Why You Should Run a Bitcoin Node with Specter?

Many people learn about Bitcoin by purchasing and keeping it on an exchange or broker platform.

The next step involves learning about self-custody, which includes moving Bitcoin to a wallet where you control the private keys. This could be a phone wallet for small amounts or a hardware signing device, also known as a ‘hardware wallet.’ Learning how to use Bitcoin with your own Bitcoin node is essential.

You can operate a Bitcoin node on a single-board computer (SBC) such as a Raspberry Pi or RockPro64. These tiny devices use less power and can be on all the time. Although this setup will cost roughly $400 more than other methods, the benefit is that your device will always be on, staying in sync with the Bitcoin network. You will also enjoy viewing your transactions in your mempool explorer, using Lightning, conjoin, and privacy features, and running self-sovereign Bitcoin payment processing.

Specter Desktop is software that you can install on your laptop or desktop computer. For added convenience, it comes bundled with Bitcoin Core.

Wait until your computer has completed the initial sync to enable the in-built Bitcoin Core installation. The time taken for this will depend on your download speed and your computer’s processing power. The blockchain adds a new block approximately every 10…