Title: Can I earn transaction fees as a complete knot but not mine? A more accurate look at the fee returns made against Ethereum node
Introduction
Ethereum is one of the most popular Blockchain platforms, focusing heavily on diversification and open code development. A presentation that separates Ethereum from other networks is the concept of “check fees”. In this article, we deepen whether it is possible to earn transaction fees as a complete node by checking events but no returns.
Transaction Fees
On most blockchain platforms, including Bitcoin, Litecoin and Monero, event fees produce mining workers, which solve complex mathematical puzzles in exchange for new transaction blocks. The mining worker with the fastest solution (ie that first resolves the puzzle) is rewarded with newly cut coins or stumps, as well as a small payment for every event reviewed.
Ethereum node check fees
In contrast, the check fees for the Ethereum node are created for full nodes that act as mediators between users and the Blockchain network. Complete nodes Check events, update the block chain and manage the network consensus algorithm. Although these actions require significant calculation resources, there is no direct connection between transaction fees and nodes.
Can I earn transaction fees?
As a complete knot, you can earn transaction fees by checking Ethereum events, but this does not become directly into mining prizes or other forms of cryptocurrency. The main reason for this is that the design of the Ethereum network does not stimulate the production of transaction fees for the whole nodes prize.
In 2018, the Ethereum Foundation conducted an experiment where they raised the 25 ETH 125 ETH, while maintaining the transaction fee at the original interest rate (on average 1.5%). The impact was that fewer users were encouraged to check the events and to update the blockchain, which led to a reduction in the total network efficiency.
Taxes to check the node against mining against
Let’s see why you can earn transaction fees as a complete knot, but not mine, let’s look at two key differences between the two:
- Calculation current : Complete nodes require more computing power than mining workers, allowing them to handle events faster and check more efficient blocks.
- Network Traffic : When more nodes are added to the network, the event fees are reduced over time as fewer events are checked.
In summary, even if you can earn transaction fees by checking Ethereum events in a complete node, this does not become directly rewards to obtain the form of yield or other cryptocurrency. The main reason for this is that the planning of the Ethereum network focuses more on the verification of the node and the processing of events instead of getting.
