion.  There exists a risk of the 51% attack when a miner (or group of miners) controls the hash rate and is able to create a longer chain or proof of work.


Is there also a similar requirement for the distribution of validator nodes to be decentralized?


For example, if a given party controlled the majority (or even smaller percentage) of validator nodes, could they change their Bitcoin Core code to do any of the following and disrupt the network?



  • Reject incoming mempool transactions based on their own implementation of an address block list

  • Flood the mempool with faulty transactions and slow things down for all other node participants (ie remove the initial verification checks for transactions (https://github.com/bitcoin/bitcoin/blob/master/src/validation.cpp))

  • Work in coordination with a miner to accept a mined transaction block that has invalid transactions

  • Reject a valid block that a miner legitimately has created, causing the reward to go elsewhere


Source: Understanding Bitcoin Validator Node Decentralization