GHOST on Nostr: Depends on what you’re doing with bitcoin. Hodl bitcoin onchain and want to confirm ...
Depends on what you’re doing with bitcoin.
Hodl bitcoin onchain and want to confirm your own transactions? Believe in the network and decentralization? Run a bitcoin node. Super easy and the only real investment is a decent sized SSD.
Use lightning a lot for large amounts? Want maximum control and privacy of your lightning wallet? Then try a lightning node. More options and a little more complicated than a regular node to setup but not extremely complicated. The difficulty comes from managing channel liquidity constantly, not something that you can just set and forget. Also tend to spend a lot in fees opening and closing channels so may cost more than it’s worth to run.
Published at
2024-08-06 16:00:27Event JSON
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"content": "Depends on what you’re doing with bitcoin. \n\nHodl bitcoin onchain and want to confirm your own transactions? Believe in the network and decentralization? Run a bitcoin node. Super easy and the only real investment is a decent sized SSD. \n\nUse lightning a lot for large amounts? Want maximum control and privacy of your lightning wallet? Then try a lightning node. More options and a little more complicated than a regular node to setup but not extremely complicated. The difficulty comes from managing channel liquidity constantly, not something that you can just set and forget. Also tend to spend a lot in fees opening and closing channels so may cost more than it’s worth to run.",
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