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Topic: Help the bitcoin network by being a node. - page 5. (Read 20991 times)

legendary
Activity: 1498
Merit: 1000
December 17, 2013, 04:26:19 PM
#82
Running a node with altruistic motives is not sustainable. At some point nodes are going to need some kind of reward to keep it up 24/7. Possible ways? maybe fees payed to node owners by users and miners, or modifying the code to be able to mine by the node with the cpu hashpower.

That is why more companies should be running full nodes. Even thou I use bitcoinj to do all the processing of transactions, I still run a full node. It is like a border router, my bitcoinj client connects only to that node and I know it is safe. I actually incorporate it into my budget. These companies that use bitpay/coinbase like wordpress and namecheap have the technical power to run a full node but choose not too cause they want dollars and full on bitcoins. But that part is so easy to script I don't know why they require bitpay or coinbase.
legendary
Activity: 2912
Merit: 1060
December 19, 2013, 04:11:16 AM
#82
Why do you care if blockchain follows you?
full member
Activity: 218
Merit: 101
December 18, 2013, 01:38:12 PM
#81
Hi guys, as a bitcoiner (for at least 2 years now) I have really never contributed to bitcoin, besides buying some and holding.

So last week I rented a cheap cloud server and installed bitcoind, to help bitcoin network stay stable and strong, and it feels really good.

It costs only 5$ a month and has 20gb SSD (faster than HDD) so the blockchain fits pretty well. Been running for a week and hasn't crashed. (running on ubuntu 12.04 x32)


(located in amsterdam)


(bandwidth going out peaks)


(cpu in the last 24h)

Tutorial on how to install bitcoind ubuntu 12.04:

Code:
//installing bitcoind on ubuntu 12.04, run this commands on putty

sudo aptitude install python-software-properties

sudo add-apt-repository ppa:bitcoin/bitcoin

sudo aptitude update

sudo aptitude install bitcoind

mkdir ~/.bitcoin/

Next STEP: Configure Bitcoind

Edit an empty ~/.bitcoin/bitcoin.conf file in the .bitcoin folder:
nano ~/.bitcoin/bitcoin.conf

Insert the following code in it:
server=1
daemon=1
rpcuser=INVENT_A_UNIQUE_USERNAME
rpcpassword=INVENT_A_UNIQUE_PASSWORD

press Ctrl+O to save and Ctrl+E (to exit I think)

Then, to start bitcoind write:

bitcoind

It will output “Bitcoin server starting”

The blockchain now will begin to download, to view the status of the download write:

bitcoind getinfo


More commands here

+++++++++++++++++++

It costs only 5 bucks and you are helping the network grow stronger.

website: https://www.digitalocean.com








How do you get blockchain.info to accept your node? Or is it automatic?
full member
Activity: 136
Merit: 120
December 18, 2013, 09:50:58 AM
#80
Doesn't it use upnp?
Yes, it does and is turned on by default in Bitcoin-Qt.  But uPnP has to be enabled by the router.  There is also a problem if more than one computer connected to the router wants to run a full-node, although that could be handled by changing the default port assignment.
legendary
Activity: 2912
Merit: 1060
December 17, 2013, 10:33:29 PM
#79
Doesn't it use upnp?
legendary
Activity: 1764
Merit: 1002
December 17, 2013, 06:43:09 PM
#78
but by having bitcoin-qt on your computer you're a node as well right?

only if you open port 8333 and establish >8 connections.

how do i open port 8333, i connect to internet via wireless and cannot directly connect via ethernet as it is my landlords wireless network... help please,

your landlord is unlikely to give you the password to his router so you probably won't be able to run a full node off your computer.

this is another reason some of us are choosing to use vps.
sr. member
Activity: 244
Merit: 250
December 17, 2013, 05:05:27 PM
#77
but by having bitcoin-qt on your computer you're a node as well right?

only if you open port 8333 and establish >8 connections.

how do i open port 8333, i connect to internet via wireless and cannot directly connect via ethernet as it is my landlords wireless network... help please,
full member
Activity: 168
Merit: 100
December 17, 2013, 03:01:03 PM
#76
I don't understand why all these problems, vps, mac etc.

Just get a pc, install bitcoin-qt, make sure the port 8333 is open in your router, check if you have more than 8 connections in bitcoin-qt and that's all. You are a full node. Why a vps for that? Do you want a dedicated machine? Just buy a cheap netbook/notebook/whatelse as long as it is cheap

Some reasons I use VPS:
I have limited bandwidth
I don't want to use my regular PC's resources as a bitcoin node when I'm using it for work
It's really cheap
I shut down my PC at night
I want to contribute something to the bitcoin network
legendary
Activity: 1795
Merit: 1208
This is not OK.
December 17, 2013, 02:18:37 PM
#75
If you are maintaining wallets, this is the most secure way of running a node. A cloud or any type of hosting without locking facilities is risky.

Running a node with altruistic motives is not sustainable. At some point nodes are going to need some kind of reward to keep it up 24/7. Possible ways? maybe fees payed to node owners by users and miners, or modifying the code to be able to mine by the node with the cpu hashpower.

