Do THIS To Prepare For Bitcoin Runes

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  • čas přidán 15. 05. 2024
  • Ordinal Faces Discord: / discord
    Join the Ordinals Discord Server for more help: / discord
    Twitter: / pazngmi
    Update: The Shared Delusion Index has an index that is solely for Runes, it has "without" within the title.
    This video will go through how you can set up a Bitcoin Node and Ord Wallet to prepare for Runes. This tutorial goes through a very specific way to set things up and you may choose to do things differently as needed. For example, you are able to configure where your Ord Index is saved, by adding the flag:
    --index [Index Folder Path]
    You may also opt out to use the --index-sats flag as it is unnecessary for Runes.
    There are more things you can do to change how you interact with these programs, however, I am specifically showing my personal optimal set up for Ord Wallet and a Bitcoin Node.
    Resources 📚 :
    BitcoinCore: bitcoincore.org/en/releases/2...
    Ordinal/Rune Docs: docs.ordinals.com/
    Ordinals Github [DOWNLOAD THE LATEST VERSION 0.18.1 as of 4/12/2024]: github.com/ordinals/ord
    Mempool [+Signet]: mempool.space/ mempool.space/signet
    Shared Delusion Index: ordstuff.info/indexes/
    Signet Bitcoin Faucet [Currently Unavailable]: signetfaucet.com/
    Timestamps:
    00:00 - Intro
    00:06 - Is A Node Necessary?
    00:58 - What Are Runes?
    01:16 - Requirements
    01:51 - Setting Up A Node
    05:42 - Safely Closing Out Of Bitcoind/Ord
    06:37 - Setting Up Ord Wallet
    08:47 - Skipping Ord Indexing [Optional]
    09:27 - Funding Ord Wallet
    10:30 - How To Etch Runes [on Signet]
    16:02 - How To Mint Runes [on Signet]
    17:15 - Outro

Komentáře • 132

  • @cbspears_
    @cbspears_ Před měsícem +31

    paz literally wrote the book on ordinals educational videos and he's dropping a sequel with runes

    • @pazNGMI
      @pazNGMI  Před měsícem +5

      I can never forget the OG setup video from Charlie though only real ones will know 🙏🙏🙏

    • @clarencechanxy
      @clarencechanxy Před měsícem

      Just what I needed. Thanks Pa. - clarcrypto

  • @fspeshalxo69
    @fspeshalxo69 Před měsícem +7

    i watched your old video a year ago and was very helpful , with this updated video it's even easier for new commers !

    • @mdawg998
      @mdawg998 Před 28 dny +1

      In his old video, when I was getting the blocks by opening bitcoind, all of the blocks went into my main hard drive instead of SSD. Do you know a solution to this?

  • @mirzda
    @mirzda Před měsícem +2

    Great content! Also, I love your glow-up from the last video ☺

  • @JD_Mapes
    @JD_Mapes Před 27 dny

    Paz this was great, I wish I had seen it when you posted it but I will still be following your guide. Great job man!

  • @searchONE
    @searchONE Před měsícem +2

    right on my dude! clear and concise, been waiting for this video from you. thank you for the upcoming genwealth! bless u bro

  • @adamkenna7858
    @adamkenna7858 Před měsícem +2

    Paz you are a legend! Thankyou so much for this!

  • @cryptoviking6426
    @cryptoviking6426 Před měsícem +13

    Awesome, I've been in IT for almost 20 years and only realised now from your video that I could type cmd in the file explorer bar to open command line in that folder 🤯 live and learn.

    • @pazNGMI
      @pazNGMI  Před měsícem +3

      we all learn something new everyday 🫡

  • @natebragg
    @natebragg Před měsícem

    Been waiting for you to do a video on this!

  • @afonsocruz8916
    @afonsocruz8916 Před měsícem +1

    Nice one! Bringing these concepts and "how to" for the community is so valuable for those who are starting (my case), thank you so much!

  • @Ivanyudi
    @Ivanyudi Před měsícem

    Amazing, thanks for the turorial!

  • @matheusceranto1394
    @matheusceranto1394 Před měsícem

    Hi, thanks for all your videos. I'm new to the area but I got it thanks to your channel

  • @Sir_Gadfly
    @Sir_Gadfly Před měsícem

    Thank you PAZ! Loving this - Gadfly

  • @witcher3185
    @witcher3185 Před 28 dny

    thanks alot,bro!Your video is very helpful to me

  • @AndreCrypto
    @AndreCrypto Před 28 dny

    Great video thanks, for next video you could add also how to transfer, and even maybe more low level tech details!

  • @thecryptouniversity
    @thecryptouniversity Před 27 dny

    this is great content keep it up

  • @SGFuZGxl
    @SGFuZGxl Před měsícem

    thanks for your service!

  • @0xMaverick
    @0xMaverick Před měsícem +5

    Paz the King - a great asset to the community.

  • @manoelufsc
    @manoelufsc Před měsícem +2

    OMG what a great tutorial. Extremely thanks.
    1 - I was wondering, i was making on linux, but its so usefull to copy/paste on windows and BOOM you have an image in blockchain, in linux how could you do that, have an idea?
    2 - You told us how to mint yours own inscription, but how do I mint another one, we gonna have several inscriptions out there, what the command to mint another people runes?

  • @crypto.lucho.
    @crypto.lucho. Před měsícem

    goat bro straight up

  • @brasacuerta1
    @brasacuerta1 Před měsícem

    amazing video congrats

  • @Mista-Catt
    @Mista-Catt Před měsícem +1

    You sir are a gentlemen and a scholar!

  • @MoCrits
    @MoCrits Před měsícem

    Would using rasibarry umbrella be beneficial or it's faster to use it from comouter in time sensitive situation

  • @DanieleDiBasilio
    @DanieleDiBasilio Před 28 dny

    paz tysm you are king

  • @sakirulmondal1367
    @sakirulmondal1367 Před 26 dny

    Subscribed👍
    I want to ask
    Fee - rate 10
    Means how much gas we want to pay ?
    So 10 means 10 sat/VB ?

  • @badbrothers8221
    @badbrothers8221 Před měsícem +1

    Have a node setup already on my Mac and Linux VM, setting up a third on windows now for funsies because of this vid LOL

  • @mineoreman
    @mineoreman Před měsícem +1

    GOAT

  • @reomensukuna8227
    @reomensukuna8227 Před 26 dny

    King 👑
    Just a doubt
    So when I want to mint say for example a token named "Cat" on runes which is launched by someone else ?
    Do I type --mainnet wallet mint --fee-rate 10 -- rune CAT ?
    How do I write the command ?

  • @jacehunt2985
    @jacehunt2985 Před měsícem +2

    Can I follow this with Umbrel Home to setup?

  • @plumker
    @plumker Před 27 dny

    what's the framed thing you have beside you? it looks cool and i would like to get one.

  • @rajeshgone901
    @rajeshgone901 Před měsícem +1

    is any reward or benefit by running this node

  • @small_snek
    @small_snek Před 29 dny

    yoyo, what wallet type do you need? Segwit should do? Or should I change to Taproot

  • @oniking7460
    @oniking7460 Před měsícem

    is the steps the same on Mac ?

  • @blockchain_billionaires
    @blockchain_billionaires Před měsícem

    How long should this process take for someone without any computer skills besides crypto? Should I set a whole day aside or a couple hours?

  • @rhynadianeodvina7790
    @rhynadianeodvina7790 Před měsícem

    amazing

  • @whitters6913
    @whitters6913 Před měsícem +1

    PAZ IS GOAT

  • @lampist247
    @lampist247 Před měsícem

    i downloaded the entire blockchain 5 times now but i finally got it!

  • @xdimsum
    @xdimsum Před měsícem +1

    Can you index ord while bitcoind is still synching? Or do you have to wait til bitcoind is finished first?
    Also, could you make a vid on how to use Greg's index?

    • @pazNGMI
      @pazNGMI  Před měsícem +3

      you have to wait. how else will ord refer to the transactions if there are no transactions to look at? haha
      it’s very easy to use just download it with a torrent client and replace your old ord index with the files downloaded.

  • @CH-rf1rg
    @CH-rf1rg Před měsícem +3

    around how many GB of SSD do you need for the total process? Love the vid

    • @pazNGMI
      @pazNGMI  Před měsícem +1

      Including the Ord Index (if you don't choose to do it on your Main Drive) around 800GBs

  • @Evan-pe4lt
    @Evan-pe4lt Před 29 dny

    Sorry for the question that may sound stupid, is there a way to download what bitcoind goes to?
    I had read about possible torrents but couldn't find anything, if so could you help me? Thank you very much and thanks for the video

  • @alexthalamattathil
    @alexthalamattathil Před 27 dny

    nice one .. how to turn on indexing the transaction ?

