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Setting up a bitcoin full node on HTC EXODUS
Things to know about full node
Data usage
Syncing a full node for the first time requires downloading the entire history of the bitcoin blockchain. Once the node is synced, it may upload and download dozens of gigabytes each month. Due to this high data usage, it is strongly recommended you run your node over Wi-Fi only, or make sure you have an unlimited, unthrottled mobile data connection.
Storage requirements
Running a full node requires more than 280 GB of storage space on a large microSD card. The card will also need to accommodate future growth of the blockchain, which can be as high as 4 GB per month.
Power requirements
Full nodes do not require much processing power, but they send and receive lots of data which may drain your battery more quickly. You can pause your node when running on battery to help extend your battery life.
About bitcoin full nodes
Why would I want a full node?
Contribute to the security of the bitcoin network
Part of the security of bitcoin comes from the distributed ledger: shared copies of bitcoin transaction history make it much harder for any one user to change transaction histories and balances. Having many independent nodes constantly validating the entire history of the blockchain makes it very difficult to hijack.
Help maintain the independence of bitcoin
Independently operated nodes help offset the influence large entities—like mining pools or financial institutions—which could make changes to the bitcoin infrastructure without user input. Maintaining your own node gives you a voice and a way to contribute to the future of the bitcoin network.
Validate your own transactions
You can validate your own bitcoin transactions without relying exclusively on third parties or servers.
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