NODE

digitick

Did not appear to help. tail -f on the debug.log shows the following, and then just hangs there: `2023-02-27T00:56:30Z LoadBlockIndexDB: last block file = 3435` `2023-02-27T00:56:30Z LoadBlockIndexDB: last block file info: CBlockFileInfo(blocks=37, size=67376005, heights=778240...778276, time=2023-02-25...2023-02-25)` `2023-02-27T00:56:30Z Checking all blk files are present...` `2023-02-27T00:56:31Z Opening LevelDB in /mypath/.bitcoin/chainstate` `2023-02-27T00:56:31Z Opened LevelDB successfully` `2023-02-27T00:56:31Z Using obfuscation key for /mypath/.bitcoin/chainstate: 989f503b5e461cf7` `2023-02-27T00:56:31Z Loaded best chain: hashBestChain=000000000000000000030b6be76b7bc13a8ebd0df3462b6925354c305bdcf35d height=778276 date=2023-02-25T23:56:02Z progress=0.999674` `2023-02-27T00:56:31Z init message: Verifying blocks…` `2023-02-27T00:56:31Z Verifying last 6 blocks at level 3` `2023-02-27T00:56:31Z [0%]...[16%]...[33%]...[50%]...[66%]...[83%]...[99%]...[DONE].` `2023-02-27T00:56:32Z No coin database inconsistencies in last 6 blocks (14811 transactions)` `2023-02-27T00:56:32Z block index 7051ms` `2023-02-27T00:56:32Z Opening LevelDB in /mypath/.bitcoin/indexes/txindex` `2023-02-27T00:56:32Z Opened LevelDB successfully` `2023-02-27T00:56:32Z Using obfuscation key for /mypath/.bitcoin/indexes/txindex: 0000000000000000` `2023-02-27T00:56:32Z Setting NODE_NETWORK on non-prune mode` `2023-02-27T00:56:32Z block tree size = 778281` `2023-02-27T00:56:32Z nBestHeight = 778276` `2023-02-27T00:56:32Z txindex thread start` `2023-02-27T00:56:32Z txindex is enabled at height 778276` `2023-02-27T00:56:32Z txindex thread exit` `2023-02-27T00:56:32Z loadblk thread start` `2023-02-27T00:56:32Z Bound to 127.0.0.1:8333` `2023-02-27T00:56:32Z Bound to 127.0.0.1:8334` `2023-02-27T00:56:32Z torcontrol thread start` `2023-02-27T00:56:32Z Loaded 0 addresses from "anchors.dat"` `2023-02-27T00:56:32Z 0 block-relay-only anchors will be tried for connections.` `2023-02-27T00:56:32Z init message: Starting network threads…` `2023-02-27T00:56:32Z [tor] Got service ID fakeonionaddress, advertising service fakeonionaddress.onion:8333` `2023-02-27T00:56:32Z DNS seeding disabled` `2023-02-27T00:56:32Z net thread start` `2023-02-27T00:56:32Z AddLocal(fakeonionaddress.onion:8333,4)` `2023-02-27T00:56:32Z opencon thread start` `2023-02-27T00:56:32Z msghand thread start` `2023-02-27T00:56:32Z init message: Done loading` `2023-02-27T00:56:32Z addcon thread start` `2023-02-27T00:56:46Z Imported mempool transactions from disk: 12309 succeeded, 0 failed, 0 expired, 0 already there, 0 waiting for initial broadcast` `2023-02-27T00:56:46Z loadblk thread exit`

French_baguette50

Add "I RUN MY NODE" for insta match

only_merit

You should include how. Looks like filter with "NODE\_NETWORK" might be the thing, that shows 539 nodes. So 539 publicly available nodes have full chain? Is that correct?

No-Significance-1581

Run your OWN NODE. This has always been the case, people have been doing this since 2009.

randbtcacct

on bitnodes when a node advertises NODE_COMPACT_FILTERS (1097) what does the 1097 mean? Where do we look up what other values mean?