  • @mertcengiz2901
    @mertcengiz2901 Před 28 dny

    Servers are very expensive.Which one do you recommend dear ?

  • @muriloloureiro5456
    @muriloloureiro5456 Před měsícem

    I installed my node using bitcoin -qt. I moved the ord file to my deamon folder and when I run the cmd I get the ord version (I believe it means its installed). But when I try to indexing I get an error. I start following your previous tutorial, but looks like I'm downloading the whole block again.
    It feels like I need to do the whole process again (that took me a few days). Do you have any suggestions to help me?

  • @xdimsum
    @xdimsum Před 27 dny

    What's the preferred fee rate when minting on mainnet?

  • @bendova9468
    @bendova9468 Před měsícem

    🔥

  • @Thegrinch54
    @Thegrinch54 Před 27 dny

    Thanks for the video!
    How long approximately does it take for bitcoind to finish running for validating the transactions?
    I never created a shortcut, but had it in the new directory running. Does anyone know if i should stop the process and repeat?

  • @sinceredeku
    @sinceredeku Před měsícem +2

    Whished i saw you 1 year ago xD but its still 8 days lets see if i can setup a new Node for that.
    One question : how can i transfer stuff from that node-taproot to... lets say my xverse ?

    • @pazNGMI
      @pazNGMI  Před měsícem +2

      Honestly, there's too much room for error, I would just import the Ord Wallet into Xverse haha. However, I plan on making that a part of the next video.

  • @shbben9782
    @shbben9782 Před 29 dny

    The mint is it free or we must have bitcoin

  • @EP-jp5he
    @EP-jp5he Před měsícem

    Amazing video! You helped me setting up my node early 2023 for Ordinals too! I have a question about Runes, would be great if you can help me with:
    I saw that you minted with fee rate of 10. Is there any way to increase the fee rate of a mint already broadcasted? (useful in case where there is a very long block and fees keep rising). Thanks a lot!!!

    • @pazNGMI
      @pazNGMI  Před měsícem +1

      It'd require using Sparrow, recommendation to avoid this is to just pay the highest amount of fees you're willing to pay and use previous date to anticipate the amount required for fees.

    • @EP-jp5he
      @EP-jp5he Před měsícem

      ​@@pazNGMI makes sense, thanks for that! Btw, in regards to minting many times without waiting for confirmation, thats possible to do even if I have only 1 UTXO in the wallet? If thats the case then I suppose ord is using the unconfirmed change as an input to the following mint?

  • @nieuwenhuis1217
    @nieuwenhuis1217 Před 29 dny

    So do you need to run a node to mint runes?

  • @mdawg998
    @mdawg998 Před 28 dny

    Paz, I need your help from your other video where you set up your nodes in the SSD. All of the blocks went into my main hard drive instead of my SSD. It completely filled my main hard drive, and the file became too large to transfer to SSD. I had to delete it. Every time I retry, it still goes to main hard drive. Idk how to fix.

  • @tonypark982
    @tonypark982 Před měsícem

    Hi Paz, I keep getting 'Cache size exceeds total space' Is there anything I can do to avoid this issue? it stops..

  • @Birddawg_SIL
    @Birddawg_SIL Před 27 dny

    So how to launch on mainnet , we won’t need to add signet to the command?

  • @Howatzer604
    @Howatzer604 Před měsícem +1

    This guy fucking rocks

  • @tonypark982
    @tonypark982 Před měsícem

    after the --cookie-file index server, why I keep getting message saying my index file 'C:\users?' not the external driver?

  • @wojteksesborodo123
    @wojteksesborodo123 Před měsícem

    is 1TB SSD drive enough space to host it? cheers

  • @kiran97k
    @kiran97k Před měsícem +1

    I inscribed sub10k thanks to you. Time for rune. LFG

  • @stormshadowdomain
    @stormshadowdomain Před měsícem

    I have pc laptop but not the memory...would a 1TB external drive still work if I connected it to the laptop? noon question I know :P

  • @dkofoed
    @dkofoed Před měsícem

    After installing Bitcoin Core (now syncing) I don't see an Ord folder already there ... did you create that manually?

