Tuesday 26 December 2017

As we get ready to greet in the new year, let's work to continue decentralizing the Bitcoin network. We are at 11.8K nodes, let's push it to 20K!

It is up to us to make sure that Bitcoin is as censorship resistant as possible. As we greet in the new year, the attacks on our network will get stronger and stronger and we must be ready for them. In a decentralized system, it is up to all participants to ensure its security.

I encourage everyone to consider operating a node in their homes, if you can, of course. This helps decentralize Bitcoin by replicating it to as many places on Earth. Your computer will also participate and help in the verifying of incoming transactions and newly signed blocks along with the replication/archiving of the blockchain history.

Requirements: 2 GB of RAM 160 GB of disk space Basic knowledge of networking (port forwarding)

Steps:

  1. Please head over to the following link and download Bitcoin Core: http://bit.ly/2BUGRvl

  2. Install Bitcoin Core and let it sync, this will take between 12h and a few days.

  3. Next, head over to your home router and make sure you port forward TCP/8333 to the machine running Bitcoin Core. This step is important as it allows incoming connections. (Also consider setting up your home computer with a static IP instead of DHCP)

  4. (Recommended) Verify the Bitcoin Core installer SHA256 checksums. http://bit.ly/2zxRbTZ

  5. You can verify if your node is reachable by testing with: http://bit.ly/2BUNqhu


I will make myself available to answer all questions and help people through this process. Merry Christmas everyone!



Submitted December 26, 2017 at 05:16AM by LudvigBitcoinArt http://bit.ly/2zz1qqZ

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