Bitcoin Core 0.14.0 Released with Performance Improvements

8 Mar
2017

While the controversy surrounding Bitcoin and the block size debate among others continues with the number of transactions ranking up, filling the 1MB blocks completely and transaction fees rising we just got a new Bitcoin Core 0.14.0 release. The key aspects of the new releases are focused on improving performance for initial block download if you are starting a new full blockchain download as well as faster new block validation and relay. This is a welcome improvement that can be really useful for users with the Bitcoin blockchain data already close to 115GB in size…

Another new feature available in the 0.14.0 release is the optional fee bumping (not enabled by default) that allows users to users to increase the fee their transactions pay even after they’ve broadcast an earlier version of the transaction. This new option might be useful with the increasing number of transactions to help you move some coins at a faster speed if your initial fee was too little. This however is not a real solution for the problem with the blocks getting filled with transactions… we actually need a solution that will help keep transaction fees at a reasonable low level with the Bitcoin price still going up and that will help transactions confirm reasonably quick even with lower fees.

For more details about the newly released Bitcoin Core 0.14.0…



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3 Responses to Bitcoin Core 0.14.0 Released with Performance Improvements

pm7

March 8th, 2017 at 14:57

It should be clearly stated that you can bump fee only if you enabled RBF BEFORE sending original transaction.
Also, Electrum already had it :)

gentlejack

March 9th, 2017 at 05:39

This is awesome…Where is the link to download the software?

admin

March 9th, 2017 at 09:59

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