You mean like:
> bitcoind setgenerate 1



I'm a node for 18 or so hours a day Smiley
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
December 17, 2013, 02:12:55 PM
#74
Thank you for running a node! I have a piece of crap Linux box at home that basically only runs a bitcoin node and TOR. It's not very exciting to look at, but I feel good contributing directly to these networks.

If you are maintaining wallets, this is the most secure way of running a node. A cloud or any type of hosting without locking facilities is risky.

Running a node with altruistic motives is not sustainable. At some point nodes are going to need some kind of reward to keep it up 24/7. Possible ways? maybe fees payed to node owners by users and miners, or modifying the code to be able to mine by the node with the cpu hashpower.

Solo with a CPU and Bitcoin-Qt was the way all of us used to mine. lol
member
Activity: 70
Merit: 10
December 17, 2013, 02:07:47 PM
#73
Good effort. I would suggest adding docker or packer, so that the tools are pre-build. I've build a docker bitcoind image (see projects section), which can be run in most cloud providers now.
legendary
Activity: 1764
Merit: 1002
December 17, 2013, 01:43:08 PM
#72
but by having bitcoin-qt on your computer you're a node as well right?

only if you open port 8333 and establish >8 connections.
legendary
Activity: 1974
Merit: 1029
December 17, 2013, 01:38:54 PM
#71
Running a node with altruistic motives is not sustainable. At some point nodes are going to need some kind of reward to keep it up 24/7.

I agree with this although I'd like to point out that some people will still regard the network as something important enough to spend some amount of money each month to support it, even when "some" is in the three digits.
newbie
Activity: 48
Merit: 0
December 17, 2013, 11:34:10 AM
#70
Thank you for running a node! I have a piece of crap Linux box at home that basically only runs a bitcoin node and TOR. It's not very exciting to look at, but I feel good contributing directly to these networks.

If you are maintaining wallets, this is the most secure way of running a node. A cloud or any type of hosting without locking facilities is risky.

Running a node with altruistic motives is not sustainable. At some point nodes are going to need some kind of reward to keep it up 24/7. Possible ways? maybe fees payed to node owners by users and miners, or modifying the code to be able to mine by the node with the cpu hashpower.
hero member
Activity: 576
Merit: 500
December 17, 2013, 11:32:09 AM
#69
Why a vps for that?

Faster internet connection, plus I use the VPS for other things. My ISP's upload speeds are pretty limited on my home network, so browsing stuff at work is a lot faster when I SSH tunnel into VPS instead of home network. I figured since I already have a VPS, I might as well throw a full bitcoin node on it Smiley
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
December 17, 2013, 11:04:30 AM
#68
I don't understand why all these problems, vps, mac etc.

Just get a pc, install bitcoin-qt, make sure the port 8333 is open in your router, check if you have more than 8 connections in bitcoin-qt and that's all. You are a full node. Why a vps for that? Do you want a dedicated machine? Just buy a cheap netbook/notebook/whatelse as long as it is cheap
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
December 17, 2013, 11:02:10 AM
#67
but by having bitcoin-qt on your computer you're a node as well right?
Yes
newbie
Activity: 45
Merit: 0
December 17, 2013, 10:29:19 AM
#66
but by having bitcoin-qt on your computer you're a node as well right?
legendary
Activity: 1162
Merit: 1007
December 17, 2013, 01:51:55 AM
#65
We don't really need more nodes, maybe ONLY IN third world countries acting like a cdn
Don't waste your money

this isn't true.

don't make me go find the link from Gavin and the other devs about this.  as the pools get larger and more centralized, these individual nodes help counter balance this.  there have been many graphs posted showing the #full nodes dropping over time as a result of this effect.

Bought my mac mini today (to become a dedicated 24/7 bitcoin node).  Hopefully I'll have it set-up and running tomorrow.   
legendary
Activity: 2912
Merit: 1060
December 17, 2013, 01:47:35 AM
#64
ok so let me get this str8 /// if i just keep the wallet open on my computer, will it function as a node or please step by step if this is not the caseee

If you keep your wallet on your computer open you are 'Leeching' not "Seeding". Meaning that your Port 8333 is most likely not open for other nodes to see and seed from... Might not be a good idea to open up your client you have coins in:

You can follow a well done script to get a Seeding node up and running on a VPS if you have one or care to get one - they are reasonable priced.

here is a one-liner setup script!

http://www.reddit.com/r/Bitcoin/comments/1se3zd/how_to_create_a_full_bitcoin_node_in_a_5_ubuntu/

it runs in root, uses the Ubuntu PPA, opens up 8333, sets a firewall, and sets ssh port to default 22.

to upgrade bitcoind from time to time, run sudo apt-get update then sudo apt-get upgrade.  make sure the new version is posted to the PPA first though by Matt Corrallo.

Then follow what Gweedo states for "NOHUP" to have your bitcoind autostart on reboots and when you close out of SSH.


OK PLEASE NOOB STEP BY STEP PLEASE. also is this possible:

having my laptop open 24/7 using the wifi at my house functioning as a node without paying for VPN
i want to do this but someone has to make this lamen for me!

Just open bitcoinqt
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