PIWIprotein

I WILL CONTINUE RUNNING YOUR NODE!!! Long time btc’er here and hve always been interesting in running a node. Did some mining before but though keeping the ledger would be really cool and function as a part of something bigger than myself and hopefully something the world can benefit from one day. I would still probably need some pointer from you but would love to keep it running for your and play my part in the btc revolution. I appreciate your gesture and want to help keep that Frankenstein node of yours alive :)

ZodiacManiac

Some strange answers in here. Define “make you rich” Staking now could very well make you rich. Just pick the right coin at the right time … stake it and wait. AVAX being an example. You could have picked it up for €0.50 2000 for $1000… = $194,000 now staking will net you 10% a year. $19k … not bad for a $1,000 investment. A more recent one GNO GNOSIS $10… now $430 yield 18% APR…. Eth $84 DEC 2018 now $3500… It’s not just about the APR it’s about the underlying asset performance. NODE … under everyone’s radar… there are many potential gems… it’s just having the courage and forethought to go for it.

Amber_Sam

Listen to this podcast for example. [DUSTIN TRAMMELL – THE 2ND NODE ON THE BITCOIN NETWORK? THE EARLY DAYS OF BITCOIN](https://stephanlivera.com/episode/314/) This is possibly a second person running the mining (at that time) node. Right after Satoshi. Plenty of resources could be also found at https://satoshi.nakamotoinstitute.org/

Mordan

they can brick your ledger. And they will 100% certain for "bad" addresses. You connect your ledger to a centralized server to actually interact with the blockchains. They can black list addresses. If that happens, you will have to extract the private keys from the ledger and load them in a FULL NODE SYNCHRONIZED to the real blockchain. That's why Decentralization is FUCKING PARAMOUNT! Nothing matters more.

azmndr

1. Wrong. There are more than 5 - 6 dapps on the chain. 2. "There wasn't a single day without any issues". November to December was the most time I've spent using the Algo blockchain and funny how I haven't encountered any issue. 3. On the mobile app, it kinda takes a while to sign a transaction. Meanwhile on the web app on desktop it works like a charm. This is a very weak argument that you thought of just to add more to the list. 4. Elaborate? As your title says "I'm explaining" 5. This I would agree, but no one goes off and say "HEY THIS CRYPTO SUCKS AND IS GARBAGE BECAUSE IT DOESNT GIVE OUT REWARDS FOR RUNNING YOUR OWN NODE!" 6. Tinyman is a dApp on the Algorand blockchain. Them being hacked does not make Algo "garbage". 7. They have a different kind of marketing, I'm sorry if they didn't hire Matt Damon or bought a sports arena. I don't see any other token focusing more on Marketing other than CRO, well mainly because they're an EXCHANGE and they set the bar for marketing in crypto so high thus people expect the same for cryptos with over a billion market cap to do the same. 8. No exact 2022 roadmap. True. 9. True. And they apologised for this. Other than not being true to their words I don't think this affects a normal user on the Algorand blockchain playing around with ASAs. 10. Are you referring to ASA website? If so, may I deploy an ugly ass looking website on the Ethereum blockchain and call Ethereum garbage? An ugly dApp running on the blockchain does not make the blockchain garbage. This point is just to lengthen the list. 11. HOW DOES THIS MAKE ALGORAND GARBAGE? Did they program the Algorand blockchain to have a toxic community? Make it make sense. 12. You are just disappointed that you did not 100x on your investment. I think you only made 3 valid points here, which are not even strong arguments to call a blockchain garbage. 1. No rewards for running a node. 2. No clear roadmap. 3. Increasing TPS issue.

LibrarianWestern8852

Regardless of the TYPE of loans it gives out, it's still a NODE in the FIAT system which is UNDERPINNED by the FIAT FEDERAL RESERVE. If it were to invest in BTC it would be with FIAT money gained via FIAT means. Example 1: it received $10 BILLION in fiat money that was made out of thin air by the US treasury in 2008. If you and the other simpletons who disagree with me can't see this then that's not my problem.