  • @warcxk
    @warcxk Před měsícem

    hey paz im having issues with the cookie files and where to find it I also see you are using btc core v24 and I am using 25 does that make a difference, and also I saw that we will need ord v18.1 indexed to be able to run runes, ik you just made a video for it but anychance you can help or make a quick video on how to idex that or how to fix the cookie file missing, thank you for all of your hard work appreciate it!

    • @YoKardona
      @YoKardona Před 28 dny

      you have to run the bitcoin node to see the cookie file. he also mentions how to start indexing around 6:20, open a new command prompt for the index.

  • @chiragtaneja9590
    @chiragtaneja9590 Před 27 dny

    hey mate, i can't find the cookie file after downloading the bitcoin node. Can you help??

  • @mario-xh5bg
    @mario-xh5bg Před 28 dny

    What happens if I download the version of bitcoin core (Latest version: 26.1) will it work the same?

  • @EddieLobanovskiy
    @EddieLobanovskiy Před 29 dny

    hello my friend for whatever reason my bitcoin didn't generate .cookie file what should I do?

  • @matheusceranto1394
    @matheusceranto1394 Před 29 dny

    Excuse me, could you help me? When I put the command " ord --cookie-file "A:\Bitcoin
    ode\.cookie" --index-runes --index-sats server " in cmd, the ord is being downloaded to my main ssd C:, How can I change?

  • @yodaking7195
    @yodaking7195 Před měsícem

    I notice the BTC Node you downloaded is version 24 when the latest version is 26. We should download the latest version right?

    • @pazNGMI
      @pazNGMI  Před měsícem

      I have no experience with the latest versions and don't know what has changed, so I personally stick with the older version. I probably won't switch until there is an update where it's needed.

  • @tesseract544
    @tesseract544 Před měsícem

    how can we do this with an ssh terminal connection no gui

  • @jameskent4902
    @jameskent4902 Před měsícem

    how much bitcoin do I need to get this going?

  • @HoshiK-gb8qm
    @HoshiK-gb8qm Před měsícem

    gm!
    do we need to download the latest version or does that matter?
    thanks!

    • @pazNGMI
      @pazNGMI  Před měsícem +2

      always get the latest version of Ord is my recommendation! Bitcoin Core is more up to you though as 24.0.1 and up is compatible with any version of Ord so far.

  • @himanshuchoudhary5900
    @himanshuchoudhary5900 Před 26 dny

    I dumped the block indexing at 97 percent and now I am trying to start again but the it keeps getting closed. Please help

  • @user-vt4ts5qf1n
    @user-vt4ts5qf1n Před měsícem +3

    cool haircut ;)

  • @triloktv595
    @triloktv595 Před měsícem +1

    I only have 500gb ssd and 500gb hdd so this isnt possible for me? Or can I use a external ssd with 1tb?

    • @pazNGMI
      @pazNGMI  Před měsícem +3

      External SSD is fine as long as it's 1TB or more!

  • @breaker__
    @breaker__ Před 22 dny

    Is it too late? Just got a 2TB drive in....

  • @elizabethbulux7337
    @elizabethbulux7337 Před měsícem +2

    Clear and concise information. May our heavenly Father Almight Bless you. Always

  • @inmate0054
    @inmate0054 Před měsícem

    Buying a game rune. Not sure how I’ll make money if any

  • @surfistacrypto
    @surfistacrypto Před měsícem

    Do ii for Umbrel ser !

  • @es3669
    @es3669 Před 26 dny

    y core 24.0.1 and not 27?

  • @reomensukuna8227
    @reomensukuna8227 Před měsícem

    bro do you think we would need 1000s of dollars to play in the first day of runes launch

    • @pazNGMI
      @pazNGMI  Před měsícem +1

      do whatever you're comfortable gambling with and potentially losing. it's a casino

  • @kylekopczynski634
    @kylekopczynski634 Před 28 dny

    my wallet create is not working. any help on this?

    • @kylekopczynski634
      @kylekopczynski634 Před 28 dny

      it keeps saying '--cookie-file' is not recognized as an internal or external command,
      operable program or batch file.

  • @ChouxChefDotEth
    @ChouxChefDotEth Před měsícem

    my bitcoind and ord command prompts shutdown without doing ctrl+c because my pc restarted itself, is it a problem?

