zender ⬛🟨 bitcoinomad Profile picture
Aug 26, 2019 10 tweets 10 min read Read on X
I would like to offer a short review of a full node bundle created by @mynodebtc . I find it very user friendly to install on a Raspberry Pi 4 and includes Lightning Network, Electrum Server, an Explorer, VPN and others. Here are the steps I took:
Starting from mynodebtc.com/download I downloaded the image for RP4 and flashed to SD card. Put the SD card in the RP4 and attached a 1TB external HDD. Booted the RP and went to my computer and accessed the router (usually 192.168.0.1) to see the node local IP.
Accessing the local ip from browser I saw that the node immediately recognized the external HDD and started to download the blockchain data. Didn't have to do anything else just wait. The sync took about 27 hours in total. After finishing it prompted me to this screen:
From here my first desire was to check Electrum Server. The creator says it's using electrs server which I understand is very efficient. Indexing the blockchain took another 24 hours. But this enabled the Bitcoin Explorer and enabled me to connect my Electrum Wallet to the node.
In order to start Electrum Wallet and connect only to the mynode I used this command:
electrum --oneserver --server 192.168.0.102:50002:s
You can replace the ip with your node local ip.
Now Electrum does not connect to any external servers and can be used privately.
Next off I started LND where I could create a new wallet or use an old wallet, and got access to different apps created by awesome Lightning devs!
I'd like to finish off by saying I also like the monetization aspect of this node: It offers a free version for the community and a paid version where you get updates and vpn and other things. I think this is a better strategy for other full nodes bundles.
I also must mention I do not know the developer, I am in no way affiliated to him, I just tested out this full node bundle and liked it a lot. It's very user friendly and open-source. I'd like other people to have a look at his work as well.
@nodl_it @BrianLockhart @CasaHODL @francispouliot_ @LukeDashjr @matt_odell @stephanlivera @Stadicus3000 @rootzoll @giacomozucco @NicolasDorier @seth586 @PeterMcCormack @HillebrandMax PS: In order to connect to the node with Electrum on Windows, right-click the electrum icon and add the same text at the end of the application path:
--oneserver --server 192.168.0.102:50002:s

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More from @zndtoshi

Aug 28, 2023
Under BIP300 rules 26% of miners can lock coins in a drivechain indefinetely.
Imagine USA gov mandating Foundry to never release coins from a privacy drivecahin.
Miners have the option to use 'alarm' which is a vote that downvotes all proposals. Thus even if 74% vote in favor....
...the proposal still does not go through because it can never reach 51% in favor.
If there are miners that abstain from voting, then there's even a lower percentage needed to lock indefinetely the coins.
Drivechain people should understand the risks.
Bip300 introduces voting, a democracy pillar, that may come with States trying to influence sidechains security. Voting should not be part of Bitcoin security assumptions.
Read 4 tweets
May 2, 2023
Bitcoin is feudalism.
Bitcoin can not scale on first layer. All second layers come with compromises. But on first layer you can not onboard all the population on Earth. It's just a fact. At one point fees will be so high that only high valued transactions will confirm onchain
1/n
Big blockers opted for the socialist route of offering first layer access to everyone but that would have the cost of loss of decentralization. If Bitcoin tried that only once it would be a hard fork that would be politicized into future hard forks for more block increases.
2/n
Thus Bitcoin will never get another block increase. It is what it is. The most decentralized network. And in order to participate only a small part of the population will have access to transact on chain, the wealthy of the world (be it individuals, banks or institutions).
3/n
Read 7 tweets
Nov 22, 2021
Had a blast in El Salvador but there were also things I didn't expect or like!
Short thread 👇
The big chains in the capital do accept Bitcoin but most of the small shops do not. Except El zonte all other small towns have almost no BTC acceptance. I asked people why not and 90% of the time they said they don't understand it.
Another question I asked everyone was "what's the maximum supply of Bitcoin?" but nobody knew to answer this question. I was expecting that adopting btc as legal tender would come with some education from @nayibbukele.
Read 10 tweets
Jul 20, 2021
@SantiagoAuFund listened to your talk with Robert and you got me thinking. What if whenever someone says the word "money" he's using a wrong term? What if there is no such thing as "money" that's both MoE and SoV. What if these two are completeley different?
1/2
What if the State has monopoly only on MoEMoney and doesn't care that much about SoVMoney?
What if the freemarket always had the freedom to chose whichever SoV it wanted?
What if Bitcoin doesn't compete against the dollar, but rather the other SoVs (gold,real estate, stocks).
2/3
If these were true, we can see how the State could go after stable coins (they compete with the MoE), but leave Bitcoin alone (as the State doesn't care about SoVs).
What if State monopoly on MoE (currency) will exist forever because, like you said, there will always be.. 3/4
Read 5 tweets
Jul 7, 2021
When you run your own full node besides validating your coins you can also ssh into it and query for some information about the network or specific data in the blockchain. Here are some of the ones I use from time to time.
Consider adding your favorites too to this thread:
bitcoin-cli getblockchaininfo

Shows information about your node, mining data or how many peer you're connected to. Also there's info regarding the taproot softfork status.
bitcoin-cli getblockcount

Quickly verify blockchain tip (last block).
Read 7 tweets
Jul 1, 2021
This is a short tutorial how to get Bitcoin Core working on the new RockChip RK3566, a small SBC that has an M2 socket directly on it. The board itself is also more slim and would make for a great full node for travelers. Image
First I will add some pictures of the board. The CPU is on the opposite side of the M2 slot. I added a small heatsink to it even though it doesn't seem to get hot at all even while Core is syncing. ImageImage
The M2 ssd has to be a 2242 size (the smallest ssd there is). You will need to purchase separetely ssd spacer and screw for a motherboard. Here is the one I am running:
sabrent.com/product/SB-134… Image
Read 11 tweets

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