What is Bitcoin Full Node and how to setup one
Learn why you need a Fullnode
Updated on Sep, 2023
Language - English
Bitcoin is not a new name in today’s world but setting up your own bitcoin full node is still a time consuming task .
There are many reasons to have a full node, like having higher degree of privacy as you can create and manage your own wallet instead of having to trust a third party service provide.
Running any kind of Bitcoin wallet that does not require you to run a full node means that you have to place a certain degree of trust in the service provider.
A web-based wallet requires you to trust the central node through which your transactions are broadcasted and even lightweight clients like Electrum require that you trust their servers. Even an SPV client requires trust in a third party. With your own full node, you don’t need to worry about trusting a third party.
This course covers the reason why you need a full node and how to get one.
We provide you and out of box environment for Bitcoin Full Node which is a virtual machine with complete preinstalled setup. It includes the bitcoind and bitcoin QT GUI and synched ledger. The bitcoin ledger is pre-synched making it easier and faster for you to fully synch the ledger.
Having your own full bitcoin node provides you following benefits:
1.Gives you higher degree of privacy and keeps you safe
2.Gives you full control
The Bitcoin Fullnode VM is available on :
Google Cloud Platform
What will you learn in this course:
- What is the purpose and advantage of having your own Bitcoin Full node
- How to setup your own Bitcoin Full Node from leading cloud platforms (AWS,GCP and Azure)
- Understand how Bitcoind and Bitcoin QT GUI is used to sync the ledger
What are the prerequisites for this course?
- Basic knowledge of bitcoin
Check out the detailed breakdown of what’s inside the course
- Why you need Bitcoin Fullnode 02:44 02:44
- Course Overview 22:45 22:45
How to provision Bitcoin Full Node on leading cloud platforms
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