🟧 Does Running a Bitcoin Full Node ACTUALLY Help Bitcoin?

preview_player
Показать описание
In a previous wildly popular video, I listed out all the reasons why you should be running your very own Bitcoin node, using something like Umbrel, MyNode, or RaspiBlitz. And in that video, I didn't stop to consider one very important question: what (if anything) are you actually contributing to the Bitcoin network by running a bitcoin full node?

I decided to do this video not only to encourage more of you to run your own Bitcoin node (because clearly, based on my previous "why you run your own Bitcoin lightning node," I've done a good enough job of that. I did it because I myself was curious - and also, because I've been deeply embroiled in a Twitter Battle with BitcoinSV / BSV retards, who think that there's no real reason to run a Bitcoin full node, and don't believe in Lightning Network. *Sighh...* but that's another topic for another day.

In any case, stick around, because in this video, I'm going to explain all the actual ways that you contribute to the Bitcoin network when you run a Bitcoin full node. So if you're considering setting up a MyNode, RaspiBlitz, Citadel, Start9, or Umbrel Bitcoin Node, you won't want to miss this.

By the way, Bitcoin SV (BSV) is a shitcoin. Don't believe anyone who tells you Bitcoin SV is the "real" Bitcoin.

Enjoy!

🎥 IN THIS VIDEO: 🎥
00:00 🟧 Introduction: Running a Bitcoin Full Node
04:00 🟧 Redundancy and Decentralization - More Bitcoin Full Nodes = Better
06:23 🟧 Communication and Distribution
08:34 🟧 Validation of Work That The Miners Are Doing
11:30 🟧 The Miners, The Nodes, The Developers - Who Has Control?
13:34 🟧 Bitcoin Full Nodes Have The Ability To Push Through Changes
17:29 🟧 Provide Liquidity To The People Who Need It (via Lightning Network)
18:21 🟧 Conclusion

🔗 LINKS / RESOURCES MENTIONED: 🔗

❤️ LOVED THIS VIDEO? ❤️
▶️ Subscribe to the channel
✍️ Write a comment below!
👍🏿 Like this video
🔔 Turn on Notifications
Рекомендации по теме
Комментарии
Автор

So, what do you say? Is it important to run Bitcoin nodes, or no? Would you run one? And is Craig Wright the Donald Trump of Bitcoin?

Bitcoinftm
Автор

As always information rich, valuable and precise contribution to the community. The way you explain you are doing a very valuable service to us, in some way similar to the nodes. 😉

bonifatiusjh
Автор

6:40 Umbrel and Citadel meanwhile allow inbound conncetions(people can download the chain from your copy)

cocoardo
Автор

Ohh wow. You nailed it! I love it. Very well spooken.

And the best and shortest video(!) I know about the topic.

cocoardo
Автор

Jonathan, your content about bitcoin is awesome, man. Abraços from Brazil!

wakawaka
Автор

Nodes are god: they make and enforce the rules. 100k + worldwide nodes are the reason BTC is the most valuable blockchain in the world

jungleinc
Автор

I am just curious to what happens to Bitcoin lightning if there is a fork of the main chain in the future. Would that make two separate lightning networks?

andrewe
Автор

I mean you could easily shutdown 14 Nodes. These people never consider that someone would want to stop the BTC Blockchain. Its like if we would live in a world were something similar never happend... Maybe not in this size but how knows.

janoriginalde
Автор

Can you do a video on lightning channels offline? Thank you

Jaytraveler
Автор

In your intro, the tweets you showed had nothing to do with Craig Wright. They simply explained that running an observation node does not add blocks and hence does not contribute to direct "consensus". The other things like privacy and wanting to learn are all valid but not the argument.

CaribbeanCryptoTips
Автор

I wouldn’t even argue with BSV supporters. As Trader University has said, it’s failed. They lost the war. The market has spoken as well. When compared against the value of btc it’s going to zero.

austinfrazier
Автор

bitcoin sv seems to be more for enterprise workloads... not a big fan of the block size but calling it a shitcoin without receipts is pretty low IQ.

jayarchitect