Posts Tagged ‘Bitcoin Core

bitcoin-core-0-12-0

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.

To download the full Bitcoin Core 0.12.0 Officially release for different OSes…

bitcoin-blockchain-data-size

The size of the Bitcoin Blockchain data files continues to rise rapidly hitting 60 GB already, up with 10 Gigabytes for a bit less than three and a half months when it was just about 50GB and up with about 20 GB for the last about 7 months and most likely doubling in size in the last 1 year. The increase in size is to be expected with more transactions happening on the Blockchain as more users are getting interested in Bitcoin and the continuing adoption of the crypto currency by more users. The big size of the complete Bitcoin Blockchain data however is already a bit of a problem for some users that don’t have that much free space on their computer and want to run the Bitcoin Core wallet with the full local copy of Blockchain or people that want to be providing a Full Bitcoin Node. If the trend remains the same we are looking at about 120 GB or more n terms of size for the BTC Blockchain in just about a year, so there is something to think about…

bitcoin-mini

If you are looking for a plug and play full Bitcoin node solution you might want to check out the Bitcoin Mini solution that is powered by a Raspberry Pi 2 board with Arch Linux OS running a Bitcoin Core. The device comes with an 8 GB MicroSD card for the operating system plus 128 GB USB flash drive for storing the Bitcoin Blockchain. The 128 GB storage should be enough for quite some time considering that the size of the full Bitcoin blockchain data currently is getting close to 60 GB of data. The project offers two versions, the first one is a Mini Basic that is essentially a bare solution with just enough to plug in and have a full node running in your home with just basic command line functionality only for $139 USD. The second version is the regular Bitcoin Mini that comes with a custom Bitcoin API and webpage user interface that is available for $179 USD. You can also pay with Bitcoin which is to be expected from a project supporting crypto currencies taking into account the current exchange rate. The Bitcoin Mini is being shipped worldwide, but do note that shipping the product outside of USA is extra $25 USD.

For more details about the Bitcoin Mini project for a full RPi-based Bitcoin node…


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