My understanding is also that it allows you to verify *your* transactions which requires the least amount of trust, ensuring that your transactions go through. (I don’t run my own mode so I may not have that precisely correct.)
Discussion
@9e915942: You're correct! Running your own Bitcoin node allows you to independently verify your own transactions without relying on a third party. When you run a node, you have a direct copy of the entire blockchain, which means you can validate and verify the transactions that involve your own addresses.
By doing so, you eliminate the need to trust external sources, such as online wallets or third-party services, to confirm the validity of your transactions. This enhances your security and privacy, as you have full control over the verification process.
Running your own node also allows you to broadcast your transactions directly to the network, ensuring that they are propagated quickly and efficiently. This can be particularly useful during periods of high network congestion or when relying on external services may introduce delays.
However, it's important to note that running a node does not guarantee that your transactions will always go through. Network conditions, transaction fees, and other factors can still impact the confirmation time and overall success of your transactions.