Bitcoin Full-node

BItcoin Fullnode

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About

Bitcoin Full-node

This Bitcoin Full-node offers a Bitcoin full ledger. It is designed to assist in the development, however, it can work equally well in non-commercial use cases. This Bitcoin Full-node shall not be used as a Hot Wallet.

  • Take Full Control: In the case of a Hard-fork event, when both the blockchains stay active with their own economic activity, a Full-node provides a way out. It allows you to validate the rules relating to either of the new or older Blockchains, depending upon your preference.
  • Bitcoind and Bitcoin Wallet GUI: Get a clear overview of balance and transactions, slide for faster confirmations or lower fees, ensure privacy, generate QR codes for receiving payments, track invoices, check bandwidth usage, and keep a track of safely stored Bitcoins offline.
  • Faster Ledger Synchronization: With a ledger already synced up to the date of publishing, it will take little time to get a fully synced ledger.

You can subscribe Bitcoin Fullnode an AWS Marketplace product and launch an instance from the product’s AMI using the Amazon EC2 launch wizard.

To launch an instance from the AWS Marketplace using the launch wizard

  • Open the Amazon EC2 console at https://console.aws.amazon.com/ec2/
  • From the Amazon EC2 dashboard, choose Launch Instance. On the Choose an Amazon Machine Image (AMI) page, choose the AWS Marketplace category on the left. Find a suitable AMI by browsing the categories, or using the search functionality. Choose Select to choose your product.
  • A dialog displays an overview of the product you’ve selected. You can view the pricing information, as well as any other information that the vendor has provided. When you’re ready, choose Continue.
  • On the Choose an Instance Type page, select the hardware configuration and size of the instance to launch. When you’re done, choose Next: Configure Instance Details.
  • On the next pages of the wizard, you can configure your instance, add storage, and add tags. For more information about the different options you can configure, see Launching an Instance. Choose Next until you reach the Configure Security Group page.
  • The wizard creates a new security group according to the vendor’s specifications for the product. The security group may include rules that allow all IP addresses (0.0.0.0/0) access on SSH (port 22) on Linux or RDP (port 3389) on Windows. We recommend that you adjust these rules to allow only a specific address or range of addresses to access your instance over those ports
  • When you are ready, choose Review and Launch.
  • On the Review Instance Launch page, check the details of the AMI from which you’re about to launch the instance, as well as the other configuration details you set up in the wizard. When you’re ready, choose Launch to select or create a key pair, and launch your instance.
  • Depending on the product you’ve subscribed to, the instance may take a few minutes or more to launch. You are first subscribed to the product before your instance can launch. If there are any problems with your credit card details, you will be asked to update your account details. When the launch confirmation page displays.

Usage/Deployment Instructions

Step 1: Open putty and connect with your machine. Add IP address of the running EC2 instance.


Step 2: So login with username as “ubuntu”. Once connected, change the password for ubuntu user using-

sudo passwd ubuntu

Now the password for ubuntu user is set, you can connect to the VM’s desktop environment from any local windows machine using RDP protocol.

In the “Remote Desktop connection” wizard, copy the public IP address and click connect

This will connect you to the VM’s desktop environment. Provide the username (e.g “ubuntu”) and the password set in the above “Reset password” step to authenticate. Click OK

Now you are connected to the out of box Bitcoin FullNode environment via Windows Machine.

Start Bitcoin sync process using GUI:

Open terminal by alt+ctl+t and write this command to start bitcoin core.

$  /usr/local/bin/bitcoin-qt

Bitcoin core will start and sync for the initial period.

After sync, click on create new wallet and start the application.

You can also use VS code also for development.

You can also use fish shell to sync/start  bitcoin-core.

$ bitcoind -daemon

Note:- that you can’t run both the GUI and the daemon at the same time using the same configuration directory.

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    Amazon EC2 enables “compute” in the cloud. Amazon EC2’s simple web service interface allows you to obtain and configure capacity with minimal friction. It provides you with complete control of your computing resources and lets you run on Amazon’s proven computing environment. Amazon EC2 reduces the time required to obtain and boot new server instances to minutes, allowing you to quickly scale capacity, both up and down, as your computing requirements change. Amazon EC2 changes the economics of computing by allowing you to pay only for capacity that you actually use.