Fun-Scholar-1676

HERE IS A LINK TO HOW TO SUCCESSFULLY CREATE A SOLIDER NODE ARMY TO CREATE PASSIVE INCOME! https://youtu.be/vbCgqMWcv0k

pipxy

It's highly recommend to not mess about with the node till the end of the synchronization with the blockchain. However, you could theoretically send some on chain coins to the node without risk, keep in mind that what will happen is the following: 1) Your wallet W (I'm not referring to the node but the other from which you are sending bitcoin) will sign and broadcast a transaction that has, as an output address, an address that is valid and is generated deterministically from the seed (master privkey)of your node. It's simply a number, so no problem here 2) The transaction will be eventually propagated, stay in the mempool and be included in one -and after that many more -blocks. This transaction exists FOR ALL THE NETWORK BUT NOT YOUR NODE, because (a) The coins you are sending have not been mined yet (according to the non-fully syncronized blockchain), (b) It doesn't exist because that UTXO isn't in W yet, so it cannot be sent to your node if it's not in the sender's wallet. All this process is obviously biased by the fact that your full node is still in the middle of the synchronization process, so the "now" timestamp for your node is in the past whereas your W is keeping up with the CURRENT blockchain. Off course it's not a good idea to work with channels and LN until the node has kept up with the process

hMsats

As far as I understand it: 14520 nodes/99.26% of 14647 listening nodes broadcast NODE_NETWORK and are therefore non-pruning nodes, thus nodes that keep a backup the Bitcoin blockchain and serve historical blocks.

comfyggs

You’re not brainwashed unless you got Orange pilled in which case, welcome to the club. A NODE!! you’re clearly on the right path. Keep going

ranasrule

stop, just stop it! neo or neo3 now is a chinese coin with no future, , u write here u can vote on nodes, yet few days ago when there was an update. they just switched entire neo blockchain to "Default Council" and default council is 100% neo foundation itself, so how is this thing even decentralized? , also atm CONSENSUS NODE is 5/7 neo foundation nodes anyway , , so conclusion is this: , neo is not only a chinese coin, but also its not a decentralized blockchain, they can switch it off/on any time they want, and btw. if u dont know what does it mean, it means they OWN power on any project deployed on neo3 blockchain. , , when more people realize all this, they will stay away from neo and hopefulyu from any coin from china. , , and this is not fud, this is just pure simple information

RussianDeveloper

1. https://coinmarketcap.com/ 2. crypto.com has a pretty robust list of alt coins with low market caps that you can research and purchase on their exchange 3. ALSO the NODE blog by Voyager exchange is very informative on crypto news and gives good insight on where to diversify your portfolio in some articles

GibiMD

I have been fucking telling you people for over a motherfucking year. LTO IS THE FUCKING WAY. 1. BUY MOTHERFUCKING LTO 2. TRANSFER MOTHERFUCKING LTO TO MAINNET 3. CHOOSE A NODE THAT MAKES YOUR NOBLE AREAS TINGLE 4. LEASE MOTHERFUCKING LTO 5. SIT BACK AND SPEC A MCLAREN 6. BUY NEW TITTIES FOR GIRLFRIEND OR PENIS ENLARGEMENTE FOR BOYFRIEND 7. PROFIT

jcoinner

I saw but don't know why it's saying another block. I know we were tld 709,632 but my actual real physical NODE is telling me it activated at 709,631. Say whaaa...?

anonbitcoinperson

Did you read the post? I do compare them, and Like I said, its cheaper on ETH to run a NODE (rasberry PI) and it will be cheaper to participate as a validator when they roll out trust-less validator pools. https://slideslive.com/38920085/ethereum-20-trustless-staking-pools SOL was sold to VCs for like 4 cents, they are now dumping on retail. Where as ETH was sold to retail, and retail got to sell to VC's

kertenk

İCO and centralized with only 9 NODE. What else you need for a blockchain?

