Bitcoin Full Nodes: What They Are and How to Set One Up ...

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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin XT - discussing Satoshi's Vision

A subreddit focused on providing open discussion on all things Bitcoin (BSV).
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Finally running a Bitcoin node!

Today, I have finally downloaded the full block chain and am running a full bitcoin node (took ~3days).
I have a blockchain explorer, but I still need to work on installing and running lightning network, and exploring other tools. It's a good feeling. I will write up what I bought, what I returned, and how I got on.
Just wanted to tell someone... pretty excited to be a part of the Bitcoin Full Node community.
[email protected]:~ $ bitcoin-cli getblockchaininfo { "chain": "main", "blocks": 651540, "headers": 651540, "bestblockhash": "0000000000000000000bc917f7f0f326bb3d63c3399b7b1f503f7126d8168470", "difficulty": 19298087186262.61, "mediantime": 1601998567, "verificationprogress": 0.9999914360960969, "initialblockdownload": false, "chainwork": "00000000000000000000000000000000000000001458b8a8029ab60b7e7a2908", "size_on_disk": 344436513497, "pruned": false, "softforks": { "bip34": { "type": "buried", "active": true, "height": 227931 }, "bip66": { "type": "buried", "active": true, "height": 363725 }, "bip65": { "type": "buried", "active": true, "height": 388381 }, "csv": { "type": "buried", "active": true, "height": 419328 }, "segwit": { "type": "buried", "active": true, "height": 481824 } }, "warnings": "" } 
submitted by tookthisusersoucant to Bitcoin [link] [comments]

If Bitcoin nodes increase by a factor of 10 and become geographically pervasive, does Bitcoin’s security level up by 2x? 10x? 100x?

submitted by the420chronicler to Bitcoin [link] [comments]

I run a bitcoin node (Bitcoin Core version v0.20.0), is it as safe as a hardware wallet?

I keep my seed on a Nano.
But was wondering if the Core software wallet is as secure as the hardware wallet.
Sorry if I am asking a dumb ass question.
submitted by Ramswillwin to Bitcoin [link] [comments]

Not to downplay the technical groundwork set by BCH for reaching gigabyte blocks, but couldn't an unoptimized version of Bitcoin node in 2016 do 20MB blocks by removing the limit?

Ironically I would see it as bullish if BCH's many laying of groundwork and optimizations have not lead to tangible bigger block size capability.
it means a true differentiation to competitors when BCH is really able to increase block size limit to say 1GB.
I personally see the endgame close to 100GB blocks - or rather 20B txs per day. at 1 cent per txn that's $200M a day for miners.
submitted by fromsmart to btc [link] [comments]

Satellite powered system launched to run Bitcoin nodes without Internet

Satellite powered system launched to run Bitcoin nodes without Internet submitted by KayleighSosnowski to Bitcoin [link] [comments]

Venezuela turns to satellites to connect Bitcoin nodes

Venezuela turns to satellites to connect Bitcoin nodes submitted by KayleighSosnowski to CryptoMarkets [link] [comments]

Bitcoin Node Download >3 weeks

I’m downloading a node from bitcoin dot org and it took a couple days to get to 50%. Now, assuming the blocks are getting full, it’s taking 3 weeks to finish supposedly. I’m downloading on a new laptop via high speed internet to an external hard drive of 1TB.
Edit: I’m not interested in pruning blocks btw.
Is there something I’m doing wrong here?
submitted by thevenano to Bitcoin [link] [comments]

How to set up your own Bitcoin node, Electrum wallet and Server - Reclaim your sovereignity, privacy and autonomy

How to set up your own Bitcoin node, Electrum wallet and Server - Reclaim your sovereignity, privacy and autonomy submitted by FilthyPeasantt to Bitcoin [link] [comments]