    • @braedongarner
      @braedongarner Před měsícem

      Ord command prompt will require you to repair your index. Took like 10 mins for mine to do so

    • @ChouxChefDotEth
      @ChouxChefDotEth Před 29 dny

      @@braedongarner thanks! do you know why is the ord window downloading to another drive and not the bitcoin dedicated drive? how do i change the path for it? its downloading into my main drive appdata roaming folder right now

    • @braedongarner
      @braedongarner Před 29 dny

      @@ChouxChefDotEth you need to redirect the indexer. Are you indexing it yourself or did you pull from Greg’s ord wizards index?

    • @ChouxChefDotEth
      @ChouxChefDotEth Před 29 dny

      @@braedongarner indexing it myself, how can i redirect it?

    • @ChouxChefDotEth
      @ChouxChefDotEth Před 29 dny

      @@braedongarner indexing it myself, how can i redirect it? can i copy and paste the already downloaded data into the new path? thanks so much for your help

  • @Edgardinno
    @Edgardinno Před měsícem

    And how to setup on Macbook? :))

  • @vfx-girl09
    @vfx-girl09 Před 28 dny

    Amazing tutorial! Any chance to get the same for Linux ubuntu?

  • @user-uh7pv5wu1q
    @user-uh7pv5wu1q Před měsícem

    Why can't i find my cookie file?

  • @stashedbag
    @stashedbag Před měsícem

    QED.

  • @mrsky206
    @mrsky206 Před 29 dny

    my short cut doesn't run

  • @uzumaki9653
    @uzumaki9653 Před měsícem

    without node we can't do nothing?

    • @pazNGMI
      @pazNGMI  Před měsícem +2

      You can use Xverse and it'll probably be a lot easier for others, but there's always a risk in relying on third-parties. Like I said in my video though, I'll be doing both!

    • @uzumaki9653
      @uzumaki9653 Před měsícem

      @@pazNGMI thanks g♥️

  • @nickjunes
    @nickjunes Před 27 dny +1

    Crank the audio volume my guy. You're at like 50% volume of the average youtube video and my speakers are already kind of low. This vid is impossible.

  • @mohamedjnaini
    @mohamedjnaini Před 28 dny

    Faster bro , you are not fast enough 😅

  • @Sickness805
    @Sickness805 Před měsícem +2

    i take it this isnt for beginners lol

    • @robertaspringer466
      @robertaspringer466 Před měsícem

      I'm right there. This is flying over my head. Do I need to get a node to git the tokens being airdropped? Also do they show up in xverse wallet?

    • @Sickness805
      @Sickness805 Před měsícem

      @@robertaspringer466 That's what I was wondering. I wasn't sure if you buy a runestone if you would get a airdrop

  • @crypto_bug4301
    @crypto_bug4301 Před 26 dny

    i have around 500gb free space? will that be enough?

  • @mathannath
    @mathannath Před měsícem +1

    Appreciate your effort but you could be little slow and can stop playing with your mouse. cause its too distracting ., difficult for dumb person like me to grasp and follow along . Sorry please don't take me wrong. I see lots of good comments about your vidoes . Keep it up .

    • @FerozLakhani
      @FerozLakhani Před 25 dny

      😂😂😂😂 Weird way to say thank you! 😂😂😂😂

  • @BijalPandya-xq9ci
    @BijalPandya-xq9ci Před měsícem +1

    bro no offences you need to speak clearly and a bit loudly not just slang it out

  • @user-zh1bf1lp4c
    @user-zh1bf1lp4c Před měsícem

    Hello ,
    Can i pay you in bitcoin to have 30-60 minutes of your time ?
    I have a Umbrel bitcoin node 100% sync
    Ord in Umbrel
    But i dont know how to be sure i will be ready to mint runes from there.
    Can I message you in somewhere?

  • @BlackJesus361
    @BlackJesus361 Před 28 dny

    anyone know how to fix this: ord --cookie-file "F:
    ode\Bitcoin\.cookie" server
    thread 'main' panicked at C:\Users
    unneradmin\.cargo
    egistry\src\index.crates.io-6f17d22bba15001f
    edb-2.0.0\src\tree_store\page_store\page_manager.rs:206:9:
    assertion failed: storage.raw_file_len()? >= header.layout().len()
    note: run with `RUST_BACKTRACE=1` environment variable to display a backtrace ?