Why aren't you running a node ?

Serious question, why ?

We're all familiar with Not your keys, not your coins , but many seem to forget Not your node, not your rules. The nodes are what keep the rules and miners in check. If you're using someone else's node to validate blocks with your transactions, you're basically trusting the rules that that node chooses to enforce.

In addition to that, running your own node increases your transaction privacy. You're not letting third parties know which transactions you're interested, i.e. every time you lookup your transaction on Blockcypher, Blockstream etc., you're linking your IP or PC-fingerprint to a specific transaction in their logs.

I do realize that some people won't be able to afford the hardware, though it is getting cheaper to get, and others have connectivity issues. This isn't directed at those people, but at those who have the ability to do so. It's becoming increasingly easy to run your own node, there are some good projects out there which basically do it for you.

Many of these projects are basically plug and play bitcoin node

edit: Added some mentioned in the comments.

Thanks /u/TheGreatMuffin and /u/jyv3257e

If I'm missing any other projects, let me know and I'll had them to the list.



Submitted January 24, 2021 at 04:28PM by twistdafterdark https://ift.tt/39aG73Z

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