FerrisMichaels

>what's the role of these satellites in terms of Network security? They're just normal nodes in terms of the network (the other nodes aren't like "OMG a SPACE NODE!"), but they can't be shut down or blocked by a government or ISP or whatever.

gorfnu

I keep saying oh when i get a chunk i'm going to move from Alts to ETH and BTC.. but that moment never seems to materialize. Especially in this season of insane gas fees i hardly want anything to do with ETH. But as soon as Layer 2's get more adoption this will change. Not to mention proof of stake. Need 32 ETH for my own NODE.. then life complete.

lilbugpal

Trying to be a bit more ELI5; Your lightning wallet will open a payment channels with other nodes. Your wallet can only send BTC back and forth between this node. Lets say Alice opens a channel with Bob. Now they can send BTC back and forth to each other on the Lightning Network. Yay! But Alice wants to send BTC to Charlie. She doesn't have a channel open with Charlie! Luckily, Bob has an open channel with Charlie. So the way Alice sends BTC to Charlie is *through* Bob. Obviously, this gets very complex very fast, as all these people have channels open with each other, and trying to find a path of payment channels between 2 people is difficult - and it may not even exist! --- This is the 'routing problem', and it's a really really really difficult Computer Science problem to solve (which still has not been solved - EVER - and may never be solvable). --- The easy 'solution' to this problem is for everyone to connect to these big MEGA NODES. Lets say theres 10. Alice open a payment channel with MEGA NODE 1. Zoe has a payment channel with MEGA NODE 9. Alice wants to send to Zoe? Easy! Alice > MEGA NODE 1 > MEGA NODE 9 > Zoe This works great! However.... The problem is that you now have reintroduced centralized middlemen back into Bitcoin. These 10 MEGA NODES now have all the power. They can increase fees. They can block transactions. They can do whatever they want. --- This isn't a "what might happen". This has already happened. It's the only way Lightning can work - because the routing problem has not been solved (and likely wont be solved). https://1ml.com/node?order=capacity This is a list of the current MEGA NODES. It's not ***that bad*** yet, but it'll get worse and worse as time goes on. As you can see, the top node (ICINQ) has 7.5% of all capacity on the Lightning Network.

LetsMakeSomeMoneyGuy

Yeah baby! We need a NODE RACE!

DiosOtro

LOW BUDGET BTC NODE I am trying to collaborate with the network by setting up a BTC and LN node! That's why I need your help, since my financial situation is not good, I don't have enough money to buy old hardware for a node. Would you like to help me? If you are interested I can go showing the construction process, the idea is that it is as economical as possible($20-$25) to encourage the creation of nodes even for people with low resources. I will publish the step by step with photos and a small guide to get a 100% functional node Thank you! I leave the address of btc, or you can leave me a gif from https://lightning.gifts Thank you! 3HqX3L9LGB9vSTZvk6wosC13YyrFioXNnP

biba8163

Just like in 2017/18 when IOTA hyped up bogus partnerships and adoption by various companies and governments, they are again hyping up being one of the 7 participants in providing consultation services for the EU Blockchain project as the possibility of the EU adopting IOTA. It's only a 48 month consultation service to improve the EBSI.. > This pre-commercial procurement (PCP) supports the development of new capabilities for the future version of the European Blockchain Service Infrastructure (EBSI) https://ted.europa.eu/udl?uri=TED:NOTICE:565744-2020:TEXT:EN:HTML&src=0 ..the EBSI is built on hyperledger > The EBSI v1.0 Infrastructure Specification ...Hyperlegedger Fabric Blockchain https://ec.europa.eu/cefdigital/wiki/display/CEFDIGITAL/Minimum+Technical+Requirements+for+an+EBSI+v1.0+NODE+Deployment ..IOTA itself is in no way part of the EBSI. Search ESBI site for IOTA, no results https://ec.europa.eu/cefdigital/wiki/display/CEFDIGITAL/EBSI Search EBSI broschure for IOTA, no results https://ec.europa.eu/cefdigital/wiki/download/attachments/410551170/CEF_EBSI_Brochure.pdf?api=v2 IOTA and its team have a history of pumping and dumping various projects including NXT, JINN and abandoning most of their roadmap goals for IOTA itself which were hyped in 2017/18. This group includes Dominik Schiener who in the posted article is making misleading comments again. Here is Dominik stating in 2017 that they will have prototypes ready soon for the JINN hardware project which they tooke money from investors in 2014, a project which they exited delivering absolutely nothing. > "Yeah, we have a hardware startup, it was created in 2014 and it's still ongoing and we'll have some prototypes ready soon" - Dominik Schiener, August 2017 https://youtu.be/EXjCqT-oK9M?t=1673

