Bitcoin-Qt 0.8.3 | Bitcointalksearch.org

chiodiip

newbie

Activity: 22

Merit: 0

Quote from: alephi on July 13, 2013, 09:06:16 PM

Hi, I'm new to this so I just downloaded the latest version of the Bitcoin_Qt client as it seemed like a good place to start and I'm waiting for it to sync up. It's taken about 9 hours to get to 12 weeks behind and my PC has been maxed out for most of that time. Is that to be expected?

Yes, it takes a great deal of time to download and sync the bitcoin blockchain. It should take about 24-36 hours to download the entire thing. Also, you can download a lightweight client such as mutlibit for fast usage.

alephi

newbie

Activity: 49

Merit: 0

Yes it does.

marcobueno

newbie

Activity: 3

Merit: 0

This program run in windows 7?

alephi

newbie

Activity: 49

Merit: 0

23 hours on a two core Tosh Satellite laptop with a decent internet connection, running LTSpice modelling software and some pretty CPU intensive circuit models and playing music videos from Youtube at the same time without any probs. If you aren't in a hurry it's not a big deal.

marcovaldo

sr. member

Activity: 350

Merit: 250

Quote from: alephi on July 13, 2013, 09:06:16 PM

Hi, I'm new to this so I just downloaded the latest version of the Bitcoin_Qt client as it seemed like a good place to start and I'm waiting for it to sync up. It's taken about 9 hours to get to 12 weeks behind and my PC has been maxed out for most of that time. Is that to be expected?

Blockchain is huge. I never could finish DL it on my laptop. I had to use an internet website.

orymh

full member

Activity: 167

Merit: 100

Quote from: alephi on July 14, 2013, 03:13:41 AM

Thanks, I did download Electum too, I had an idea to try them both. Electum sounded kind of less secure but correct me if I'm wrong. There's a lot of reading about personal security and the merits of various wallets to do while I wait. Just 2 weeks to go now...

Electrum is theoretically slightly less secure than Bitcoin-Qt because you're trusting somebody else's copy of the blockchain, which is where all of the essential Bitcoin data is ultimately stored. In practice, the risk is extremely low, barring a big Bitcoin-stealing conspiracy. Your private key (the thing that proves you own your Bitcoin addresses) is still stored locally, and is encrypted.

Generally speaking, you're pretty safe as long as you:

Only install wallet software from trusted sources.
NEVER share your private key with anyone, regardless of what client you're using.
Keep your computer's antivirus and anti-malware software updated and running.

alephi

newbie

Activity: 49

Merit: 0

Thanks, I did download Electum too, I had an idea to try them both. Electum sounded kind of less secure but correct me if I'm wrong. There's a lot of reading about personal security and the merits of various wallets to do while I wait. Just 2 weeks to go now...

wedgy2k

sr. member

Activity: 329

Merit: 251

Quote from: orymh on July 13, 2013, 11:12:46 PM

If you'd like a quicker way to get started, you might want to try out Electrum (http://electrum.org) or MultiBit (https://multibit.org/). Both use an online copy of the blockchain, which is the thing that Bitcoin-Qt is taking so long to download. With Electrum or MultiBit, you'd be up and running in minutes.

In case it's helpful, I have a step-by-step Electrum setup guide here: http://www.bit-buddy.com/electrum-setup.html.

Great website for beginners,
I'm going to send your URL to some of my work colleagues as they seems interested in BTC and that explains things miles better than I ever could Grin

(Being in the UK i'll write some convoluted trading instructions for them as a supplement.......)
TY

orymh

full member

Activity: 167

Merit: 100

If you'd like a quicker way to get started, you might want to try out Electrum (http://electrum.org) or MultiBit (https://multibit.org/). Both use an online copy of the blockchain, which is the thing that Bitcoin-Qt is taking so long to download. With Electrum or MultiBit, you'd be up and running in minutes.

In case it's helpful, I have a step-by-step Electrum setup guide here: http://www.bit-buddy.com/electrum-setup.html.

katutidi

newbie

Activity: 16

Merit: 0

Yes, it should not take more than another 15 hours or so

alephi

newbie

Activity: 49

Merit: 0

Hi, I'm new to this so I just downloaded the latest version of the Bitcoin_Qt client as it seemed like a good place to start and I'm waiting for it to sync up. It's taken about 9 hours to get to 12 weeks behind and my PC has been maxed out for most of that time. Is that to be expected?

Topic: Bitcoin-Qt 0.8.3 (Read 761 times)