top | item 46089278

(no title)

abecedarius | 3 months ago

> running your own node, as most people do.

Huh, surprising -- it's very different from most people using most software. (Of course HN is not most people.)

I tried to fill myself in by asking Claude Opus neutrally "do most users of Monero run their own node?" and was told it couldn't find good data, it's community-promoted behavior, but there were multiple reasons for skepticism.

I have no idea, I'm just noting my surprise.

discuss

order

shmel|3 months ago

It's literally in their FAQ: https://www.getmonero.org/get-started/faq/

Anyone curious about how Monero is implemented would immediately understand why it's a bad idea to use remote nodes.

>What is the difference between a lightweight and a normal wallet?

>For a lightweight wallet, you give your view key to a node, who scans the blockchain and looks for incoming transactions to your account on your behalf. This node will know when you receive money, but it will not know how much you receive, who you received it from, or who you are sending money to. Depending on your wallet software, you may be able to use a node you control to avoid privacy leaks. For more privacy, use a normal wallet, which can be used with your own node.

nunobrito|3 months ago

Most people don't know nor use Monero at all.

Most monero users are on the desktop where the common practice is to download and run their own nodes and/or use monero from Android on apps like CakeWallet, where their node is used and assumed as trustworthy.

To give background info: most users are on desktops because monero mining happens using CPU and instead of GPU, so they install the wallet which comes with a miner included and installs the node as well. They basically make some little income every single day and accumulate that profit.

The other miners like GuPax also install a node on the local computer as well, so a large majority of users simply runs nodes locally because they don't want to send their hashes to remote nodes which might fool them.

abecedarius|3 months ago

Thanks for explaining. I'm still confused: CakeWallet (and similar) were a reason to doubt the original claim. Are these "popular" wallets rarely used, or are you considering the nodes that they trust as equivalent to your own node?

krior|3 months ago

I don't know what asking AI adds to the discussion.

ianbutler|3 months ago

Well reading comprehension tells us they were surprised that most monero folks run their own nodes and that they were unable to find supporting information.

Your comment however does actually add nothing.