Network

A network in the context of blockchain and cryptocurrencies refers to a decentralized system of nodes that communicate and collaborate to maintain a distributed ledger. This network can consist of computers, validators, miners, or participants who validate transactions, secure the blockchain, and ensure consensus.

Depending on the architecture, networks can be public (open to anyone, like Bitcoin or Ethereum), private (restricted access, like enterprise blockchains), or hybrid(combining elements of both). Blockchain networks enable secure, transparent, and trustless digital transactions without the need for intermediaries.