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leevancleef
leevancleef
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If you need only to receive bitcoins, or better only to check the balance of your wallet, you can setup a read only address that leave no way to send money through this server.  
InsteadTo setup read only addresses there are several command:

importaddress
importmulti
importpubkey

Instead if you need a full node that receives and sends bitcoins automatically, (despite the fact that the encryption is secure) the wallet cannot be encrypted and it can be risky (at least more than having physical possession of the server) and you have to evaluate if the savings of buying a VPS instead of a physical server compensate for the greater risk of theft.

If you need only to receive bitcoins, or better only to check the balance of your wallet, you can setup a read only address that leave no way to send money through this server.  
Instead if you need a full node that receives and sends bitcoins automatically, (despite the fact that the encryption is secure) the wallet cannot be encrypted and it can be risky (at least more than having physical possession of the server) and you have to evaluate if the savings of buying a VPS instead of a physical server compensate for the greater risk of theft.

If you need only to receive bitcoins, or better only to check the balance of your wallet, you can setup a read only address that leave no way to send money through this server.
To setup read only addresses there are several command:

importaddress
importmulti
importpubkey

Instead if you need a full node that receives and sends bitcoins automatically, (despite the fact that the encryption is secure) the wallet cannot be encrypted and it can be risky (at least more than having physical possession of the server) and you have to evaluate if the savings of buying a VPS instead of a physical server compensate for the greater risk of theft.

added 174 characters in body
Source Link
leevancleef
leevancleef
  • 892
  • 7
  • 17

If you need only to receive bitcoins, or better only to check the balance of your wallet, you can setup a read only address that leave no way to send money through this server.
Instead if you need a full node that receives and sends bitcoins automatically then, (despite the fact that the encryption is secure) the wallet cannot be encrypted and it can be risky (at least more than having physical possession of the server) and you have to evaluate if the savings of buying a VPS instead of a physical server compensate for the greater risk of theft.

If you need a full node that receives and sends bitcoins automatically then, (despite the fact that the encryption is secure) the wallet cannot be encrypted and it can be risky (at least more than having physical possession of the server) and you have to evaluate if the savings of buying a VPS instead of a physical server compensate for the greater risk of theft.

If you need only to receive bitcoins, or better only to check the balance of your wallet, you can setup a read only address that leave no way to send money through this server.
Instead if you need a full node that receives and sends bitcoins automatically, (despite the fact that the encryption is secure) the wallet cannot be encrypted and it can be risky (at least more than having physical possession of the server) and you have to evaluate if the savings of buying a VPS instead of a physical server compensate for the greater risk of theft.

Source Link
leevancleef
leevancleef
  • 892
  • 7
  • 17

If you need a full node that receives and sends bitcoins automatically then, (despite the fact that the encryption is secure) the wallet cannot be encrypted and it can be risky (at least more than having physical possession of the server) and you have to evaluate if the savings of buying a VPS instead of a physical server compensate for the greater risk of theft.