How to build a Bitcoin Lightning node for just $150

Do you want money YOU can send instantaneously to anyone, anywhere in the world? Here’s how you can do so.

Tim Copeland at Decrypt.co has a great article describing how an amateur like me can build and operate a Bitcoin Lightning node for not much money. I had been running a regular Bitcoin node on one of my home computers but was looking to operating a Lightning node version. I looked at the Casa Node but it was like $300 a year so that was a non-starter. This article came out in late December and I followed instructions to build one in January. I bought the parts on Amazon and carefully followed instructions and got this up and running in no time with hardly any problem at all. Probably the hardest thing is figuring out how to open the correct port on my router. So it sits on my desktop running day and night processing BTC transactions like a boss.

Read Tim’s article here for complete instructions on putting together your Bitcoin Lightning node and helping keep it decentralized.

Practice Crypto Trading

Did you know that you can practice trading cryptocurrencies without owning any or even having an exchange account? This is possible with these 4 trading apps that let you practice with paper money (virtual money). Welcome to the world of crypto trading! Trading crypto is nothing more than just another skill that you can master … Read more

The Fundamentals of Blockchain, Bitcoin & Crypto

In this course, you will learn what you need to know about getting started with cryptocurrencies. This step-by-step online video course is aimed at the absolute beginner in Bitcoin & Cryptocurrency. Cryptocurrency is the future and this course can help you navigate the world of Cryptocurrency so you can get started down the road to financial freedom. To really understand what is special about Bitcoin, you have to first understand how it works at a technical level. After this course, you’ll know everything you need to know to be able to separate fact from fiction when reading claims about Bitcoin and other cryptocurrencies.

Find out how…

Bitcoin Addresses and How to Use them

In the pursuit of better technology, things get a little messy along the way. While the way Bitcoin addresses are formatted has changed quite a lot, it really isn’t something the average person needs to care about. Bitcoin has used different standards over the years leaving a few standards in use at the same time, making the complex string of character even more intimidating than it needs to be.

Read the entire article at the Trezor Blog

The 10 Commandments of Crypto

Thou shalt hold thine own keys Thou shalt protect thine own keys Thou shalt do thine own research Thou shalt not dwell on the tweets of Elon Thou shalt always send a small test transaction before thine big transaction Thou shalt not trade on Robinhood Thou shalt not pump, nor shall thou dump Thou shalt … Read more

How to save your crypto currency seeds with metal Hardware Plates

We use the ColdTi.com Titanium plate for our crypto seed storage. Instead of buying and using a punch set, we purchased a Dremel Electric Engraver model 290-01 120-Volt model. It’s much easier and you will always have other things you can engrave. Also, instead of etching our seed words onto the plate, for extra security we use the corresponding number from the BIP39 word list. Which you can find at Github: BIP39 Wordlist in different languages or one from kryptodots that is easier to print.

Why you should use a metal plate wallet to store your recovery seed phrase:

1. Offline: safe from hardware failure, no third-party trust required, safe from online hackers
2. Rugged and Durable: fireproof, waterproof, rust and corrosion resistant (for stainless steel and titanium plates)
3. Transferable: can be given to your loved ones or heirs, your coins are always recoverable with the seed key

We bought the titanium plate and engraver from Amazon for around $35.

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