Topic: Blockchain takes seconds to download? (Read 442 times)
If you are using a thin wallet (Electrum or Multibit), you only need to download the block headers (~22MB) instead of all the block data (~16GB).
Multibit doesn't need the full blockchain, so its quick to download a small part.
Quote from: https://multibit.org/faq.html
At present the blockchain is about 12Gb and growing every 10 minutes.
I'm not downloading that !
You don't have to. As a normal user of Bitcoin you are only interested in the parts of the blockchain that contain your transactions. That small portion is about 25Mb.
I'm not downloading that !
You don't have to. As a normal user of Bitcoin you are only interested in the parts of the blockchain that contain your transactions. That small portion is about 25Mb.
Hi there. I recently downloaded and installed MultiBit. The problem is that when I select the option to re-synchronize to network, it only takes seconds. The couple videos I've watched about installing it said that it would take a good 40 minutes to download but me it only takes a couple seconds. My internet speed is 1.7 mb/s. Did I miss something when installing?
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