Topic: Finally setting up a full node - page 2. (Read 657 times)

Iam running my own full node now since 4 years on a little banana pi (similiar to a Raspberry Pi 2) that consums ~8 watts
There is no need for using a high-end computer but for the first sync of the blockchain I would recommend to do so
With a 1 TB HDD you should be fine for a few years...
Here is our topic about the project (sorry in german) https://bitcointalksearch.org/topic/banana-node-unterstutze-das-netzwerk-973628

I hope this inspires you to run your own node.

Take the first step. Here :-)

Cheers :-)

That's nice of you. I was also planning the same and have already purchased an external disk but these days so much busy that I can't start it yet.
I have reacently read some artciles on it. I want to link some of these articles here, these may assist you.

https://99bitcoins.com/step-by-step-guide-firing-up-bitcoin-node/
https://www.deepdotweb.com/2017/05/05/tutorial-start-full-bitcoin-node-windows/

Did you install the Bitcoin core just today? Just suggestion.
If you want to speed up the process of synchronizing you can download the blockchain.
There is an updated thread where you can download the whole blockchain check it from here https://bitcointalk.org/index.php?topic=1310261.160

Or if you have a friend with the full node you can copy the whole directory including the blockchain to transfer it into your own PC.

= I am downloading it to an external device which size is over 1Terabyte. Once the synchronization will be done then can I just remove it from the current machine and connect it with any other machine. Install the core in the 2nd machine and show the folder path of the external device. Will this work?

#1 I see backup wallet feature but I do not see any restore option.

Since there are no restore option then how do we do that?
Is this a correct way:
Imagine I have a wallet.dat file from Electrum. Do I just copy and past it in the main directory and replace the current .DAT file?

#2 In Electrum we can create as many wallet as we can using the 12 word seeds and extended seeds.
In Bitcoin core a full node is one wallet?

#3 How can I create a multiSign wallet? I do not see any feature. I think a full node is only one wallet if the #2 is correct.

#4 Is there any easy way to "Send to many" option.
In Electrum we can just paste the addresses separating by comma with the amount in each line but here we do not have such feature. The one we have is click and fill the form which is not much user friendly. Is there any other way?

#5 If I use the encrypt wallet feature then this means the current wallet.dat file gets encrypted. How do I recover it? Follow #1 if my explanation is correct and in this case I will need the password phrase?

#6 If someone want to take the full node from me. I give them everything except the wallet.dat file? I mean which are the files I am okay to give them if they want to get the files from me to run their own full node?

#7 This full node is of-course helping the Bitcoin Network and I am happy with that. My question is that running this full node gives me any personal benefit?
I understand miners earn Bitcoin from the network by solving the algorithm and from transaction fees but for a full noder, is there any financial gain?