Be Your Own Bank: Why And How To Run Your Own Bitcoin Node [031wnxcINM]

2025-01-02T09:16:07+0100

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► This clip is from my monthly Live Q&A. Ask your own questions: https://cracktheorange.com I explain the basics of a Bitcoin node, a software that runs on computers or specialized devices like a RaspiBlitz, to validate transactions according to Bitcoin’s rules. By running your own Bitcoin node you become your own bank. Nodes play a crucial role in maintaining the decentralized nature of Bitcoin, helping secure the network by storing all transactions and operating globally without centralized control. I distinguish between Bitcoin and Lightning nodes and briefly discuss different devices suitable for running these nodes. CHECK OUT ------------------------------------------- ►► Lightning Node On Your Phone How With The Phoenix Wallet: Easy Setup in 10 Minutes https://youtu.be/chSktrFRN6E ►► SUBSCRIBE https://anita.link/news to never miss an update ___________ No financial advice. Do your own research. ___________ #Bitcoin #decentralization #LightningNetwork