pull down to refresh
98 sats \ 3 replies \ @k00b 4 Dec \ on: Why Should I Have a Bitcoin Core Full Node If I'm Not a Miner? bitcoin_beginners
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?
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.
100%
reply