thekashmere

>The EU is not looking to adopt IOTA, all the IOTA Foundation is doing providing is consultation services for R&D and development of the ESBI blockchain infrastructure (they're currently using Hyperleger). Sources below. IOTA since 2017 hypes this up as in their blog trying to pump the prices. The fact is that IOTA still doesn't have a functioning peer-to-peer network in 2021 and relies on a centralized coordinator. The IOTA Foundation maybe should focus on their own network which isn't even peer-to-peer, has been down countless times in the past and a project which has moved goal posts and deliverables many times before they start doing consultation services to hype IOTA.Consultation services contract:progressively selects the best value for money solutions that the market can develop by awarding R&D service contractshttps://ted.europa.eu/udl?uri=TED:NOTICE:565744-2020:TEXT:EN:HTML&src=0If you look at the technical specifications of the ESBI blockchain infrastructure IOTA blog link site, it's HyperLedger. It has nothing to do with IOTA.https://ec.europa.eu/cefdigital/wiki/display/CEFDIGITAL/Minimum+Technical+Requirements+for+an+EBSI+v1.0+NODE+Deployment lol. sure, whatever makes you sleep at night dude.

biba8163

The EU is not looking to adopt IOTA, all the IOTA Foundation is doing providing is consultation services for R&D and development of the ESBI blockchain infrastructure (they're currently using Hyperleger). Sources below. IOTA since 2017 hypes this up as in their blog trying to pump the prices. The fact is that IOTA still doesn't have a functioning peer-to-peer network in 2021 and relies on a centralized coordinator. The IOTA Foundation maybe focus on their own network which isn't even peer-to-peer, has been down countless times in the past and a project which has moved goal posts and deliverables many times before they start doing consultation services to hype IOTA. Consultation services contract: > progressively selects the best value for money solutions that the market can develop by awarding R&D service contracts https://ted.europa.eu/udl?uri=TED:NOTICE:565744-2020:TEXT:EN:HTML&src=0 If you look at the technical specifications of the ESBI blockchain infrastructure IOTA blog link site, **it's HyperLedger.** It has nothing to do with IOTA. https://ec.europa.eu/cefdigital/wiki/display/CEFDIGITAL/Minimum+Technical+Requirements+for+an+EBSI+v1.0+NODE+Deployment

AutomaticEquipment42

SET UP A DIAMOND NODE in $Divi TO EARN 21.5% RoR $DIVI is a solid project to be chosen to invest in: great community, use cases, good partnerships, masternodes, ease of staking, smart wallets, etc. find out more at www.diviproject.org

ZodiacManiac

$NODE from Dappnode.

mellon98

First Test of MOOND_NODE with fixed daily profits of 1,000 MOONs was successful ✅ Execution Time : 54.71 Seconds MOONDs Holders : 87 Supply : 3,098,338.28018 MOOND Profits(Test) : 1,000 MOONs Simulated Profits : 1/100 || 1%

Hesoldpumpet

I'm gna need your Boots, Bike, Bitcoin, and Jacket. *\*GET TO THE* *~~CHOPPER~~* *NODE\**

