What is Bitcoin Core?

Bitcoin Core is the top software that lets users connect with the Bitcoin network. It’s not controlled by any one company or group; instead, it’s maintained and improved by a global community of developers. Originally launched by Satoshi Nakamoto as Bitcoin, it was later renamed Bitcoin Core to clear up any misunderstandings.

What does Bitcoin Core do?

When you run the BTC Core software, you’re basically becoming a node on the network. This lets you check the validity of the blocks and transactions that come your way all on your own. It keeps miners accountable and means you don’t have to rely on anyone else, like a wallet provider, to show you the right blockchain info. The software also includes a wallet feature, so you can use it right there in the app or connect other wallets to your node to verify transactions you receive.

Should I run Bitcoin Core?

If you’re someone who often uses Bitcoin, you might want to think about running your own node. It can really boost your privacy and security. Most software wallets out there don’t connect to your node and instead rely on third-party servers to check your balance.

This can be a bit sketchy since it lets those servers link your balance to your IP address. They can pretty much guess that you own the public addresses you’re checking.

Also, depending solely on a block explorer isn’t the best idea either. Since you’re only looking at one source for your balance, it’s pretty easy for that server to feed you incorrect info.

Conclusion

Bitcoin Core is not just a software but a critical element that sustains the ethos of Bitcoin—decentralized, transparent, and secure digital money for a global audience. As Bitcoin grows in adoption and innovation, Bitcoin Core will remain at the heart of its development and success.