How To Run A Bitcoin Node (Bitcoin For Beginners)
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- čas přidán 30. 07. 2024
- bitcoincore.org/en/download/
Why you should run a node: • 01 - myNode series - W...
(Do not use third party nodes such as mynode or umbrel)
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Welcome to my Bitcoin For Beginners Series Part 1! This is the very first step to owning some bitcoin. I will have a separate series that includes verifying all files to reduce trust as much as possible.
My Telegram: t.me/+5yGuvG_qGZNjZTkx
Bitcoin Discord: / discord .
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This video is not Financial Advice. I am not a financial advisor. - Jak na to + styl
Join My Telegram: t.me/+5yGuvG_qGZNjZTkx
Join the Bitcoin Discord Group: discord.gg/bitcoin-discord-782749290219962370
Someday I wanna try this but as always, not today lol, great video 😎
You definitely should! I'm always willing to help. There's also a very active bitcoin discord that would be willing to help others with this too! But yes maybe another time 😅
what a champion
Thank you!
No problem!
Thanks for this. I'll help decentralizing Bitcoin
Awesome!! Let me know if you need any help with anything. More tutorials to be out soon!
Make sure to port forward to truly help decentralize the network!
Great content buddy ! Keep BTC decentralized.
Thanks!
What are the advantages of running a btc node? Apart from helping btc become decentralized
Privacy and incase of a fork, also if nobody ran a node then it would be impossible to transact on the bitcoin network, they are necessary for bitcoin to work. If you aren't running a node then you are using someone else's which reduces privacy. You may also disagree with the nodes settings and rules of the one you are using and if you run your own node you get to choose your own settings and rules. Also go watch the video in my description of this video where the guy explains why you should run your own node.
Having trouble when I downloaded the Mac version it has it as a zip file for version 26. In the terminal everything failed? Is there a work around anyone knows for zip files?
I recommend joining the bitcoin discord linked in the description as I do not know anything about the Mac version!
Hey i am struggling trying to setup the conf fill to allow for socket communication through python.
I have opened up my ports and they seem to partially be up. At least 8333 shows to be listening when i run netstat -a but when i try connecting to it using bitcoinrpc example i found the connection returns no response. If i try to connect to 8332 it shows it is not listening and sure enough it says connection refused by machine. Even though i have port forwarding for 8333 and 8332 set the same on my router and my firewall software?
I need a tutorial so i can nail down what i am doing wrong. Ie have i setup my conf file incorrectly, is it my port forwarding that is somehow wrong, or is it something else completely.
The examples i see only show python code with bitcoinrpc but no one seems to get into how you are suppose to configure you conf file for the node. Including user id, password, etc
Hello! Unfortunately i do not know the answer to this but I recommend joining this bitcoin discord group where there is definitely people who can help you with that. I personally have learned a lot from the discord. (It is not mine) here is the link! discord.com/invite/bitcoin-discord-782749290219962370
Can you do a video on port forwarding? I think it would be best to have it in 1 channel.
I could but it's different with every service provider. It's more of an internet thing than a bitcoin thing. You can find many articles and tutorials online and can even call and ask your ISP how to do it. For example you can check your isp website and I'm sure their website will explain how to port forward with them.
I may make a video in the future about that but it will vary greatly.
Does running your own node allow you to sell as much bitcoin as you want? Without refilling the atm?
I don't understand your question?
Actually, i have seen some videos regarding these nodes on bitcoin and other blockchains too... they are saying we can earn money like 3k 6k dollars per month. Is that true? If so, whats the method they're using.. and how its different from yours.? Pls explain
You can not earn money from running a bitcoin node.
Does the initial syncing mean that as time goes on it will take longer and longer to set up a node?
Yes. As the blockchain gets bigger, it will take longer. Although as technology advances, it might not take longer as computers get faster over time.
Thanks for good content. One question why would you so firmly discourage using third party nodes such as start9 etc? for the non tech savy isnt this better than just trusting a cold wallet producer like trazor, ledger etc?
