By running a node you become part of a global movement to decentralize control and power over a world of information.
If you're a holder, you can bring value to your ETH by supporting the decentralization of the network.
💥Decentralization
Cloud servers are powerful.
But they are a target for states or attackers who want to destroy the network.
The more people will run a node, in different parts of the world, the more the network will be strong.
🕵️Privacy & Security
With a PUBLIC node, personal information can be leaked and stolen.
By running your own node, you verify the transaction LOCALLY, improving security and privacy.
⛔Censorship Resistance
A 3rd-party node can refuse transactions from:
⛔specific IP address
⛔specific account
This can block that person.
✅Having your own node guarantees that you can make your transaction at any time.
📢Voice your choice
In case of a chain FORK, running your own node lets you choose which rules you support.
Staking ETH, running your own node allows you to
- choose your own client
- minimize the risk of slashing
- react to fluctuating network demands of the network
👑Sovereignty
By having the private key, a wallet allows you to take full custody & control of your digital assets
but those keys don't tell you the current state of the blockchain, such as your wallet balance.
Running your node lets you have your copy of the Blockchain.
🏁Conclusion
Running your own node can be expensive in terms of time and cost, but it has some advantages in terms of security and privacy.
You are also supporting decentralization.
Not for everyone, but it's important to know why you can do this.
100 days of Web3 Challenge
I am on a challenge to post Web3 related content every day, for 100 days. Day 66.
Here is the GitHub Repository with all the tweets day by day.
🧑🤝🧑Public
Apps built on the Mainnet are able to interoperate, similarly to how apps can cooperate on Internet, using the potential of decentralized blockchain.
🔒Private
Many businesses have deployed private, permissioned blockchains for specific apps based on Ethereum.