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Author Topic: You Don’t Verify Bitcoin Yourself, Who Are You Actually Trusting.  (Read 69 times)
God Tim (OP)
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October 13, 2026, 12:39:07 PM
 #1

The ability for the users to verify the network rules by themselves is given by Bitcoin how many Bitcoin user really do this ?
‎Some users for example, can keep their Bitcoin in a seif custody wallet to control their private keys , only the depend on a wallet provider, exchange, block explorer or other servers available to them this makes one insinuate the presence of the different kinds of trusts that may be involved.
‎
‎You may be trusting someone for information about the happening on the Bitcoin network, even though you may avoid the need to trust someone with your coins by utilizing seif custody alone give the full benefit of Bitcoin trust less design or if independent verification can be an important part of it I am not concluding that all Bitcoin users need to run a node or verify everything them selves, but more of interest is where we draw the difference between convenience and trusting an intermediary.
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‎What matters more is either controlling your own keys, verifying the network independently or both
ZeroVinsonN
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October 13, 2026, 02:06:45 PM
 #2

Trust in this case isn't necessary, it's not like someone running a node can just move your coin out of your wallet if it's already there, I understand the need to want to verify transactions yourself but comparing between controlling your own key and verifying the network to find which is more important is like comparing two fundamentally different principles, it will not get you anywhere.
Sure, it's not wrong to want to control your coin while also being responsible for verifying whether or not the bitcoin you are recieving is valid but being able to do that requires technical knowledge about bitcoin that not everyone wants to bother with having, some can just choose convenience and while you can argue that it is reckless you will need to make an actual comparison of the people who own bitcoin and ask yourself how many of them are actually doing things like running a node, when you see the numbers you will find that expecting them all to verify every Blockchain information the receive themselves to be unrealistic.

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October 13, 2026, 05:05:23 PM
 #3

The ability for the users to verify the network rules by themselves is given by Bitcoin how many Bitcoin user really do this ?
‎

Latest comes in, not even the developers now we are putting our trust in, but the source codes, the network and protocols that make up the entire bitcoin network and the blockchain technology.

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October 13, 2026, 07:30:18 PM
 #4

The ability for the users to verify the network rules by themselves is given by Bitcoin how many Bitcoin user really do this ?
‎Some users for example, can keep their Bitcoin in a seif custody wallet to control their private keys , only the depend on a wallet provider, exchange, block explorer or other servers available to them this makes one insinuate the presence of the different kinds of trusts that may be involved.

If you are a regular Bitcoin person that makes some few transactions, you don't have to run node before you can make a transactions but itherr us nothing  bad if you have a node at home, at least to support the network and help validate transactionss. There is nothing wrong in using a custodial wallet that depends on other severs to run a transaction when you don't have a node of your own, it's more better instead of using centralized exchanges or some custodial wallet.

You can use bluewallet or electrum and connect to some popular servers run on this forum and you have nothing to worry about them, they don't keep your IP address. You can always rely on them and you can also use VPN to hide your location. Even if you run your node, you still have to rely on public explorers unless you set up your own rpc explorer with your node.

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