3

I am running a Bitcoin full node Bitcoin core version v0.19.1 (64-bit).

I know that is one of the most secure wallets, but the process to set up a full node is very painful, and even if you keep this full node running 24/7 you won't get paid.

So I just would like to know what are the advantages for an user that is running this full node, I only can think that the network will be benefit with that somehow, but I can't see any advantage for the user.

1 Answer 1

2
  1. You validate your own UTXO without any external services that may play for your disadvantage, no middleman needed
  2. It's the most privacy-preserving and secure way of using bitcoin. Lightweight-clients have some privacy issues, not too many people are reviewing their code.
  3. The process of setting it up and using bitcoin core is a major step in one's education when it comes to bitcoin. More knowledge = advantage.
  4. You have some voting power on consensus rules, like in UASF.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.