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Author Topic: running a Bitcoin Node is a huge benefit for Bitcoin and us.  (Read 28 times)
Supreme Donvic (OP)
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Today at 10:20:14 AM
 #1

Why Everyone Should Run a Bitcoin Node.
I made the above post on my local board and someone replied to me and posted the link to a thread in this board where Bitcoin nodes are being run as a challenge and have been conducted by NotATether for some time now.
And when I went through the thread I found out that a lot of people have been running this Bitcoin node.
To be honest NotATether has done a great thing for Bitcoin because there's a lot of benefit that comes from running a Bitcoin node which is
1. Bitcoin nodes help in checking that all transactions follow Bitcoin rules and you won't have to trust exchange and even wallet blindly.
2. Running more Bitcoin nodes makes it harder to censor, manipulate, or attack the network.
3. Running Bitcoin nodes helps in making Bitcoin fast, synchronized, and reliable.
4. Running Bitcoin helps protect Bitcoin from invalid blocks.
5. It also helps prevent a third party from tracking your transaction.

I think everyone should get involved in the Bitcoin node challenge
🌐 Bridgoro.com [CHALLENGE] Run A Bitcoin Node: 14 Days To 14 Merits.
Doan9269
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Today at 11:21:18 AM
 #2

I guess the thread suggest the benefits of running bitcoin node, which is very important, however, this also may require some little of more of technical procedures, but not too complicated to run, once the process is followed strictly, also, another demand is the kind of device to be used, the space it requires and the internet connectivity it may also demanded form us, which i see all as gain if one can understand how to run it.

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PostQuantumBTC
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Today at 01:59:53 PM
 #3

I guess the thread suggest the benefits of running bitcoin node, which is very important, however, this also may require some little of more of technical procedures, but not too complicated to run, once the process is followed strictly, also, another demand is the kind of device to be used, the space it requires and the internet connectivity it may also demanded form us, which i see all as gain if one can understand how to run it.
These are the starting requirements, you still need constant internet to run a node, the megabyte needed to receiving and sending blockchain information like valid new blocks and transactions is very high. See what some users posted about the bytes that full node is consuming

My full node used to upload about 2 TB per month. There's no fixed number for this.

Current specs since August 23:
Code:
  "totalbytesrecv": 44973468250,
  "totalbytessent": 1827279238373


I can provide two more data points of two of my full nodes that run 24/7 and are only restarted when an OS update needs a reboot which is not often required on Ubuntu and Raspian (derived from Debian). Both nodes have no restrictions on amount of uploaded data, i.e.
Code:
maxuploadtarget=0
Both nodes connect only via Tor and .onion addresses to other nodes.

Node A (older ThinkPad laptop with 16GiB RAM and two SSDs as storage media)
Uptime (taken a few seconds after querying getnettotals): 1,899,532 seconds (almost 22 days)
Code:
  "totalbytesrecv": 11772103012,
  "totalbytessent": 137906099190

Node B (Raspi 4B, 8GiB RAM, uses a HDD as storage media)
Uptime: 24,713,930 seconds (~286.0409 days)
Code:
  "totalbytesrecv": 162439719241,
  "totalbytessent": 547966652842

My internet connection has ~106MBit downstream and ~44MBit upstream, very stable, commonly no disconnects/reconnects for months. Throughput capacity is also stable, only tested with downloads and uploads of max. few hundreds of GiB though, but those were able to saturate my line limits at my line's max. With enough download or upload parallel streams my line saturated at my max. values without noticeable fluctuations. TL;DR stable internet connection that provides its max capacities without ups and downs.

My monthly internet is limited, having a full node may not be for everyone but if able to have it, it is a very good thing as you will not have to rely on centralized servers.
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