bitcoin-wallet-importing-blocks-from-diskw

If you are just getting into Bitcoins and started by installing the Bitcoin wallet on your computer you may notice that the synchronization process with the Bitcoin network is taking up quite some time. This is due to the very large blockchain that has been generated so far and it will continue to grow even bigger, so besides more than 10 Gigabytes of space you need to be ready to wait a bit. There is however a clever solution that might speed thing up, you can download a file to help you import most of the blockchain locally much faster and then synchronize with the rest of the network in no time.


What to do guide:

– Download and install the Bitcoin wallet software, run it and then close it.
– Download the bootstrap.dat file (via a torrent client).
– Copy the bootstrap.dat file in the folder \Users\YOUR_WINDOWS_USERNAME\AppData\Roaming\Bitcoin (for Windows) or in the Bitcoin data folder for other OSes
– Run the Bitcoin software to import most of the blockchain locally and then to download only the rest and synchronize the client

This will get you up to speed and running in no time and much faster than running the Bitcoin client and waiting for it to download and synchronize the complete blockchain from the start to the most recent blocks.

franko-scrypt-crypt-coin

Franko is an amazing new virtual currency based on cryptography. Franko coins can be instantly sent anywhere in the world over the internet via a shared public ledger for little to no cost. One Franko is denominated as 1 FRK. New FRK are released into the economy every 30 seconds by the network as payment for confirming transactions and securing the network. Franko is designed to produce 11,235,813 FRK over the next 500 years making FRK the most long term solution. Each FRK is divisible to the 8th decimal place which helps overcome the limitations of scarcity.

Website
http://frankos.org/

Block Explorer / Crawler
http://florinexchange.com/explorer/

SPECIFICATIONS

  • Scrypt Algorithm
  • Proof-of-work
  • 30 second block targets
  • 0.25 block reward
  • 11,235,813 Total coins
  • Difficulty retarget 4x per day
  • Block reward halves every 20million blocks

DOWNLOADS
Windows
Linux
Mac
Android

Source Code
at GitHub

PORTS

  • RPC Port: 7913

POOLS
http://frk.dencoinpools.com/
http://frk.coin-pool.org/
http://franko.ub3rl33t.com/

EXCHANGES
Yobit

cexio-ghs-price-drop

If you were considering of trying out Bitcoin Cloud Mining, then now is your chance to get a better price per GHS at CEX.IO as currently there is a slight drop to below 0.0440 BTC per GHS as previously the exchange rate was over 0.0460 BTX per GHS. Buying cloud mining hashrate for Bitcoins at a lower price gives you a better chance to sell it later on with profit, besides the coins that the hasrate you’ve got has mined for you meanwhile. So it is a win-win situation – both profit from cloud mining Bitcoins and profit if/when you decide to sell your hashrate later. The good thing about Bitcoin Cloud Mining is that it is easy to get into it and requires no efforts on your side to setup, monitor and support any hardware – everything is automatically done for you and you just get the mined Bitcoins. And that continues for life or until you decide to sell your hashrate to another user and make some extra profit selling it at a higher price than you bought it.

For more information about the cloud service and to try Bitcoin Cloud Mining at CEX.IO…

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