Bitcoin Core is the canonical way to run Bitcoin
September 05, 2022

Bitcoin Core is the canonical way to run Bitcoin

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Bitcoin Core

We use Bitcoin Core as our main Bitcoin wallet software for treasury management and blockchain information. Bitcoin is a network of nodes running Bitcoin Core software so if you want to participate in the Bitcoin network, running Bitcoin Core is the recommended way of doing so.

We run it locally as part of our treasury infrastructure.

Pros

  • Simple, secure access to the Bitcoin blockchain
  • Open source, auditable and solid performance
  • Send and receive Bitcoin immediately

Cons

  • UX may seem clumsy the first time but it's getting better
  • It may take days to download the blockchain depending on your disk and bandwidth speed, but that's by design
  • Support for commercial hardware wallets is still missing, and I think they will keep it that way
  • It's free software so ROI is basically exponential
  • Our financial team now understands and has access to Bitcoin
  • Running Bitcoin Core helps add traction to the network and helps it to get adopted more
Electrum needs a Bitcoin Node to run. You can run your own Bitcoin Core service and connect it to Electrum for a full stack, self-custodial Bitcoin wallet.

You may run a public Bitcoin Core node, so other people with Electrum use it to verify their transactions, helping the network work faster.

Do you think Bitcoin Core delivers good value for the price?

Yes

Are you happy with Bitcoin Core's feature set?

Yes

Did Bitcoin Core live up to sales and marketing promises?

Yes

Did implementation of Bitcoin Core go as expected?

Yes

Would you buy Bitcoin Core again?

Yes

Bitcoin Core is the canonical way to run Bitcoin. If you want to send or receive Bitcoin or understand how it works, installing and running Bitcoin Core is a must.

If you are not a technical user, you may use Umbrel as a wrapper to Bitcoin Core, which will install it and manage it for you.

Comments

  • Anonymous | TrustRadius Reviewer
    Sir, this is a Wendy's. No seriously, bitcoin core is a software program that implements the bitcoin protocol. You don't have to pay anything to use it, it's free. I guess this is some misunderstanding, did you get scammed?

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