New Rasberry Pi 4 Releases As A Functional Device To Operate In A Full Bitcoin Network Node Capacity
As blockchain grows in popularity, there is a distinct increase in the technology that allows users to harness its power as well as an increase in the various capabilities of a number of networks. All these exist to cater to the ever-growing blockchain market and benefits the end users as they are given more options compared to when the market was in its very early stages.
Now the Raspberry Pi Foundation has released another version of its single board computer which is tipped to be more powerful on June 24, 2019, and according to the official press release, has the capability to run full nodes on the Bitcoin network relatively cheaper. The new product costs $35 and has gained much attention since its release.
“We have a surprise for you today: Raspberry Pi 4 is now on sale, starting at $35. This is a comprehensive upgrade, touching almost every element of the platform. For the first time we provide a PC-like level of performance for most users while retaining the interfacing capabilities and hackability of the classic Raspberry Pi line,” the release says.
A Piece Of The Pi
Previous versions of the Raspberry Pi proved quite popular among bitcoin lovers as well as those who advocate for decentralization because it offered low-cost entry to those who wanted to run their nodes on the network and this means that there was not a significantly high barrier for those who wanted to enter the world of decentralization.
This is also important because the ability to run nodes benefits users because they can verify their own transactions over the Bitcoin network without needing to engage the services of third-party wallet and this saves them both time and money while giving them increased control.
In the case of crypto miners, they are rewarded with bitcoin tokens for validating their transactions. But for those who run their own nodes, they do not get any compensation for the contribution they make to the network. The contribution in this question is in the form of hosting and transmitting various updated copies of the blockchain or transaction Ledger.
With this new development from Pi, the process of running a full node will be cheaper and more accessible to the masses as well as more efficient for everyone who participates both miners and non-miners. It will be interesting to see what the response from various parts of the world is to this development as 23 percent of Bitcoin nodes run around the world come from the United States with Germany coming in second with 19 percent. The Casa Node, which is one of the most popular present node products, has previously relied on an inbuilt Raspberry Pi though the previous versions have suffered from slowness.
As such, the new model which is the fourth version is an upgrade on previous versions with 4 gig RAM and also offer support for 500mA of current. There is also a new operating system attached to the new Raspberry Pi which comes with a number of technical improvements in the back and a modernized interface updated applications such as the Chromium 74 web browser.
While Pi has certainly made strides in this department, other low barrier options have spawned in the last few years such as the HTC Exodus 15 smartphone which was released in May 2019.