Anatomy of the Bitcoin Node filesystem

There are man explanations like this, but this one is mine.
Just in case anyone was curious. I dug up some good posts on this and thought I'd distill it as best I could. I'll be using Windows file separators, but fee free to change them in your head.
If you name a -datadir argument, this is what will land there. If one is not named it defaults to %APPDATA%\Bitcoin
If you name a -blocksdir argument, this is what will land there. If one is not named it defaults to
If you name a -walletdir argument, this is what will land there. If one is not named it defaults to \wallets or just if the wallets subdirectory doesn't exist.
  • \wallet.dat - The wallet file with private keys and UTXOs
  • \db.log - Database log of access to wallet
Note that -datadir, -blocksdir and -walletdir can all point to different storage. The things you need to keep in mind:
  1. -datadir should be your FASTEST storage
  2. -blocksdir should be your LARGEST storage
  3. -walletdir should be your most SECURE storage
As a footnote, -testnet will throw a testnet3\ in everything, and -walletdir would be assumed to refer to test.walletdir
submitted by brianddk to Bitcoin [link] [comments]

Reminder: Update your Bitcoin node to a recent version. That is all.

submitted by Secret_Operative to Bitcoin [link] [comments]

How is running a Bitcoin Node safer and more secure than using someone else's Node?

It's widely regarded as best privacy and security practice to run your own node.
I understand the privacy benefit; if you're querying someone else's node it's less private that using your own node.
What I'm less certain of is the security benefits of running your own node. As a non-IT expert, putting your trust in an industry professional like Trezor, Ledger or any other of the big wallets seems like a sensible move. These guys are experts, and their nodes are used by many people.
If I made my own node, surely there is a risk factor here. My online security is not likely to be as bulletproof as the nodes used by the wallets mentioned above. What's to say I don't download a bug in the software I'm running my node on?
submitted by the_hungry_goat to BitcoinBeginners [link] [comments]

What is the best hardware to use to run a bitcoin node?

Can I just use a dedicated laptop?
Why does everyone use a Rasberry Pi?
Can I just use my ordinary desktop?
What are the benefits/drawbacks for each?
Thanks for your thoughts
submitted by Degoony to Bitcoin [link] [comments]

My bitcoin node validating each transaction

My bitcoin node validating each transaction submitted by NufMeister to Bitcoin [link] [comments]

Running a Bitcoin Node and Monetization

if this has been asked before, would appreciate if someone can point me to it.....i understand that miners are getting paid for solving the block hash and participate in pools to increase their chances but also split the reward. my question is regarding settlement of transactions by normal btc users running full nodes. i know when i am sending btc to someone or transferring from on chain to a off chain wallet, there is a fee i have to pay to settle that transaction. is that fee paid to normal full node operators and if so, is that not a passive income strategy? to just run a btc full node and participate in settling onchain transactions and collect whatever $1,$2,$3,$5, etc.....
submitted by KingMe6 to Bitcoin [link] [comments]

Met Umbrel is een Bitcoin node zó eenvoudig dat iedereen het kan

Met Umbrel is een Bitcoin node zó eenvoudig dat iedereen het kan submitted by pierenjan to BitcoinNL [link] [comments]

Bitcoin Node Download >3 weeks (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Venezuela turns to satellites to connect Bitcoin nodes

Venezuela turns to satellites to connect Bitcoin nodes submitted by KayleighSosnowski to Bitcoin [link] [comments]

Turn your Raspberry Pi into Cash With this Bitcoin Node Project

Turn your Raspberry Pi into Cash With this Bitcoin Node Project submitted by theterk to tomshardware [link] [comments]

