All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Here comes the official release of Bitcoin Core v0.12.0, but note that there is still no final solution implemented for the growth of block size over time and the debate continues. Still a lot of work has gone into this release and it may just be the biggest one yet, with more significant improvements than any other before.
Here is a list of the major improvements in version 0.12:
– 7x Faster Signature Validation
– Ability to Limit Upload Traffic
– Crash Prevention via Memory Pool Limits
– Option to Send Transactions That Can Be Fee-Boosted
– Improved Rules for Transaction Relaying
– Automatic Usage of Tor When it’s Running
– Ability for Apps to Subscribe to Notifications With ZeroMQ
– Massively Reduced Disk Usage for Wallets
– Much Faster Block Assembly for Miners
In addition to these, there are 13 other improvements that didn’t make the top list but are nonetheless quite valuable. You can find a complete list of them in the Change log.
After hovering around $380 USD for quite some time since the beginning of this month, Bitcoin has finally moved past the $400 USD exchange rate again and is pushing to get higher. While BTC has been somewhat low in terms of price, but with a network difficulty that is continuing to grow rapidly with another 20 or so percent increase in the network difficulty right around the corner some altcoins have managed to do great. We are talking about Ethereum (ETH) that has had its price skyrocket to over 5 Euro and over 6 USD in the last days and that has also sparked some temporary, but huge interest in some of the Ethereum forks such as Expanse. The way things are moving with more big jumps in the difficulty and the second upcoming block halving this summer people are expecting to see Bitcoin doubling its price, but we are yet to see if that will happen this summer or not…
The total network hashrate of the Bitcoin network has reached another major milestone, passing over 1 Exahash per second or 1000 Petahashes per second peaking at 1,008,642,232 GHS according to the data from Blockchain.info. Interestingly enough the total network hashrate at the previous difficulty adjustment on January 13th was just about 811 Petahashes and back in November last year the hashrate was just about 500 Petahashes per second or half than what it is now. This is really serious and fast growth of the total network hashrate that Bitcoin is experiencing doubling in just about two months. So what comes next after Exahashes per second, can you guess when the network hashrate will get to Zettabytes or Yottabytes… maybe we are going to see these in the near future if it continues to grow at such fast pace.