Oh boy! Here comes nothing! What do I do next, #bitcoin friends? Drop links to educate this silly dog! 🐶🐾🫡🤙🏻
Discussion
What’s this, may I ask? I am not educated at all
Umbrel node finished downloading 100% of the blockchain. Ready to verify transactions 🥹
Huh, and what can I do with this? 🤔
A node is so when you receive bitcoin into your wallet you know for a fact it’s real Bitcoin.
If you don’t use your own node you are trusting Wallet of Satoshi or other wallet’s nodes to verify the bitcoin is real for you. There is a lot to learn about nodes, but if you are new, just keep enjoying playing with lightning until you can find the time to learn more.
🤔🤔 Is it worth starting one, what’s upside and downside?
Running a node is like being your own bank. There’s very few downsides except you must learn some new material. Life is much better with a node. We are still early in Bitcoin so sometimes it can be buggy, but the basic stuff is very secure and workable.
Cost is also very low. Maybe like $250-400 depending if you build it yourself or order one that’s plug and play.
There looks to be more Raspberry Pi 4s on the way this year, which will bring down the high markups.
That’s great! Old computers work too if you got one lying around.
I might be a special kind of weird gig, but I have my own half rack with multiple servers. They are mostly off now, but I might consider spinning one up after I learn on my puny Nuc8 🐶🐾🤔🫡
That’s not weird if you know what to do with that many servers. I’ve got 3 nodes so I can relate on a smaller level.
Bitcoin Node using #[3] ! Or, rabbit hole that I went down and … 🐶🐾🫡😂
Huh, and what can I do with this? 🤔
I also recently started running a node, Welcome to the rabbit hole!
🤔 Curious whether I should do it or not
I did it, and in terms of custody it’s the way. For that alone, the process is pretty easy and very rewarding.
There is a rabbit hole you can go down running a lightning node. This will require more time and technical understanding, but if you are determined, you can add value to the lightning network.
And I do this all just purely of my PC?
I recommend building from scratch and running a dedicated machine. Umbrel’s raspberry pi tutorial is a great start and has a parts list of everything you’ll need.
After install you just run everything through local.umbrel which is a very friendly UI.
Gm ⚡️ thanks for sharing this
It's better on a dedicated machine.
Time to open some lightning channels now
That was a quick sync. Install Lightning now and open some channels.
Did that, still reading docs though. 🐶🐾🤔🫡
6 days and counting
Mine finished in under 24h, hold in there, friend! 🐶🐾🫡
I only drop Zaps! 💣💥⚡️
You can install pihole, mempool or nextcloud, these apps are very useful 😀