Note: This VM provides synced Bitcoin ledger for development purposes. It is not recommended to use it as hot wallet or for commercial transactions.
Note: Bitcoin Full Node upgraded to latest Bitcoin Core V0.25 along with bitcoin-qt, bitcoin-cli and bitcoin-wallet on Ubuntu 22.04. The VM also provide you the latest Ordinal installed which is a numbering scheme for satoshis that allows tracking and transferring individual sats. For more details please visit- Ordinals Documentation
It also include Leather Wallet Desktop App installed out of the box so you can quickly start with the Ordinal inscriptions.
This VM provides you full bitcoin node. It has out of box setup for bitcoin which includes bitcoind & Bitcoin QT GUI wallet, Ordinal & pre-synced ledger. Since the ledger is already sync, you get the full node in just few minutes instead of waiting hours to sync the ledger from 2009 which takes hours to sync.
Why you need a fullnode:
Enable Ordinal Inscription : Ordinals (Bitcoin NFT) inscription on Bitcoin ledger requires a fully synced ledger. This VM comes with a fully synced ledger along with Ordinal wallet as standalone Desktop app so you can use it for Ordinals inscription.
Increased Privacy: When you use a third-party service or wallet to interact with the Bitcoin network, your transactions and private information may be exposed to the service provider. By running your own full node, you can interact with the network directly and maintain complete control over your private keys and transactions.
Improved Security: When you run a full node, you have access to the entire Bitcoin blockchain, which allows you to verify all transactions and blocks yourself. This reduces the risk of fraud or double-spending attacks, as you can be sure that the transactions you receive are valid and confirmed.
Support for the Network: By running a full node, you contribute to the decentralization and security of the Bitcoin network. Full nodes help to ensure that the network remains distributed and resilient, as each node provides redundancy and validation checks for other nodes.
Personal Education: Running a full node provides a great opportunity to learn more about how the Bitcoin network works and how transactions are verified and confirmed. It can be a valuable learning experience for anyone interested in cryptocurrencies and blockchain technology.
Preinstalled setups include: