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Other than privacy/verification purposes, you aren't participating in consensus, you aren't helping relay txs (providing censorship resistant transfer from bitcoiners to miners) and blocks for the network.
You don't need to run a full node to mine bitcoin either. Why should anyone run a node? Why don't we all use Coinbase's and Michael Saylor's APIs?
49 sats \ 1 reply \ @j7hB75 4 Dec
I think running a node is important for the network. However, I think the argument is whether running a full node is necessary.
Nodes help verify transactions, making sure no double spending is occurring. If you're running a node, you are in fact participating in consensus because your node talks with other nodes to maintain consensus on the validity of the transactions on the blockchain.
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22 sats \ 0 replies \ @k00b 4 Dec
There's no argument happening afaict. The OP implied that miners run full nodes, which they don't, and given other convos I've had with the OP about self-sovereignty, I gathered they were using full node and node interchangeably.
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