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For part 03, we’ll do the following:
- Download and run an iCSI Coin mining/blockchain node using
Docker.
- Take a tour of the admin interface!
What is an iCSI Coin Node?
The iCSI Coin Node is a fully functional, real-world blockchain application.
Unlike many educational tools that simulate blockchain behavior, this software IS real blockchain technology. It operates on the same fundamental principles as Bitcoin, utilizing:
- Peer-to-Peer (P2P) Discovery: Nodes autonomously find and connect to one another across the network to propagate blocks and transactions.
- Proof-of-Work (PoW): The network is secured through cryptographic mining, using the same consensus mechanisms that power major cryptocurrencies.
- Decentralized Ledger: Every node maintains its own copy of the blockchain, ensuring no single entity controls the data.
Key Capabilities
The End User Node provides a web interface for interacting with the iCSI Coin network:
- Wallet Management:
- Create and manage multiple public/private key pairs.
- Import/Export wallets for backup or transfer.
- Send and receive real transactions across the network.
- Mining Operations:
- Web Interface Mining: Mine coins directly from your browser.
- RPC Client: Connect external, high-performance miners via the Remote Procedure Call (RPC) interface.
- Real-Time Stats: Monitor hashrate, difficulty, and block rewards in real-time.
- Blockchain Exploration:
- Inspect individual blocks and verify transactions.
- Trace the chain's history from the Genesis block to the current tip.
- Visualize the immutable ledger as it grows.
- Network Intelligence:
- View active peers and connection status.
- Monitor network difficulty adjustments and halving events.
Node Installation:
Go to the GitHub Repository for this project and copy the link provided.