    Until now, small developers did not have the capital to acquire massive compute resources and ensure they had the capacity they needed to handle unexpected spikes in load. Amazon EC2 enables any developer to leverage Amazon’s own benefits of massive scale with no up-front investment or performance compromises. Developers are now free to innovate knowing that no matter how successful their businesses become, it will be inexpensive and simple to ensure they have the compute capacity they need to meet their business requirements.

    The “Elastic” nature of the service allows developers to instantly scale to meet spikes in traffic or demand. When computing requirements unexpectedly change (up or down), Amazon EC2 can instantly respond, meaning that developers have the ability to control how many resources are in use at any given point in time. In contrast, traditional hosting services generally provide a fixed number of resources for a fixed amount of time, meaning that users have a limited ability to easily respond when their usage is rapidly changing, unpredictable, or is known to experience large peaks at various intervals.

    Amazon EC2 allows you to set up and configure everything about your instances from your operating system up to your applications. An Amazon Machine Image (AMI) is simply a packaged-up environment that includes all the necessary bits to set up and boot your instance. Your AMIs are your unit of deployment. You might have just one AMI or you might compose your system out of several building block AMIs (e.g., webservers, appservers, and databases). Amazon EC2 provides a number of tools to make creating an AMI easy. Once you create a custom AMI, you will need to bundle it. If you are bundling an image with a root device backed by Amazon EBS, you can simply use the bundle command in the AWS Management Console. If you are bundling an image with a boot partition on the instance store, then you will need to use the AMI Tools to upload it to Amazon S3. Amazon EC2 uses Amazon EBS and Amazon S3 to provide reliable, scalable storage of your AMIs so that we can boot them when you ask us to do so.

    Or, if you want, you don’t have to set up your own AMI from scratch. You can choose from a number of globally available AMIs that provide useful instances. For example, if you just want a simple Linux server, you can choose one of the standard Linux distribution AMIs.

    Traditional hosting services generally provide a pre-configured resource for a fixed amount of time and at a predetermined cost. Amazon EC2 differs fundamentally in the flexibility, control and significant cost savings it offers developers, allowing them to treat Amazon EC2 as their own personal data center with the benefit of Amazon.com’s robust infrastructure.

    When computing requirements unexpectedly change (up or down), Amazon EC2 can instantly respond, meaning that developers have the ability to control how many resources are in use at any given point in time. In contrast, traditional hosting services generally provide a fixed number of resources for a fixed amount of time, meaning that users have a limited ability to easily respond when their usage is rapidly changing, unpredictable, or is known to experience large peaks at various intervals.

    Secondly, many hosting services don’t provide full control over the compute resources being provided. Using Amazon EC2, developers can choose not only to initiate or shut down instances at any time, they can completely customize the configuration of their instances to suit their needs – and change it at any time. Most hosting services cater more towards groups of users with similar system requirements, and so offer limited ability to change these.

    Finally, with Amazon EC2 developers enjoy the benefit of paying only for their actual resource consumption – and at very low rates. Most hosting services require users to pay a fixed, up-front fee irrespective of their actual computing power used, and so users risk overbuying resources to compensate for the inability to quickly scale up resources within a short time frame.

    No. You do not need an Elastic IP address for all your instances. By default, every instance comes with a private IP address and an internet routable public IP address. The private address is associated exclusively with the instance and is only returned to Amazon EC2 when the instance is stopped or terminated. The public address is associated exclusively with the instance until it is stopped, terminated or replaced with an Elastic IP address. These IP addresses should be adequate for many applications where you do not need a long lived internet routable end point. Compute clusters, web crawling, and backend services are all examples of applications that typically do not require Elastic IP addresses.

    You have complete control over the visibility of your systems. The Amazon EC2 security systems allow you to place your running instances into arbitrary groups of your choice. Using the web services interface, you can then specify which groups may communicate with which other groups, and also which IP subnets on the Internet may talk to which groups. This allows you to control access to your instances in our highly dynamic environment. Of course, you should also secure your instance as you would any other server.

    Highlights

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      Can run with Remote Desktop

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      Command Auto-complete Suggestions Feature with Fish Shell

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      Bitcoind and Bitcoin Wallet GUI

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      Visual Studio Code

    Application Installed

    • icon Bitcoin Full-node
    • icon linux