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Author Topic: Do people running full nodes gain anything?  (Read 1678 times)
R2D221
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January 24, 2015, 12:04:52 AM
 #21

If you run the core 24/7 then you will not have to wait the sync process every time you want spend your money

Neither you do when using a lightweight client. The real benefit of running the core client is securing the network, as others have already said.

but if you use a lightweight client you will have to trust other people about the blockchain

Yes, that's why I don't see “will not have to wait” as THE benefit of running the full node.

An economy based on endless growth is unsustainable.
minerpumpkin
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January 24, 2015, 12:08:46 AM
 #22

It's more a way of supporting a project you like and making it better. By running a full node you sort of improve the network and its utility making it worth more (if only slightly). That's what makes Bitcoin so interesting - it's not only a brick of gold, but something you can spend time on, it's interesting!

I should have gotten into Bitcoin back in 1992...
Q7
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January 24, 2015, 01:24:27 AM
 #23

If you use Armory, you can also see that it needs the whole blockchain so you can run the node and armory as well. Apart from security here, at least you know that you are contributing back to the community to help maintain it.

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January 24, 2015, 02:22:33 AM
 #24

It helps the network. which if you enjoy bitcoin you might enjoy doing.

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January 24, 2015, 11:36:11 AM
 #25

This is something they do to secure the network.
Nothing like supporting a project you admire.  Smiley


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SirChiko
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January 24, 2015, 01:01:22 PM
 #26

I see a lot of people are eager to get their nodes up and running are they earning from this or are they trying to secure the network more?
They are securing network and generaly helping it plus making downloading blockchain files to other users faster. No nodes in bitcoin aren't paid but few altcoins made it possible.

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DoubleTrouble
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January 24, 2015, 01:03:49 PM
 #27

They do not gain anything however they do help the bitcoin network.

worldinacoin
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January 24, 2015, 01:06:08 PM
 #28

I am running full node, am proud that I am contributing my tiny bit to Bitcoin.  It is not as slow if your Bitcoin is running daily.
1Referee
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January 24, 2015, 02:59:49 PM
 #29

I am running full node, am proud that I am contributing my tiny bit to Bitcoin.  It is not as slow if your Bitcoin is running daily.

May I ask how you run it? On your pc or vps?

I think I will leave my Bitcoin Core wallet open for as long as my pc is open, just to help.
worldinacoin
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January 25, 2015, 01:16:48 AM
 #30

I am running full node, am proud that I am contributing my tiny bit to Bitcoin.  It is not as slow if your Bitcoin is running daily.

May I ask how you run it? On your pc or vps?

I think I will leave my Bitcoin Core wallet open for as long as my pc is open, just to help.

On my PC which is normally on all the time Smiley
fearlesscat10
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January 25, 2015, 08:45:43 AM
 #31

I am running full node, am proud that I am contributing my tiny bit to Bitcoin.  It is not as slow if your Bitcoin is running daily.

May I ask how you run it? On your pc or vps?

I think I will leave my Bitcoin Core wallet open for as long as my pc is open, just to help.

On my PC which is normally on all the time Smiley

Also running a full node here. Cheesy Never stays out of sync for more than a few days.

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January 25, 2015, 08:54:06 AM
 #32

Like lots of people say you do not gain anything but it helps the bitcoin network and it's easy to run of your everyday computer.
Yuki1988
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January 25, 2015, 08:57:02 AM
 #33

As a side note, there are now less than 6500 bitcoin full nodes in the world and the majority are located in US and western Europe. https://getaddr.bitnodes.io/
The number is pretty low, considering the size, value and importance of the bitcoin project.

fearlesscat10
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January 28, 2015, 11:04:38 AM
 #34

As a side note, there are now less than 6500 bitcoin full nodes in the world and the majority are located in US and western Europe. https://getaddr.bitnodes.io/
The number is pretty low, considering the size, value and importance of the bitcoin project.

I'm from the Philippines and it's shocking to know that there are only 3 of us running full nodes across the country. Shocked

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