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It is the entry point into the Ethereum network main-, test- or private net , capable of running as a full node default , archive node retaining all historical state or a light node retrieving data live. Moreover, a P2P system ensures that decentralized applications continue to run even if significant parts of the network stop operating. In a private network setting a single CPU miner instance is more than enough for practical purposes as it can produce a stable stream of blocks at the correct intervals without needing heavy resources consider running on a single thread, no need for multiple ones either. NFT Marketplace Rank.