What are the exact benefits of running nodes for the network? I have several spare servers I would run 5 of them. I do run 1 already. If that matters I could run many of them via Docker
Monero
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Risk? I dont think its dangerous to run a monero node. It just requires more gigabytes than I have.
Communists always proclaim ridiculous dictates in hopes sheep will just comply because they know enforcement is impossible.
I'm gonna start a monero node once if I have enough time and resources. I don't think that's illegal or anything.
Even if it was you should still run one, because it is the right thing to do.
What are the risks of running a monero node?
Advantages:
- More decentralization: more resistant to censorship, that 51% thing; more community-based, possible “warm and fuzzy” feelings; for the network, more nodes = more anonymity
- You don’t need to trust (rely on) ~~local~~ [Edit: I mean remote] nodes to use XMR; for you, more privacy in a way & more safety
- If desired, p2pool to earn a bit
Disadvantages:
- A lot of (read-)write access; potentially shortening SSD lifespan
- Maybe electric bill - if you think about this only economically
- Others including your local ISP may know that you’re running a node; in a way less privacy/anonymity for you - in theory this shouldn’t be a problem if you live in a “free” country (you’re doing nothing illegal) - in some other countries like China, you might have to be astute to run a node
Running just a node itself wouldnt take much electricity. Now mining... Different story
Right. If your computer is powered on anyway, running a node itself is not a big deal as far as electricity is concerned.
@[email protected] When someone is posting a link to Twitter (X), it’ll be nice if they copy-paste the tweet itself too, so that everyone can safely read it.
yes we should have a nitter bot, like the piped bot.
here it is a pleasure to strip the data out of the API for you: https://nitter.net/sethforprivacy/status/1715370818195140720
Thanks :) It’s great that nitter.net stopped blocking Tor again! I happened to notice that a while ago too, via c/monerochan https://monero.town/post/901193 - ideally privacy advocates should stop using Twitter itself though…
The most centralized part of the Monero network may be mining (i.e. potential weakness, as a centralized pool is an easy target for “them” to shut down), without which the network wouldn’t work. Ideally, if possible, users may want to consider running p2pool too, not just a full node. Like monerod, p2pool can be a background task, not using full cores, so one can still use their computer like normally, even if it’s not a dedicated box for mining.