#KIPNodes101 Mini-Series 🧵 as we gear up for our Node Sale

What are the vital functions nodes perform across blockchains?

Why do they play pivotal role in KIP's mission to decentralize AI? 

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➡️ Web3 Base Layer for AI. Winner of 2023 Chainlink Hackathon. Manifesting $KIP in #DecentralizedAI. Backed by Animoca Ventures. https://kip.pro/

The OG nodes were, of course, on #Bitcoin

Full Bitcoin nodes collect and verify transaction data, storing it and publishing it ready to be picked up and included in a block by the miners.

They also help to protect against 51% attacks by checking miners' work.

Ethereum changed the model a little.

RPC nodes still collect transactions, but now they broadcast not to miners but to validator nodes 📡

Validators stake ETH to be eligible to participate in the network's decision-making, such as voting on the validity of new blocks ✅

Specialized nodes perform unique roles.

XAI Sentry Nodes is an observation node that monitors the rollup and if an incorrect block is proposed, it raises an alarm so that others can intervene.

Aethir's Checker Nodes serves as a decentralized uptime monitor over network assets.

KIP checker nodes perform a crucial role, but focus on software rather than hardware.

They actively monitor and verify that all applications, models, and data providers on the KIP network deliver exactly as promised.

Minimizing risks and latency for a seamless user experience.

Think of Checker Nodes as a decentralized police force 👮‍♂️ 

They maintain order by addressing any malicious or negligent providers 🚫, ensuring every tx is secure 🔒 and user's interaction safe 🛡️

Think of Checker Nodes as a decentralized police force 👮‍♂️ 

They maintain order by addressing any malicious or negligent providers 🚫, ensuring every tx is secure 🔒 and user's interaction safe 🛡️ https://kipprotocol.gitbook.io/kip-node-documentation/what-is-a-checker-node/how-do-checker-nodes-work

This oversight by our checker nodes operators not only protects 🛡️ but also enhances our network 🌐

Our operators are rewarded 💰 for their contribution to maintaining a trustworthy environment, crucial for user confidence and network growth 📈 

Stay tuned for more node sale meta.

As the foundation of blockchains, nodes store a copy of the entire ledger 📚, validate new transactions ✅, and ensure the network's integrity 🔒

Their primary function has evolved to include more complex tasks today, such as allowing community participation in governance 🗳