NYC node Library
We're comprehensively documenting the process of constructing the node, thereby making this information publicly accessible to business and financial institutions operating in NYC.
Phase 1 - System Setup
System Assembly - 01
System Assembly - 02
System Assembly - 03
Documenting all you need to run your node
The NYC Node project aims to provide individuals, regulated businesses, and financial institutions with detailed steps for accessing blockchain-based market data for their reports, eliminating the need for a third-party service. If a turnkey service is requested, CUNY students trained in retrieving blockchain data and producing market reports will be available for hire.
FAQs
What is a blockchain archival node?
A blockchain archival node is a type of node in a blockchain network that maintains a complete copy of the entire blockchain history from the genesis block to the most recent block. Unlike pruned or light nodes, which store only a subset of the blockchain data, archival nodes retain all transaction records, smart contract states, and other relevant information since the inception of the blockchain.
These nodes play a crucial role in ensuring the integrity and security of the blockchain network by providing historical data for verification, auditing, and analysis purposes. They are especially valuable for applications requiring extensive historical data access, such as forensic analysis, compliance auditing, and blockchain analytics.
Archival nodes consume significant storage space due to the comprehensive data they retain, making them resource-intensive to operate compared to other types of nodes. However, their comprehensive data storage capabilities contribute to the transparency and trustworthiness of the blockchain network.
Overall, blockchain archival nodes serve as essential infrastructure components for maintaining the integrity and accessibility of blockchain data over time.