Topic: Should I Run a Node? - page 2. (Read 324 times)

You're not requesting everything. You'll be asking for the entire blockchain and thereby validating it yourself and thus not having to trust anyone; SPV clients trusts their peers are feeding them accurate information. It is unlikely that it would be an attack vector for OP though, I don't think SPV clients are inherently unsafe or anything to that degree. Having a full node is definitely not only for privacy but also for your own security as well.

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Did you import the PGP key of ThomasV? Did you download the correct signature file?

Yes, that is correct.
The only benefit of running a full node is for privacy reasons.

As you are not requesting to other nodes the balance of your addresses, nobody can link those addresses together by your requests only.

your privacy would be safer as you are requesting the balance of all addresses.


The first thing you need to do is to create a new wallet in Ledger Nano  and send your coins to the addresses in your new created  ledger nano wallet.
Can't you just import your BIP 39 Seed with all your 30 inputs into electrum?
As you have a mix of all 3 formats, you will need to create 3 electrm wallets, with different derivation paths, for all 3 formats:

m/44'/0'/0'/0 for P2PKH (Legacy, starting with 1)
m/49'/0'/0'/0 for P2SH (segwit starting with 3)
m/84'/0'/0'/0 for Bech32 (native segwit, bc1)

Electrum should be enough and the fast way... Since you are using SegWit address I think this is the best option.

The problem with core is the time that will take you to sync the node. 300Gb of happiness takes more than 1 week to sync, so, if you don't want to wait that long better go with Electrum.

You can download the software from the main site: https://electrum.org/#download

Just import the private keys and make the transaction.

I think you don't need to run a full node just to transfer them to your ledger nano.
Electrum is enough to transfer and sweep them in your Ledger nano but your problem is you can't able to verify the signature?

If the gpgsuite doesn't work in Mojave you can try other software to verify the signature.

Try this GnuPG

- https://bitcointalksearch.org/topic/m.49695453

Hi everyone,

So, dumb question, of course I should if I can...

However, this is being considered because I need to make a large transaction as safely as possible.

I have a p2sh SegWit BTC paper wallet and need to move it all in one transaction to a Ledger hardware wallet.  I need to get it off paper and into a proper, secure BIP39 wallet.  This is over 30 inputs and a mix of all 3 formats (Legacy, SegWit and Native SegWit) with a total raw data size of well over 30,000 bytes.  This is also a life-changing amount of BTC.

Unfortunately I'm learning the not-so-positive details of all this later rather than sooner.

Is setting-up a node on a solid computer and importing the private key into a Core wallet be an ideal, dependable and safe way to eventually move these funds in one shot?  Would this be the best possible option for such a transaction?  I don't care about massive transaction fees.  Is this idea unsound for some reason given the details of the existing paper wallet?

People have suggested importing it into Electrum or just sweeping it with Mycelium but I need to get responsible and do the optimum thing for a change.  I can't get my copy of Electrum 4.1.2 to validate in GPG suite on my Macbook Pro running Mojave, when I try my Finder window just flashes once.  No doubt I'm doing something wrong but it immediately concerns me.

So, would setting-up a Core node be the best way to ensure the funds in this wallet get safely transferred to my Ledger?

Thanks to all for reading and any comments!

All the best