FudgeEmergency7872

Hmm I agree with certain points. 1.The post should have included the negative or the things which Nano can't do yet. 2.About the commercial point, it's a well crafted post with some stock photos so that's the reason it looks like a commercial. 3.Nano's fundamentals are fast, feeless and green and it'll be included in every post. 4.Do you have a better graphic showing bitcoin energy consumption? 5. Didn't you read about what happened when Chinese miners stopped and the hash rate dropped? 6.Yeah I agree Nano's competition is not only with Bitcoin but it's with every coin on the market and it should have included a comparison with other coins as well. 7. Nano is cheaper and faster than lightning network, with LN you have to worry about onboarding, offboarding fees, channel capacity, channel liquidity, routing, watchtowers, being online, etc. Nano doesn't have these issues. 8. Read this for the incentives to run a Nano NODE https://medium.com/nanocurrency/the-incentives-to-run-a-node-ccc3510c2562

DetroitMotorShow

https://internetcomputer.org Just click on RUN NODE and you have to fill la typeform. Lol There is nothing decentralised about this. Its just a repacked amazon or alibaba, which for all practical purposes is going to be less efficient than amazon or alibaba instance.

HODL-BTC

We already have a council for the miners. We're called NODE OPERATORS. Run your own node to be part of the real council.

hocusseswrathfulb3

My crazy little conspiracy coin that will make me millions is definitely going to be PNODE. Pink NODE is a project with the goal of empowering innovators to create on the most promising web 3.0 meta protocol

hocusseswrathfulb3

My crazy little conspiracy coin that will make me millions is definitely going to be PNODE. Pink NODE is a project with the goal of empowering innovators to create on the most promising web 3.0 meta protocol

hocusseswrathfulb3

My crazy little conspiracy coin that will make me millions is definitely going to be PNODE. Pink NODE is a project with the goal of empowering innovators to create on the most promising web 3.0 meta protocol

robeewankenobee

dude , they are legit working on a new crypto with no scheme's involved since IT'S FREE TO MINE AND GATHER IT! AFTER THE NODE MINING GOES LIVE THE PHONE MINING WILL BE DISABLED... THEY SIMPLY NEED milions of people On the Network before they move to the next phase. Stop making up shit about random crypto that doesn't ask a dime from you or anyone else and either ignore it or watch what will happen. They use a Federated Byzantine Agreement (FBA) like Stellar in which the Nodes vouch for eachother for validation... so you Need Nodes before you launch for price. This sub is ridiculous at times ... so Shib and Doge is not a problem but PiNet that runs for 0 Dime is ...

hocusseswrathfulb3

Well, it depends on the coin you are buying. Ever heard of PINK NODE- a project with the goal of empowering innovators to create on the most promising web 3.0 meta protocol

Old-Yogurtcloset3918

I really don’t think anybody will read it, but here I leave my general advice; 1. Really DONT EXPECT this BULLRUN to last FOREVER 2. Don’t put your HARD EARNED MONEY into some coin just because a friend told you it’s a good idea to invest in that specific coin, YOUR MONEY YOUR DECISION. If you feel hyped about a coin just wait a week, or a month or a year if you still feel like it’s an good investment invest. We are still early in the whole crypto market. 3. Combining Point 1 and 2, there will be a major correction at the end of this bullrun, most of the coins will never reach the same heights as in this bullrun, there will be a lot of coins coming up till the next bullrun. So first get straight about what you want, (I) SHORT TERM wins or a (II) LONG TERM hold. (I) In regards to short term wins I really don’t know anything apart from HOLDING ETH, because of the 2.0 UPDATE coming in June. They have a relatively stable ecosystem, maybe there is a flip (market cap of eth surpassing market cap of btc) happening. (II) So and now coming to a long term coin, I really like (you can disagree or agree - maybe just somebody will read it and is as intrigued by the project as I am, maybe not; who knows? ^^) I really believe HBAR from hedera haspgraph is an option to hold long term. The founder even talked about the technical possibility of a SATELLITE (of Elon’s project) beeing a future NODE of the system, just because it needs so little hardware/power. Furthermore the company that constructed the Burj Khalifa (highest building in the world) is working on a tokenisation of property’s running on this coin. They are saying they want to build a 100 year company - I believe them. Check it out Anyways I wish you a good day, stay safe and healthy and be thoughtful with your investments! :)

