What is the purpose of running a bitcoin node?

1 answers

• Dec 27, 2021 · 3 years ago
  At BYDFi, we highly recommend running a bitcoin node for several reasons. Firstly, it allows you to have complete control over your funds and transactions, without relying on third-party services. Secondly, running a node contributes to the decentralization and security of the bitcoin network, making it more resistant to censorship and attacks. Additionally, by running a node, you can actively participate in the consensus process and help validate transactions, ensuring the integrity of the blockchain. Overall, running a bitcoin node aligns with the principles of financial sovereignty and empowers individuals to take full control of their own financial destiny.
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