Why & How to Run a Bitcoin/Lightning Node w/ MyNode

Why running your own node increases privacy and control. Demos of using a trezor hardware wallet thru electrum to create and sign a transaction, and then broadcast thru MyNode. Also, demo of using Zap iOS wallet via Tor to send a lightning transaction. Tour of apps on MyNode and features, and finally a walk-through of the setup process.

0:00 Why run a Bitcoin node?
5:01 Survey of node software options
8:17 Tour of MyNode features
10:05 Ride the Lightning wallet
10:36 Using Trezor w/ Electrum
12:18 Using Zap mobile wallet via Tor
16:14 MyNode setup walkthrough

Fantastic Ministry of Nodes in-depth walk-through:

Nodes mentioned in video:

[prula]

Now 1 week later I have my own node up and running, build it my self with the help of Ministry of Nodes YouTube Videos! Thanks for your video! You really helped me!

[NappyWayz]

8:44 I don’t understand what you mean when setting up the Wi-Fi. Do you mean don’t use an external Wi-Fi/router to connect the node? Or only connect the node to a router?

[runningrock]

how do you download tor at 10:58?

i still dont fully understand this whole section from 10:58 to 12:15

[layers]

As soon as I get my node running I'll send you a tip

[RyanMatta]

Would you be interested in coming on the show for an interview to teach us more about the lightning network?

[captaincool]

This was a great tutorial video and it's great that there is a plug-in play device for beginners to understand however for me since I'm not an expert with computer programming I still couldn't understand a lot of the info in the part of the video relating to seeing the spreadsheet of all the code like transactions/wallet address/lightning network/and other programs etc. So far I just understood the plug-in play part and the apps are supposed to be wallets.

[albertvanwingerden]

Is the recently released luminos any good?

[glaivestorm-ce]

Great vid! Question, for users who do not compile their own code and use say myNode to run their nodes and do the regular updates, how is the average user to know what consensus rules they are actually running if they are not tech savvy? Are they not just "trusting" those who produce the myNode updates and not verifying?

[fijiwater]

"not your node, not your network" is wayyy more catchy

[Joediesel]

Great video. Setting up a lighting wallet step by step on mynode video will be helpful. Thanks.

[runningrock]

great vid! thanks

my LND is just been saying "scanning" for multiple hours now
like at 18:56 yours says "running" where mine just says "scanning"

any tips on how i can fix this? or what im doing wrong
i cant get on RTL or anything without it

[Will_Grow_Plants]

Argh... You've figured out some stuff I really wish I knew how to do. Would love to see you do a video on setting up RTL.

[MasterYodaaa]

This was a fantastic video. Thank you for sharing your knowledge with the world!!

[NikoNemo]

Nice :) tell me, how electricity outage affects the node!?

[Guydude]

So to run a node you don't need to physically do anything? You just set this up and the mynode software does all the background work? We just need to have it connected and running?

[matthewpirro]

Awesome video! I am interested in getting set up to contribute to the lightning network. Do you offer any type of 1 on 1 consultation?

[alizee]

one of the best video I like the way you have explain everything

[ssshalabh]

So do you earn something out of it too or running node is just for transaction confirmations?

[keithfaulkner]

Thanks. I haven't decided if I want to start my own node. But if I do I'd like to send a tip.

[尉尉-kv]

Hi, may i know more about the node, why did i need setup my node?advantages, any materials or website for reference, please