[{"data":1,"prerenderedAt":347},["ShallowReactive",2],{"api/learn-center-post-en-what-are-blockchain-policy-rules":3,"footer-en":57,"learn/security/what-are-blockchain-policy-rules-en-seo":255,"navigation-en-learn-center":260,"api/learn-categories-en":308},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":39,"title":5,"formattedPublishedAt":50,"geofencings":51,"category":52,"pagination":54,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"What are blockchain policy rules?","What are blockchain policy rules? - Bitstamp Learn Center","What are blockchain policy rules? How can node behavior be changed? - Learn more on the Bitstamp Learn Center",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_95svg_34d243a12e_18ac8c1b97.svg","image/svg+xml",".svg",192,108,"1920x1080px_illustrations_learningcenter_95svg_34d243a12e.svg","",[],[20,23,26],{"pathname":21,"locale":22},"/en-gb/learn/security/what-are-blockchain-policy-rules/","en-GB",{"pathname":24,"locale":25},"/es/learn/security/what-are-blockchain-policy-rules/","es",{"pathname":27,"locale":28},"/learn/security/what-are-blockchain-policy-rules/","en",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/security/","Security",true,{"id":35,"text":5,"url":27,"asUrl":36},"what-are-blockchain-policy-rules",false,"\u003Cp>Blockchain policy rules refer to \u003Cstrong>configuration options\u003C/strong> that modify the behavior of \u003Cstrong>\u003Ca href=\"/learn/crypto-101/what-are-bitcoin-blockchain-nodes/\">nodes\u003C/a>\u003C/strong>. Each node can set its own rules to serve its individual interests.\u003C/p>\n",{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},[40],{"component":41,"props":42,"content":43,"secondaryContent":47,"ctas":48,"secondaryCtas":49,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":44,"width":45,"align":46},"\u003Cp>Nodes follow different policy rules with various options, allowing them to limit network connections, prioritize transactions they accept in their memory pool, define the storage of the blockchain, and more.\u003C/p>\n\u003Ch3>Blockchain policy rules essentials\u003C/h3>\n\u003Cul>\n\u003Cli>Policy rules are configuration options that specify the operation of nodes.\u003C/li>\n\u003Cli>Each node can use different policy rules and change them freely.\u003C/li>\n\u003Cli>Nodes can limit their connections with other peers, set the minimum fee rate for transactions they wish to include in the memory pool and propagate across the network, set the memory pool size limit, and more.\u003C/li>\n\u003C/ul>\n\u003Ch2>Policy vs consensus rules\u003C/h2>\n\u003Cp>In a \u003Ca href=\"/learn/blockchain/centralized-and-decentralized-networks/\">decentralized peer-to-peer network\u003C/a>, peers, or nodes, need to follow the same set of validation rules to agree on the same version of a blockchain. This is achieved by enforcing a set of \u003Cstrong>\u003Ca href=\"/learn/security/what-are-blockchain-consensus-rules/\">consensus rules\u003C/a>\u003C/strong> that everyone has to follow. Consensus rules, however, do not dictate \u003Cem>how\u003C/em> peers must communicate within the network.\u003C/p>\n\u003Cp>Consensus rules are determined by the community and need to be followed by every participant on the blockchain network. \u003Cstrong>Policy rules\u003C/strong>, on the other hand, are a different set of rules that can be changed without requiring a consensus with the community. Each node has the freedom to set its policy rules depending on its preferences, with no consensus among peers necessary, meaning that peers are not obliged to follow the same set of rules.\u003C/p>\n\u003Cp>Additionally, changing policy rules is also up to each individual and can be done whenever someone wishes. Unlike consensus rules, a change in policy rules brings about no risk of illegitimate transactions, corrupt or \u003Ca href=\"/learn/blockchain/what-are-orphan-uncle-and-stale-blocks/\">orphaned blocks\u003C/a>, loss of \u003Ca href=\"/learn/crypto-101/what-is-crypto-mining/\">mining rewards\u003C/a> or \u003Ca href=\"/learn/crypto-101/what-are-blockchain-forks/\">forking of the blockchain\u003C/a>.\u003C/p>\n\u003Cp>Even if a transaction is found to be in accordance with every consensus rule, this is still no guarantee that it will be accepted by all nodes. Some nodes may have adjusted their policy rules to accept only transactions of a sufficient size, or with a high-enough fee attached to them, for instance. If a transaction does not meet their criteria, it will be rejected by these nodes.\u003C/p>\n\u003Ch2>Some configuration options\u003C/h2>\n\u003Cp>Bitcoin Core, the most-used Bitcoin client software, features more than 100 configuration options. Other clients and other cryptocurrencies have their own, largely similar, sets of options for configuring policy rules. On Bitcoin Core, it is possible to specify the maximum number of connections with other participants in the network. Bitcoin full nodes can accept a total of 125 connections. This prevents any one node from being overwhelmed by traffic.\u003C/p>\n\u003Cp>Nodes can also limit the size of their memory pool to avoid being overflowed with new unconfirmed transactions. Once the size limit is reached, low priority transactions are dropped from the pool and a new minimum fee rate is set. Only transactions with fees that meet the new standard are included in the pool.\u003C/p>\n\u003Cp>Another configuration option allows nodes to set a minimum transaction fee rate for unconfirmed transactions. Transactions with fees below the set value are rejected and are not included in the memory pool. Consequently, nodes do not propagate them to the other peers with which they connect.