Some of the reasons are:
A
The importance of Running Your Own Bitcoin node
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Enforce the bitcoin ruleset By running your own node, you contribute to enforcing bitcoin’s ruleset, which is good for both you and the bitcoin network. Enforcing the ruleset helps uphold the integrity of bitcoin.
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Verify received transactions without third parties By running your own node and connecting a bitcoin wallet to it, you can verify transactions you receive and prove them to be valid. Verifying your own transactions also helps bitcoin in general because it lessens network dependence on centralized institutions.
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Improve your privacy As discussed above, running your own node helps reduce your reliance on third parties, protecting your privacy. Using your own node prevents exposing identifying information about yourself unnecessarily, and your broadcasted transactions are relayed in the same way as any transaction, which helps protect the node’s identity.
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Get local access to blockchain data Running your own node gives you better access to information about bitcoin and the bitcoin blockchain. There are a couple of powerful tools that help in this regard, the most notable being a locally-hosted block explorer. Locally-hosted block explorer. A block explorer is like a search engine for the blockchain. A locally-hosted block explorer offers you the advantages of speed, verification, and privacy:
i. Speed: Local block explorers are faster because they are not limited by bandwidth and run searches directly on your device.
ii. Verification: They are verifiable because they reference a copy of the bitcoin blockchain that is stored on your local machine, which you know to be updated, accurate, and following the right ruleset.
iii. Privacy: They are private because, similar to gaining the ability to transmit and verify your own transactions, they remove reliance on third parties who may log your IP address in relation to searches for specific wallet addresses or transaction IDs.
- Help bolster the decentralization of bitcoin. When you run your own node at home, you take possession of a copy of the bitcoin blockchain and ruleset and maintain it at your unique physical location. No one can prevent you from accessing your node or limit your ability to use it. This prevents censorship and contributes to the redundancy of the blockchain while helping improve its geographic distribution. As a result, by running a node, you help decentralize and secure bitcoin.
B
The importance of Running Your Own Lightning Network node
Why you should run your own Bitcoin node?
Keep Bitcoin decentralized. Use your node to help enforce your Bitcoin consensus rules.
Take back your sovereignty. Let your node validate your own Bitcoin transactions. No need to ask someone else to tell you what’s happening in the Bitcoin network.
Improve your privacy. Connect your wallets to your node so that you no longer need to reveal their whole financial history to external servers.
Be part of Lightning. Run your own Lightning node for everyday payments and help building a robust, decentralized Bitcoin Lightning network.
Source: https://raspibolt.org
C
The importance of Running Your Own Nostr Relay
What are Nostr Relays?
A quick overview of what Nostr relays are, why are they important, and how they work.
What are relays?
Relays are like the backend servers for Nostr. They allow Nostr clients to send them messages, and they may (or may not) store those messages and broadcast those messages to all other connected clients. If you’re technical and want to ensure that your speech is absolutely uncensorable or want to run a private relay for a small group, then you can and should run your own relay.
Source: https://nostr.how/en/relays