Decided to stick with own full node
Topic: Do darkmarkets use node? RPC API question (Read 124 times)
Nice thanks
Decided to stick with own full node
Decided to stick with own full node
- Internet costs will be substantially reduced.
Don't really agree with your opinion that internet costs will be substantially reduced because most ISPs have monopolies in areas that they managed so why should they care about making most regions have faster internet?
I mean we already have fiber technology that can give computers 1Gbps internet but do you see this sold to the average person? Once upon a time people were buying dial-up 56kbps internet, today theyre probably buying 1-4 Mbps internet at that same price. It's an increase but not an exponential one if you look at it carefully.
Hello guys,
I was just thinking about controlling BTC transactions on own server/website (deposits/withdrawals + generating addresses etc)
I was just thinking about controlling BTC transactions on own server/website (deposits/withdrawals + generating addresses etc)
You can use a library like bitcoinjs or bitwasp(PHP) to generate seeds, private keys, addresses and create a system manager. So users have to deposit to an address, then a simple sync server will check for deposits using online APIs (free or paid). For withdrawals, you will create a raw transaction and broadcast it through the same way (online APIs). With this way, you don’t reveal private keys, and you may use proxies to connect with these APIs to hide your actual server IP.
It is true they use XMR (in pair with BTC)
But still they must have some space somewhere, which cost something and so they can be traced by it, right?
Hmm maybe it is better to have own solution because it would not be good to trust anybody else with customers transactions.
Right now I am using contabo but it is very slow sometimes (maybe should get dedicated)
And I had raspberry with 2TB SSD and umbrel installed but it is not good solution for such a web service I have.
But still they must have some space somewhere, which cost something and so they can be traced by it, right?
Hmm maybe it is better to have own solution because it would not be good to trust anybody else with customers transactions.
Right now I am using contabo but it is very slow sometimes (maybe should get dedicated)
And I had raspberry with 2TB SSD and umbrel installed but it is not good solution for such a web service I have.
Space will not be a problem to run bitcoin nodes as follows:
The problem will be that most of those who run dark activities or darkmarkets will use privacy currencies such as Monero & Grin not Bitcoin.
- The price of 1 GB of storage dropped like a rock I remember 30 GB HDD was cost a round $130, today you can 5 TB for around $100.
- Bitcoin will take more than that to reach 5 TB
- Internet costs will be substantially reduced.
The problem will be that most of those who run dark activities or darkmarkets will use privacy currencies such as Monero & Grin not Bitcoin.
Starting with most DMN use XMR now.
Most business either do their own hosting or use payment gateways / processors to do it.
If you take a look here: https://bitcointalksearch.org/topic/nodes-in-a-box-5364113 or here: https://bitcointalksearch.org/topic/guide-how-to-run-a-bitcoin-core-full-node-for-under-50-bucks-5364742 you can get your own node with your own BTCPay server running for not that much money. The upside is that it's yours. The downside is that it's yours an you have to take responsibility for it and know what you are doing. A 1TB drive for the blockchain and LN if you want to use it will last you a long time. A 2TB drive will probably die of age before you fill it.
As for the generating of the invoices and everything else there is a lot of code out there for integration into storefronts and such. You can use that as a base or write your own, depending on how you want tot do it.
-Dave
Most business either do their own hosting or use payment gateways / processors to do it.
If you take a look here: https://bitcointalksearch.org/topic/nodes-in-a-box-5364113 or here: https://bitcointalksearch.org/topic/guide-how-to-run-a-bitcoin-core-full-node-for-under-50-bucks-5364742 you can get your own node with your own BTCPay server running for not that much money. The upside is that it's yours. The downside is that it's yours an you have to take responsibility for it and know what you are doing. A 1TB drive for the blockchain and LN if you want to use it will last you a long time. A 2TB drive will probably die of age before you fill it.
As for the generating of the invoices and everything else there is a lot of code out there for integration into storefronts and such. You can use that as a base or write your own, depending on how you want tot do it.
-Dave
what if there will be time in future where blockchain will have for ex. 100TB, there is no chance to have it on my own.
At the current rate, it will take 800 years to reach 100 TB. I expect storage costs to keep dropping faster (at exponential rate) than the Bitcoin blockchain grows (at linear rate). 
Hello guys,
I was just thinking about controlling BTC transactions on own server/website (deposits/withdrawals + generating addresses etc)
I know best (and only one I know) way is to have own node RPC API, but what if there will be time in future where blockchain will have for ex. 100TB, there is no chance to have it on my own.
So my question is:
Is there a way to replace RPC API with something lightweight to make all types of transactions and things that comes with RPC API?
Because VPS servers are causing problems (500 internal server) and are slow and dedicated server is very expensive.
So I would be happy to find some solution...
When I was thinking about this problematic one thing popped up in my head- how darkmarket works in this point of view?
Do they also have nodes or they found a way to manage transactions, generating addresses, managing escrows etc?
Disclaimer: I am not involved in any darkmarket or illegal activity you would help me with if you will give me advice.
Disclaimer n2: You think: Oh yeah that is what darkmarket owner would have said... But trust me I need it for my own business
Thank you
I was just thinking about controlling BTC transactions on own server/website (deposits/withdrawals + generating addresses etc)
I know best (and only one I know) way is to have own node RPC API, but what if there will be time in future where blockchain will have for ex. 100TB, there is no chance to have it on my own.
So my question is:
Is there a way to replace RPC API with something lightweight to make all types of transactions and things that comes with RPC API?
Because VPS servers are causing problems (500 internal server) and are slow and dedicated server is very expensive.
So I would be happy to find some solution...
When I was thinking about this problematic one thing popped up in my head- how darkmarket works in this point of view?
Do they also have nodes or they found a way to manage transactions, generating addresses, managing escrows etc?
Disclaimer: I am not involved in any darkmarket or illegal activity you would help me with if you will give me advice.
Disclaimer n2: You think: Oh yeah that is what darkmarket owner would have said... But trust me I need it for my own business
Thank you
Jump to: