Topic: Bitcoin Core 0.16.1 Released (Read 47250 times)
Bitcoin Core 0.16.2 has been released
Nowadays which cryptocurrency wallets can use holders bitcoin and another altcoins? jaxx, bitcoin core wallet is good, please write you opinion about this
So, I just have a single question. As time passes, the blockchain grows in size. True?
That's correct yes. This should give you an idea about how much is it growing: https://www.statista.com/statistics/647523/worldwide-bitcoin-blockchain-size/
It has removed the miner block size recalling the infamous depreciation of the “blockmaxsize” option for miners. It was basically meant to limit their blocks’ sizes in the previous version. Well, BTC dominance by market capitalization in the crypto market reached its highest level yet in 2018,
By suggestion, I have been doing a lot of reading and watching videos about Bitcoin. During this, I targeted Bitcoin Core, in particular. Much of this seems ambiguous to me. It stores a copy of the block-chain and contains a wallet. It provides more security and decentralization.
For a user, there would be lot of hard drive activity and network usage because the block-chain is constantly changing, from what I gather. What I do not see is the benefit to an single individual running a node. Is there any?
For a user, there would be lot of hard drive activity and network usage because the block-chain is constantly changing, from what I gather. What I do not see is the benefit to an single individual running a node. Is there any?
A very helpful article: https://en.bitcoin.it/wiki/Clearing_Up_Misconceptions_About_Full_Nodes
Can anyone tell me the different between blockchain and Bitcoin Core plz
It looks like it has similar uses
It looks like it has similar uses
If you're referring to the blockchain.info wallet info then the similarities are being able to receive and send bitcoins.
Blockchain.info is not recommended because It's not open source (you don't know what they are storing about you), online (vulnerable to attacks), limited control.
Can anyone tell me the different between blockchain and Bitcoin Core plz
It looks like it has similar uses
It looks like it has similar uses
I have 3HTS and want to run core as a main wallet also to support the network...I spent 10BTC on miners back in 13 and that was about 200KUSD in 17. Theres no point solo mining ...what might be useful is video that proves I can get it to work,,..I mined about 1 btc in 13 ..and spoke to Luke who was very helpful...Sincere thank you to the developers and I wonder if wallets are superfluous if your using core.?
How do I start the RPC server for a solo mining?
With the current config is not work, the TCP port does not open.
With the command line keys too.
With the current config is not work, the TCP port does not open.
Code:
daemon=1
server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcallowip=192.168.1.105
rpcport=9999
server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcallowip=192.168.1.105
rpcport=9999
With the command line keys too.
Solo mining has not been profitable for a very long time. You will only waste electricity and decrease the life of your hardware by solo CPU mining.
If you're using core as a node to connect ASICs however, "port" will control which port is used for node connections. I'm not sure whether or not you're looking for that however. Could you provide more information?
Just go for it man! Crazier stuff has happened.
Was this new core version applied to Electrum wallet as well? I didn't see a new Electrum wallet version come out.
Since 0.16.1 update don't change any bitcoin protocol or features, Electrum don't have to upgrade their wallet to support the changes.
Besides, i don't see any reason why would new Core's update need to be applied to Electrum since both of them are different wallet with different features. All that matters that a wallet's implementation must follow Bitcoin protocol.
I misunderstood; thanks for your answer. I thought Bitcoin core was the main software running at the core of all bitcoind daemons; but I realise now it's an actual wallet...
"Wallets created in 0.16 and later are not compatible with versions prior to 0.16
and will not work if you try to use newly created wallets in older versions."
So what happens to assets in such wallets? Would they be lost or not?
and will not work if you try to use newly created wallets in older versions."
So what happens to assets in such wallets? Would they be lost or not?
It's just not compatible, you won't lose anything. If you use an older version, your software won't be able to read it properly. If have a wallet created in 0.16 then keep using 0.16 or above.
"Wallets created in 0.16 and later are not compatible with versions prior to 0.16
and will not work if you try to use newly created wallets in older versions."
So what happens to assets in such wallets? Would they be lost or not?
and will not work if you try to use newly created wallets in older versions."
So what happens to assets in such wallets? Would they be lost or not?
Was this new core version applied to Electrum wallet as well? I didn't see a new Electrum wallet version come out.
That isn't a bug fix or a critical change, so it isn't eligible for a minor release anyways. But not in the strictest sense of the world.
How do I start the RPC server for a solo mining?
With the current config is not work, the TCP port does not open.
With the command line keys too.
With the current config is not work, the TCP port does not open.
Code:
daemon=1
server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcallowip=192.168.1.105
rpcport=9999
server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcallowip=192.168.1.105
rpcport=9999
With the command line keys too.
Solo mining has not been profitable for a very long time. You will only waste electricity and decrease the life of your hardware by solo CPU mining.
If you're using core as a node to connect ASICs however, "port" will control which port is used for node connections. I'm not sure whether or not you're looking for that however. Could you provide more information?
How do I start the RPC server for a solo mining?
With the current config is not work, the TCP port does not open.
With the command line keys too.
With the current config is not work, the TCP port does not open.
Code:
daemon=1
server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcallowip=192.168.1.105
rpcport=9999
server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcallowip=192.168.1.105
rpcport=9999
With the command line keys too.
yes, bitcoin core version 0.16.1 officially released according to an announcement made June 15. This release includes various bugfixes and performance improvements and a lot more than previous bitcoin core client version. there is another important fact, this upgrade only affected wallets which were created in 0.16 and later
What would happen if all work stopped on bitcoin core? I can see why some altcoin projects need lots of development but bitcoin users don't see any difference from how it was years ago.
The Bitcoin network and ecosystem are constantly evolving with new technology advances and threats. Halting development on the most used full node software could possibly open it up to security vulnerabilities, and would stop future improvements from being made.
What would happen if all work stopped on bitcoin core? I can see why some altcoin projects need lots of development but bitcoin users don't see any difference from how it was years ago.
Thank you for the explanation. It is really helps for the ones who are interested in Learning about Bitcoins. Am interested in Learning about bitcoin and Crypto trading, So I think this forum would be a great resource for me.
Thank you for the explanation. Would it be of any help if I load it on my GPU mining machine? I have an off-line machine I use to generate wallets, so I wouldn't be using it for that.
Help in what way? By running Bitcoin Core on any machine, you are helping the Bitcoin network.@ achow101
That's the answer I was looking for, I was wondering if it would help the network at all. Thanks, I'll install it on at least one on-line machine this weekend. And sorry for being such a noob that I drew the ire of so many wise-cracking burner accounts.
Jump to: