PSA: Run your own crypto nodes

Lately, and from several years ago, big daddy uncle sam have been targeting and taking down wallets or third party apps.

I think today or yesterday, trust wallet was taken down from the google play store.

RUN YOUR OWN NODES!

That's the only way to combat against these sanctions.

Sure its easy to download an app and have your crypto there. BUt they can be used as surveilance and in any moment can be taken down.

RUn your nodes, be free.

Free yourself from kYC madness and use non-kyc exchanges!

NO need to give anyone your info for no reason.

how?

Even if you run your own node, technically they can take over your coins. How? The main nodes can be taken over...

GooogleDev said:

Lately, and from several years ago, big daddy uncle sam have been targeting and taking down wallets or third party apps.

I think today or yesterday, trust wallet was taken down from the google play store.

RUN YOUR OWN NODES!

That's the only way to combat against these sanctions.

Sure its easy to download an app and have your crypto there. BUt they can be used as surveilance and in any moment can be taken down.

RUn your nodes, be free.

Free yourself from kYC madness and use non-kyc exchanges!

NO need to give anyone your info for no reason.

Click to expand...

This is complete nonsense.

Big daddy, nor Uncle Sam, nor Auntie Fruitloop can seize your wallet.

TrustWallet doesn't store your private keys. No one can access them.

Running a node has NOTHING to do with anything. It's not even a crypto-wide term. There are no "nodes" on bitcoin.

You get validator nodes on Avalanche. On Solana you have validator nodes and rpc nodes. Both of which has precisely zero to do with owning your own crypto.

TomTheCat said:

Even if you run your own node, technically they can take over your coins. How? The main nodes can be taken over...

Click to expand...

no, nodes are decentralized. as long as there's just 1 node running worldwide, the blockchain will continue to live.

splishsplash said:

This is complete nonsense.

Big daddy, nor Uncle Sam, nor Auntie Fruitloop can seize your wallet.

TrustWallet doesn't store your private keys. No one can access them.

Running a node has NOTHING to do with anything. It's not even a crypto-wide term. There are no "nodes" on bitcoin.

You get validator nodes on Avalanche. On Solana you have validator nodes and rpc nodes. Both of which has precisely zero to do with owning your own crypto.

Click to expand...

have you read the stablecoins smart contracts? there are chains where your tokens can be taken even if running your own node - like USDT in any chain.

my point is that there is no need to use third party software to accept/receive or send coins/tokens, pLUS you avoid the surveilance by running your own node.

Sure, onchain info can be used to identify you, but it's way better this way than giving everyone your identifiable info/kyc

Example, to receive crypto on your website, you can either give your face to coinbase, or give a % to a random site, or run your own nodes to verify payments.

Yeah, i prefer to run my nodes and keep % in my own and i get to keep my privacy.

GooogleDev said:

no, nodes are decentralized. as long as there's just 1 node running worldwide, the blockchain will continue to live.


have you read the stablecoins smart contracts? there are chains where your tokens can be taken even if running your own node - like USDT in any chain.

my point is that there is no need to use third party software to accept/receive or send coins/tokens, pLUS you avoid the surveilance by running your own node.

Sure, onchain info can be used to identify you, but it's way better this way than giving everyone your identifiable info/kyc

Example, to receive crypto on your website, you can either give your face to coinbase, or give a % to a random site, or run your own nodes to verify payments.

Yeah, i prefer to run my nodes and keep % in my own and i get to keep my privacy.

Click to expand...

Running a node doesn't secure your crypto any more than having a cold wallet.

There is no distinction. People run nodes for rewards. There's no increase in security. Nodes have *EXACTLY* the same type of wallet as anyone else.

I've actually setup a solana rpc node. The wallet used is a normal wallet. The only difference between running nodes and being a normal user is you maintain a partial copy of the blockchain on your server.

Im losing braincells here and now.

1. Nodes are for rewards
2. Running RPC is expensive
3. Dont mix centralized bs like USDT with general use of crypto dynamics.
4. Nobody can take your crypto unless they have your keys.

splishsplash said:

Running a node doesn't secure your crypto any more than having a cold wallet.

Click to expand...

I'm also referring to CExs, not only public wallets. Plus, with publis wallets, it has happened that people have been rug pulled in the past even if they have "their keys". The reason? SOmetimes public wallets keep the keys and they used them to rug pull users.

Plenty of examples in the past

splishsplash said:

People run nodes for rewards.

Click to expand...

Not necessarily. I'm running several nodes from BTC, LTC, XMR, ETH and TRX to accept payments and none pay me rewards. I do run them to accept payments on my sites as well as keep everything in private. NO need to use third party wallets

splishsplash said:

There's no increase in security.

Click to expand...

you avoid security holes. It's extra caution

FatBee said:

Im losing braincells here and now.

1. Nodes are for rewards
2. Running RPC is expensive
3. Dont mix centralized bs like USDT with general use of crypto dynamics.
4. Nobody can take your crypto unless they have your keys.

Click to expand...

1. not necessarily
2. not true. i bought a nice last-gen server to run my nodes for a few thousands. Expensive isn't. I do this for my business where i make more than that. It's an investment in privacy, security and payment processing
3. bro, if you hold USDT or similar tokens with smart contracts that have "clawback" functions, the smart contract creators can take your tokens for any reason. THis is why there have been usdt take downs by police
4. please read about usdt smart contracts and similar tokens. the smart contract creators can take your tokens (ONLY smart contracts that have the clawback feature like usdt).


Now, obviously, there are chains where they can't take your tokens, like BTC, LTC, XMR, ETH, TRX, but eth and trx's smart contracts can have functions to take your tokens.

THe point is, stay more private and secure by running your nodes.

i know you guys love to do kyc and show everyone your info, but there are guys like me that like to keep things more private and secure.

By rUnning my nodes, i make sure a wallet site can't fake or take my keys, plus i keep more private info and have more security overall.

i mean, @splishsplash i know you are a guy that loves to show your face and do kyc everywhere and have little to no concept of privacy, but I think it should be a great start.

Anyway, guys, take it or leave it. Just my humble opinion.

Peace and love!

Let me help you.

XMR.

FatBee said:

Let me help you.

XMR.

Click to expand...

thats why i run xmr nodes. i accept all cryptos, then exchange for xmr.
though, nowadays, big alphabet agencies are running honeypots just for data mining so you never can trust wallets or even DEXs due to surveilance :/

To sync a node on BTC takes like a week and a few 100s of GB of blockchain data. I’ve given up on it lol.

BatFile said:

To sync a node on BTC takes like a week and a few 100s of GB of blockchain data. I’ve given up on it lol.

Click to expand...

i think its your internet speed bro
i synced mine in a few hours from scratch wihout prunning