Syst0us

Op said FULL NODE.

screenbr0k3

*Come on, man* It's how we **verify transactions** locally and **enforce the rules** of the network RUN A FULL NODE

screenbr0k3

DONT TRUST, VERIFY ​ FULL NODE = VERIFY ALL TRANSACTIONS LOCALLY ​ BITCOIN CORE = FULL NODE ​ Use with a wallet like [https://www.sparrowwallet.com/](https://www.sparrowwallet.com/) or use it as a wallet on its own ​ CAPICHE?

Kondzi

Sunny what's the future for X NODE hodlers. We never give up for VeChain.

easydoesitx

I use Brave browser mainly for this passive earning. If you have a idle PC you can set up it to run THETA EDGE NODE. This will let you earn TFUEL tokens. I tried and again due to being from third world country it didn't let me earn much. You can also earn Tfuel by watching videos on theta.tv. Other than this there is something similar to THETA i.e AIOZ it lets you earn coins by watching videos on its website and you can also set up its node on your computer. Its new and therefore not much goes on its node. Coinbase earn is a good option but it is available only in selected countries. See their list where they let you learn and earn.

LastxFirst

Do you even know what a node is? BNB does not control any nodes. All node operators need to go through KYC and be approved, you can apply to be a node operator right now. PoSA. LMFAO do you know WHAT a node is? COMPANIES ARE NODE OPERATORS NOW? LMFAO. VeChain handpicks 101 anonymous validators to operate their authority nodes. HOW IS YOU NAME CRYPTO FACTS

Young_Grif

Like him or not, TESLA going balls in on BTC and NOT CONVERTING AND RUNNING THEIR OWN NODE. Is huge.

kuriapasu

NO. Get a Hardware Wallet - Ledger, Trezor, Safepal are some, or better yet RUN A NODE! You want to control your private key the way your bank controls your account - completely.

sabyamou

NFT MARKETPLACE, DECENTRALISED NFT MICROBLOGGING, NEW EXCHANGE LISTING, IN APP SYLO STAKING, NODE RUNNING, SOCIAL DEFI, PARTNERSHIPS AS SURPRISE ELEMENTS (THOUGH NOT PART OF ROAD MAP), TOKEN BURNING MECHANISM AND OPEN SOURCE CODEBASE AND MANY MORE MAKES SYLO AS THE BEST INVESTMENT OF 2021. SOON IT WILL TAKE OFF. 100x FROM HERE IS VERY LIKELY TO HAPPEN SOONER THAN LATER.

sabyamou

NFT MARKETPLACE, DECENTRALISED NFT MICROBLOGGING, NEW EXCHANGE LISTING, IN APP SYLO STAKING, NODE RUNNING, SOCIAL DEFI, PARTNERSHIPS AS SURPRISE ELEMENTS (THOUGH NOT PART OF ROAD MAP), TOKEN BURNING MECHANISM AND OPEN SOURCE CODEBASE AND MANY MORE MAKES SYLO AS THE BEST INVESTMENT OF 2021. SOON IT WILL TAKE OFF. 100x FROM HERE IS VERY LIKELY TO HAPPEN SOONER THAN LATER.

kushbom

Dont panic get yourself a BITCOIN NODE 🤷‍♂️

Zagubadu

Dude put a single sentence and ask your question because so far nobody in this entire thread has any idea what your talking about. ​ You keep mentioning nodes and how much someone who runs one would pay in fees, and its already been answered two and this will be three times. The answer to your question is they pay the SAME EXACT fees as someone NOT RUNNING A NODE would pay. ​ So people are giving you shit because your asking a nonsensical question, again the answer your looking for is "The same, they pay the same fees as anyone else".