Using a third party node means you aren't truly running a node. These plug n play nodes do not give you access to the config and terminal etc and they usually only let you install add ons they have in their own shop. They will usually force you to update the node which isn't a good thing because nodes don't ever need to be updated, it's more of a preference of which node version you want to run. Also in my opinion running your own node is easy enough to where people should not be giving these companies hundreds of dollars to do something that they can do completely for free. (Which is why i made my how to series for newbies) These plug n play nodes don't let you verify the node of which version you downloaded and such too. Don't trust, verify. These 3rd party solutions are filled with trust and doing what they want. The problem with them is that they give people the illusion they are running their own node when in reality I would argue they are not.
@@Kahoobbok that sounds fair enough. Then in rgds to running your own node I suppose you can either use BTC node downloaded directly to your mac from Bitcoin core or DIY like Rasperry?
Mac would be similar as windows for downloading bitcoin core. And yes you can download bitcoin core on the raspberry pi but you can not verify the download if you download it through the snap store.
@@Kahoobbok I will try out the bitcoin core node to my mac. I am a bit worried about space though :) I suppose you would still recommend the Bitcoin Core node approach also if you use Sparrow on your desk top, probably a dumb question ...?
@@Kahoobb Thks Kahoob, do you also know: If you download the Bitcoin core to your mac which is used regularly, but also shut down after a days work would you then experience annoying "sync up" issues each time you reopen the mac, even if the node is in "pruned" mode for space saving reaons?
Does this help to being able to i.e. Mint btc nfts/runes faster or with higher chance to success compared to those web sites which get stuck as there are rush
Nfts/runes/ordinals are scams and bloat on the bitcoin blockchain. I highly recommend you avoid falling for those scams and stick to bitcoin. They clog the chain for useful activity. They are an attack on bitcoin. I personally have blocked ordinals from going through my nodes mempool.
@@Kahoobb any videos on how to do this for my node?
Any videos on how to do what for your node?
hey i have 1tb hdd is that enough?
Yes.
@@Kahoobb thnx next time i will buy ssd instead of hdd
Hdd will simply take longer to sync to the blockchain. Ssd makes everything so much faster.
Do you get rewards for running a node?
No financial rewards no. You get personal benefits from running a node though.
So no possible download of a node on a Cell phone?
You can. Install blixt wallet.
@@Kahoobb tnx Bud xxx
I thought about running a BTC Node but as I only store BTC and never use it I couldn't see the point.
If you store btc then it is important to run a node. You buy and hold it right? Then it's important to run a node.
@@Kahoobb Why? So I will buy a Rasberry Pi download the total BTC ledger and it will sit on my desk and I will never look at it or interact with it. Nodes are fine for people who regularly use their BTC for transactions.
Do you buy and hold btc? If you do, then I recommend using a node as your node verifies your bitcoin is legit and eventually you may spend it down the road too. If you run an open node then it also helps decentralize bitcoin to make it more robust.
I want to buy BTC and I don't trust wallets, but I just can't make much sense out of this because I am not tech savvy
Wait for Blackrock ETF , then buy from them .
Hello! I recommend watching my second video. Sparrow wallet is a great one. It is free, bitcoin only and 100% open source. Anyone can audit the code online on the github, meaning you do not need to trust it. You can also verify the download too. In the future I plan to make a video showing how to verify the wallet aswell but the sparrow wallet website has great instructions to follow along on how to verify it.
You can also join my telegram group or the discord I linked and ask the community there. :)
I would gladly help you with any steps you are trying to do!
Unless you mean you don't trust physical cold storage hardware wallets, in that case, I recommend using coldcard. You can verify everything with it as it is 100% open source. It is also bitcoin only and you can use it in a fully airgapped way so it never touches the internet.
@@Kahoobb copy that and understand your view on open source or close source , the majority of consumers have no idea to check that , further more one day you will have to hit the internet in order to sell or trade your coins 🪙, just my view . Keep it simple and more adoption is coming with ETF s.
BEGINNER! Way too fast to understand!
Then slow the video down or rewind. This video is as beginner as it gets and you will not find anything simpler than this :) you can also join the discord I linked in the description for more support.
Really i do think this was very basic, didnt help me at all😅 because its really good for starters, not a bad thing, i guess 😊