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Cyphernode is an innovative, modular Bitcoin full-node microservices API server architecture, coupled with a utilities toolkit aimed at making the building of Bitcoin applications more efficient and secure. As an open-source, self-hosted API, it enables developers to deploy and manage their own Bitcoin nodes, allowing for direct interaction with the Bitcoin blockchain without the need for third-party APIs. This feature is pivotal for enhancing privacy and security in blockchain application development. Cyphernode supports a plethora of functionalities, including lightning network support, transaction batching, and watchtower services, which makes it scalable and versatile for creating various blockchain-related solutions such as decentralized apps (dApps), Bitcoin payment processors, etc. Designed with scalability and efficiency in mind, Cyphernode can be deployed on minimal hardware requirements, including multiple Raspberry Pis, while still offering the option to utilize more robust setups for a full-node experience. It operates with a focus on utilizing hardware wallets for key generation and signing, ensuring high levels of security for transactions. Cyphernode differentiates i...
Cyphernode is an innovative, modular Bitcoin full-node microservices API server architecture, coupled with a utilities toolkit aimed at making the building of Bitcoin applications more efficient and secure. As an open-source, self-hosted API, it enables developers to deploy and manage their own Bitcoin nodes, allowing for direct interaction with the Bitcoin blockchain without the need for third-party APIs. This feature is pivotal for enhancing privacy and security in blockchain application development. Cyphernode supports a plethora of functionalities, including lightning network support, transaction batching, and watchtower services, which makes it scalable and versatile for creating various blockchain-related solutions such as decentralized apps (dApps), Bitcoin payment processors, etc. Designed with scalability and efficiency in mind, Cyphernode can be deployed on minimal hardware requirements, including multiple Raspberry Pis, while still offering the option to utilize more robust setups for a full-node experience. It operates with a focus on utilizing hardware wallets for key generation and signing, ensuring high levels of security for transactions. Cyphernode differentiates itself from hosted services and commercial Bitcoin APIs by providing a more secure and private solution, positioning itself as an alternative to systems like Bitcore, Insight, and APIs offered by companies such as Blockchain.info and Coinbase. The project's open-source nature and its hosting of docker containers at www.bitcoindockers.com further underline its commitment to accessibility and community engagement. Currently in production and used by Canada's largest Bitcoin payment processor Bylls.com, and Bitcoin Outlet, Cyphernode is actively seeking community feedback, new feature developments, and contributions to its roadmap. This project not only enables businesses and developers to more directly and securely integrate with the Bitcoin blockchain but also contributes significantly to the expansion of the Web3 ecosystem by offering enterprise-grade features and utilities necessary for operating Bitcoin services.
Cyphernode is a modular Bitcoin full-node microservices API server and utilities toolkit designed to help developers build scalable and secure Bitcoin applications. Its primary purpose is to allow developers to deploy and manage their own Bitcoin node, enabling direct interaction with the Bitcoin blockchain. This setup enhances privacy and security by eliminating reliance on third-party APIs for blockchain interactions.
Cyphernode benefits developers by providing an open-source, self-hosted API that facilitates the creation of secure and scalable Bitcoin services and applications. It offers features like transaction batching, lightning network support, and watchtower services, empowering developers to build decentralized apps and payment processors without trusting third parties. This ensures higher levels of security and privacy for blockchain applications.
Cyphernode is a viable alternative to commercial Bitcoin APIs such as Blockchain.info, Bitpay, and Bitgo because it allows developers to self-host and control their Bitcoin full nodes. This offers enhanced privacy, control, and security by eliminating third-party dependencies. Additionally, its modular architecture supports various advanced features necessary for enterprise-grade Bitcoin services, allowing for a tailored development experience.
Yes, Cyphernode is designed with efficiency in mind and can operate on low-resource devices such as Raspberry Pi. By installing pre-synchronized and pruned blockchains, resource requirements are minimized, making it possible to run Cyphernode with limited computing power. Full-node deployment, however, requires around 350GB of storage and 2GB of RAM.
Cyphernode enhances scalability by offering a modular API server architecture that supports various features such as the lightning network, transaction batching, and optional modules like blockchain indexers. This modularity allows developers to include only the necessary components, optimizing resource usage and scalability for Bitcoin applications, and ensuring the system can grow with increasing application demands.
Businesses and developers looking to enhance security and control over their Bitcoin applications significantly benefit from using Cyphernode. It enables functionalities similar to hosted services but with improved privacy. Notably, it's currently utilized by Bylls.com, Canada's largest Bitcoin payment processor, and Bitcoin Outlet, showcasing its effectiveness in handling large-scale Bitcoin transactions and exchanges efficiently.
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