The Latest Bitcoin Core Version to Be Included by Miners Soon
The recently released Bitcoin Core version will soon be implemented by the bitcoin mining pools as they take necessary steps to ensure smooth transition. The Bitcoin Core has received an upgrade. The new update- Bitcoin Core 0.12.1 will soon be incorporated by all the mining pools. Unlike other updates, the Bitcoin Core 0.12.1 is more focused towards improving the scalability of the Bitcoin network. Some of the main features of this new update include support for four different Bitcoin Improvement Proposals – BIP 9, BBIP 68, BIP 112 and BIP 113. The inclusion of these new BIPs makes....
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The Bitcoin Core development team released the newest version of the main Bitcoin implementation, Bitcoin Core, on July 12. Bitcoin 0.11.0 includes several improvements over older versions, making the software easier to use and better adapted to current network needs. One significant addition to this latest release of Bitcoin Core is the option of block file pruning. In essence, this allows users to rid their version of Bitcoin Core from all data included in older blocks that aren't necessary to run a full node. As such, it is no longer needed to locally store the full blockchain, but....
Lately, the community has been keeping a warm discussion around what should be the updates implemented to the bitcoin core. Many developer teams have been presenting and working on their own versions of the new release. Now a new Bitcoin Core Candidate Release has been announced and Binaries for the Bitcoin Core version 0.11.2rc1 are now available. Release candidates are test versions for releases that are launched in beta versions to be tested. This is a release candidate for a new version release to update the bitcoin core software. It aims to implement security and bug fixes, the BIP65....
The heated debate in the Bitcoin community throughout the past months not only concerns the block size dispute. Another technical change at the center of conflict is replace-by-fee, a version of which was included in the latest release of Bitcoin Core – while the next version of Bitcoin Classic will have no replace-by-fee at all. An often-heard criticism against replace-by-fee is that it creates new problems while it doesn't really solve any existing ones. But that criticism is questionable. What is replace-by-fee? Replace-by-fee is a mempool policy. Mempools are collections of unconfirmed....
Bitcoin Core 0.12.1 was released early this morning and the update includes several changes that have huge implications for Bitcoin scalability. The release deploys the first soft fork on the Bitcoin network to use the methodology outlined in BIP 9 (Version Bits), which allows multiple soft forks to take place at the same time. The three BIPs (BIP 68, BIP 112 and BIP 113) included in Bitcoin Core 0.12.1 have huge implications for the Lightning Network, which many believe to be Bitcoin’s best chance for long-term scalability. Although the code for the soft fork has been deployed, miners....
On February 16th, 2015, version 0.10.0 of Bitcoin Core was released. This update brings a whole new set of features and changes to improve the way Bitcoin Core is used. Upgrading is easy. First, you will be asked to shut down a previous versions that are running, if applicable. Then, run the new installer, and you are good to go. Do note that because the new release takes advantage of headers-first synchronization and downloading blocks in parallel, it is not backward compatible with older versions of Bitcoin Core. Like mentioned above, the new Bitcoin Core version 0.10.0 is a major....