Hours to "catch up" and process transaction history?

bitcoinchecker

full member

Activity: 182

Merit: 100

Provider of Bitcoin products and services

Quote from: WinstonSmith on May 29, 2013, 03:09:35 PM

Anybody have a link to a thorough discussion of pros/cons of various wallets?

This is a good place to start... http://bitcoin.org/en/choose-your-wallet

Make sure you understand the differences between the different types of wallet and the pros and cons of each type.

and think about want you want to do... trade, long term storage, buy stuff

Each can have their uses in different situations and each have their own risks.

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: URSAY on May 29, 2013, 02:48:36 PM

There's many wallets. Which wallet are you referring to?

Bitcoin-QT can take days to download the blockchain initially.

And will use up more than 7 Gigabytes of space on your hard drive.

WinstonSmith

newbie

Activity: 16

Merit: 0

Anybody have a link to a thorough discussion of pros/cons of various wallets?

WinstonSmith

newbie

Activity: 16

Merit: 0

Looks like bitcoin-qt.

Thx.

URSAY

legendary

Activity: 1974

Merit: 1010

There's many wallets. Which wallet are you referring to?

Bitcoin-QT can take days to download the blockchain initially.

WinstonSmith

newbie

Activity: 16

Merit: 0

Hi all,

Newbie trying to get started. How long does it typically take to install the wallet? After six hours, it was about 66% done on a reasonably fast wireless connection (signal strength "Excellent").

Is this typical?

Didn't find a thread about this, so am posting.

Links to helpful newbie threads also appreciated. Looking for something like a checklist of things to do, and a compilation of info about keeping a wallet safe.

Knew for a long time this was coming; can't believe it took me so long to discover it. Glad to be here.

Thanks.
WS

Topic: Hours to "catch up" and process transaction history? (Read 460 times)