anon517

It's not Bitcoin. You are basically trading "IOUs" that can "theoretically" be redeemed on someone's database. The only reason to do this would be if you don't give a fuck about what benefit Bitcoin provides and simply want to gamble and try to make more money. People keep saying, "I keep my Bitcoin on exchange X" but this statement is patently false. It's like saying "I validated this Bitcoin block that was mined on Ethereum." It makes no sense. You cannot simultaneously own something while not having any control or possession of it. It's not YOUR Bitcoin at all if all you have is some piece of junk "IOU" and the hopes/prayers that you can redeem it "someday". What you are holding is trash and a promise that is designed to be broken. You're basically running a broken version of Bitcoin Core that keeps validating bad blocks as if the transactions are valid. It's a huge security bug, and you're just asking to become bankrupt someday when the promise is "hacked" (e.g. CEO claims it was hacked, while mysteriously retiring with billions). Don't be stupid. Look, if you want to be stupid that is your choice. But don't call it Bitcoin. It's not Bitcoin until you've validated it ON YOUR OWN GODDAMN NODE with a client software that has been verified by hash. Doing anything else is pretending to own Bitcoin and accepting incorrect blocks. Do you even want Bitcoin? It really doesn't sound like you do. If you want to trade Bitcoin IOUs, go ahead. I'm not going to stop you, or even convince you not to do that. But for god's sake don't call those stupid "IOU" tokens "Bitcoin". It's just as stupid as calling BCH "Bitcoin" or calling Dogecoin "Bitcoin". You've got trash. It's trash IOUs. When you lose your trash IOUs, don't come crying to us. MtGox warned everyone.

Reverend_James

>The block size limit is also supposed to be raised sometime in the future #NOT ON MY NODE

for_loop_master

It doesn’t. MINERS get rewarded for processing transactions with fees. They also get the inflationary rewards every time new btc is mined. NODE OPERATORS are separate entities from MINERS in btc. These nodes can either be lightweight or full nodes, where full nodes persist the entire ledger. These entities have no monetary incentive to provide their services. Say tomorrow the mining pools take their hash power elsewhere similar to what went down during segwit. I was still able to see my btc in my account because the network was still alive due to the “communist” btc nodes. However I wasn’t able to transact because miners slowed the network to a crawl because mining pools were busy mining bch.

shadowrun456

>Do you think that the more energy is spent, the more secure the network is? Because I would disagree with that statement. Yes. Why do you disagree? >If more energy is spent but the network increasingly centralises, which would happen since Bitcoin incentivises centralisation through economies of scale, then it becomes ever less decentralised and therefore less secure. Even with all the energy usage in the world, when you have fewer and fewer parties needed to collaborate, we're back to an oligopoly or monopoly, definitely not a decentralised digital currency or store of value. We've just moved from the central bank being the one party to a mining company being the one party. This is not related to your disagreement, as a higher amount of energy spent does not increase centralization. If that would be the case, then the smallest coins which have the lowest amount of energy spent would be the most decentralized, which is obviously not the case. Regarding NANO specifically, I can't even run a NANO node on a raspberry pi, so to use NANO I would have to either buy a powerful computer just to run the NODE or use someone else's node, which obviously increases centralization. Source: [https://forum.nano.org/t/can-i-run-a-node-on-a-single-board-computer-like-a-raspberry-pi/84](https://forum.nano.org/t/can-i-run-a-node-on-a-single-board-computer-like-a-raspberry-pi/84) "*I would recommend 4 cores (or virtual cores), 4-8GB RAM, SSD and 100 Mbit/s network. More RAM will ease the disk I/O."* For comparison, I'm running a Bitcoin node + Lightning Network node + Electrum server all on the same raspberry pi.

muscleg33k

something is happening with BINANCE 'S 11 NODE VALIDATORS that are down which could make pancake swap useless