\u003C/p>\n\u003Ch2>Running a full node\u003C/h2>\n\u003Cp>As with consensus rules, \u003Cstrong>full nodes\u003C/strong> are also very important when it comes to policy rules. A large number of wallets depend on them to propagate their transactions, so their policy settings are highly relevant.\u003C/p>\n\u003Cp>Full nodes keep a \u003Cstrong>memory pool\u003C/strong> of unconfirmed transactions, validate them and relay them to mining nodes. All lightweight nodes (this includes most wallets) depend on full nodes to transmit their transactions to miners. Only when a miner includes it in a block and mines that block is the transaction completed.\u003Cbr>Exchanges usually run full nodes to validate and propagate their users’ transactions. This is what Bitstamp by Robinhood, the world’s longest-standing exchange, does. Bitstamp by Robinhood is one of the few exchanges that allows you to trade traditional money for cryptocurrencies.\u003C/p>\n\u003Chr>\n","full","left",{"text":17},[],[],"August 10th, 2022",{},{"title":32,"url":31,"geofencings":53},{},{"previous":55,"next":56},"/learn/security/what-are-blockchain-consensus-rules/","/learn/security/what-are-multi-party-computation-mpc-wallets/",{"ready":33,"sections":58,"disclaimer":253,"copyright":254},[59,102,130,153,190,209],{"title":60,"content":17,"items":61},"About",[62,67,72,77,82,87,92,97],{"noFollow":33,"isExternal":36,"name":63,"value":64,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":65,"geofencings":66},"Who We 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Kingdom",{},{},{"title":210,"content":17,"items":211},"Contact",[212,217,221,225,229,233,238,243,248],{"noFollow":36,"isExternal":36,"name":213,"value":214,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":215,"geofencings":216},"Customer 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20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":239,"value":240,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":241,"geofencings":242},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":244,"value":245,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":246,"geofencings":247},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":36,"isExternal":36,"name":249,"value":250,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":251,"geofencings":252},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"description":7,"ogDescription":7,"ogImage":256,"twitterImage":256,"twitterSite":257,"twitterCreator":257,"twitterCard":258,"twitterTitle":6,"twitterDescription":7,"titleTemplate":259},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/1920x1080px_illustrations_learningcenter_95svg_34d243a12e_18ac8c1b97.png","@Bitstamp","summary_large_image","%s",{"items":261,"ready":33,"platformButtonText":304,"backButtonText":305,"logInButtonText":306,"signUpButtonText":307},[262,266,270,273,276,279,282,287,290,295,300],{"headerName":263,"sidemenuName":134,"url":135,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":264,"submenu":265,"tag":17},"Institutions",{},[],{"headerName":126,"sidemenuName":126,"url":127,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":267,"submenu":268,"tag":269},{},[],"NEW",{"headerName":149,"sidemenuName":149,"url":150,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":271,"submenu":272,"tag":17},{},[],{"headerName":106,"sidemenuName":106,"url":107,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":274,"submenu":275,"tag":17},{},[],{"headerName":116,"sidemenuName":116,"url":117,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":277,"submenu":278,"tag":17},{},[],{"headerName":121,"sidemenuName":121,"url":122,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":280,"submenu":281,"tag":17},{"geofencing-uk":33},[],{"headerName":283,"sidemenuName":283,"url":284,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":285,"submenu":286,"tag":17},"Markets","/markets/",{},[],{"headerName":111,"sidemenuName":111,"url":112,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":288,"submenu":289,"tag":17},{},[],{"headerName":291,"sidemenuName":291,"url":292,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":293,"submenu":294,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":296,"sidemenuName":296,"url":297,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":298,"submenu":299,"tag":17},"Learn","/learn/",{},[],{"headerName":301,"sidemenuName":301,"url":107,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":302,"submenu":303,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[309,313,317,321,325,329,333,337,339,343],{"title":310,"url":311,"geofencings":312},"Blockchain technology","/learn/blockchain/",{},{"title":314,"url":315,"geofencings":316},"Company profiles","/learn/company-profiles/",{},{"title":318,"url":319,"geofencings":320},"Crypto 101","/learn/crypto-101/",{},{"title":322,"url":323,"geofencings":324},"Crypto definitions","/learn/crypto-definitions/",{},{"title":326,"url":327,"geofencings":328},"Crypto trading","/learn/crypto-trading/",{},{"title":330,"url":331,"geofencings":332},"Cryptocurrency guide","/learn/cryptocurrency-guide/",{"geofencing-uk":33},{"title":334,"url":335,"geofencings":336},"People profiles","/learn/people-profiles/",{},{"title":32,"url":31,"geofencings":338},{},{"title":340,"url":341,"geofencings":342},"Tutorials","/learn/bitstamp-tutorials/",{},{"title":344,"url":345,"geofencings":346},"Web3","/learn/web3/",{},1775055424993]