[ Bitcoin ] Anatomy of the Bitcoin Node filesystem

Topic originally posted in Bitcoin by brianddk [link]
There are man explanations like this, but this one is mine.
Just in case anyone was curious. I dug up some good posts on this and thought I'd distill it as best I could. I'll be using Windows file separators, but fee free to change them in your head.
If you name a -datadir argument, this is what will land there. If one is not named it defaults to %APPDATA%\Bitcoin
If you name a -blocksdir argument, this is what will land there. If one is not named it defaults to
  • \blocks\blk*.dat - The raw block data
  • \blocks\rev*.dat - The Undo files. List of spent UTXOs for each block
If you name a -main.walletdir argument, this is what will land there. If one is not named it defaults to \wallets or just if the wallets subdirectory doesn't exist.
  • \wallet.dat - The wallet file with private keys and UTXOs
  • \db.log - Database log of access to wallet
Note that -datadir, -blocksdir and -main.walletdir can all point to different storage. The things you need to keep in mind:
  1. -datadir should be your FASTEST storage
  2. -blocksdir should be your LARGEST storage
  3. -main.walletdir should be your most SECURE storage
As a footnote, testnet will through a testnet3\ in everything, and would require a -test.walletdir switch to set the wallet directory.
brianddk your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].
[deleted comment]
submitted by anticensor_bot to u/anticensor_bot [link] [comments]

I run a bitcoin node (Bitcoin Core version v0.20.0), is it as safe as a hardware wallet? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

If Bitcoin nodes increase by a factor of 10 and become geographically pervasive, does Bitcoin’s security level up by 2x? 10x? 100x? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Bitcoin node/lighting node

I want to run my own bitcoin node I have rasberry pie but I don't know how to start Can someone share some tutorials/articles about running node I rasberry
I also want t9 get into lighting network I am a nob so any articles/info would be much appreciated
Thanks
submitted by God1com to Bitcoin [link] [comments]

Bitcoin Q&A: What is the Role of Nodes? - YouTube Bitcoin Q&A: Full node and home network security Wie installiere ich einen Bitcoin Full Node? - Tutorial SLP184 Alessandro Cecere - Bitcoin Nodes in Venezuela ... Bitcoin node - YouTube

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part . Denn je mehr Nodes an das Bitcoin-Netzwerk angeschlossen sind, desto sicherer ist es. Denn so lange „ehrliche“ Nodes Angreifer überstimmen können, ist Bitcoin sicher. Wer also aus oben genanntem Egoismus einen BTC-Knotenpunkt betreibt, sorgt ganz nebenbei für eine robusteres System. In kurz: Der Betrieb einer Full Node ist der einzige Weg, Bitcoin ohne die Zuhilfenahme von Dritten zu ... On the bitcoin developer mailing list, Hearn has proposed added functionality that would allow communications between nodes and the developers to better understand why so many are dropping out. Global Bitcoin Nodes Distribution. Reachable nodes as of 1603632185. 10995 nodes. 24-hour charts . Top 10 countries with their respective number of reachable nodes are as follow. RANK COUNTRY NODES; 1: n/a: 2857 (25.98%) 2: Germany: 1862 (16.93%) 3: United States: 1798 (16.35%) 4: France: 556 (5.06%) 5: Netherlands: 422 (3.84%) 6: Singapore: 307 (2.79%) 7: Canada : 302 (2.75%) 8: United ... Nodes übernehmen im Bitcoin-Netzwerk die Rolle der “Wächter” und sind daher unerlässlich. Sie überwachen alle Transaktionen in der Bitcoin-Blockchain und stufen diese als gültig oder ungültig ein. Die Hauptaufgabe der Nodes besteht darin, “Double Spending” - die doppelte Ausgabe bereits woanders ausgegebener Bitcoins - zu verhindern.

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Bitcoin Q&A: What is the Role of Nodes? - YouTube

Wie installiere ich einen Bitcoin Full Node auf Windows 10? Jeder zusätzliche Node unterstützt das Bitcoin Netzwerk. Vielleicht möchtest Du auch einen Node installieren. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Alessandro Cecere links: Twitter: @elsultanBitcoin- https://twitter.com/elsultanbitcoin Coinspree: coinspree.com - http://coinspree.com/ Relevant prior episo... What is A Bitcoin Node. Step by Step Explanation https://blockgeeks.com/ The bitcoin network consists of a network of nodes, which are just computers or serv... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

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