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Bitcoin Developer and Crypto Entrepreneur Jonas Schnelli explains why full nodes are essential, explains what a BitBox is, and gives his advice for listeners.About the episode.ResourcesJonas SchnelliBitboxBitcoin Core GithubPruningFull NodeSPV or Simplified Payment VerificationHardware walletsLightning NetworkShow Notes00:00:00 - Welcome & Intro.00:01:14 - Why Schnelli became interested in bitcoin and what his contributions to the project have been.00:02:56 – Schnelli explains what pruning is and what SPV means.00:04:46 – What is the difference between a full node and an SPV node?00:05:31 – Schnelli explains what the mempool is and how it works.00:06:31 – Why is it so important to run a full node?00:08:37 – Schnelli tells us about BitBox.00:09:46 – What are the problems that can pop up with customized hardware?00:12:36 – The reason why bitcoin is so strong.00:13:46 – Schnelli tells what he sees as the most exciting thing happening it bitcoin.00:14:41 – Schnelli explains what else could be possible to build on top of bitcoin and lightning network.00:15:33 – Schnelli gives his advice for listeners.
About the episode.