Bitcoin Core version 0.12.1 released

[achow101]

I'm not sure how this "community support" is calculated exactly?

There is no exact metric that enables one to get accurate analysis of the community support. I have no idea how they exactly plan on "measuring" it.

They probably mean that they will be using a high threshold for activation and reaching that threshold means that a lot of miners will need to support the increase (and though them the community).

They told to those 4 miners that they will release a segwit scaling solution before the halvening. But they failed. We will go into the halvening without a capacity increase.
Stupidity in perfection.

What are you taking about. You clearly have no idea what you are taking about. Segwit will be released before July when the halving happens. The release should be on a few weeks.

[Lauda]

They probably mean that they will be using a high threshold for activation and reaching that threshold means that a lot of miners will need to support the increase (and though them the community).

In addition to having a long grace period (which is what is very wrong with Gavin's BIP). Yeah, that could be it. I am a bit curious about the exact contents of the proposal. IIRC it was <3 months after Segwit code release.

[Zarathustra]

I'm not sure how this "community support" is calculated exactly?

There is no exact metric that enables one to get accurate analysis of the community support. I have no idea how they exactly plan on "measuring" it.

They probably mean that they will be using a high threshold for activation and reaching that threshold means that a lot of miners will need to support the increase (and though them the community).

They told to those 4 miners that they will release a segwit scaling solution before the halvening. But they failed. We will go into the halvening without a capacity increase.
Stupidity in perfection.

What are you taking about. You clearly have no idea what you are taking about. Segwit will be released before July when the halving happens. The release should be on a few weeks.

It should have been released in April to be activated before the halvening and having any impact as a capacity increase. It seems that you are the one that has no idea what he is talking about.

[achow101]

It should have been released in April to be activated before the halvening and having any impact as a capacity increase. It seems that you are the one that has no idea what he is talking about.

Again, says who? That is your opinion that it should have been released in April. Yes, they are a little behind schedule, but that is for a good reason. The code is being thoroughly tested and what bugs that have been found have had to be fixed before any release could be made. The testing process takes significant time and energy, and with the changes that have been made for BIP 9, 113, 68, and 112 and for segwit, a lot of testing and code review takes time to make sure that it is perfect.

[tuvok007]

I"we deleted whole blockchain from my hard drive and now I will download the whole thing again. I am on "two years and 48 weeks behind" on sync thing with my current version 0.12. Will this version 0.12.1 be faster in downloading blockchain/synchronizing ?

[Zarathustra]

It should have been released in April to be activated before the halvening and having any impact as a capacity increase. It seems that you are the one that has no idea what he is talking about.

Again, says who? That is your opinion that it should have been released in April. Yes, they are a little behind schedule, but that is for a good reason. The code is being thoroughly tested and what bugs that have been found have had to be fixed before any release could be made. The testing process takes significant time and energy, and with the changes that have been made for BIP 9, 113, 68, and 112 and for segwit, a lot of testing and code review takes time to make sure that it is perfect.

Yes, such monster forks can't be rushed into existence. It was completely irresponsible to sell it as a faster scaling solution than a simple hard fork first before the halvening. We knew it and it's happening now.

[Lauda]

Yes, they are a little behind schedule, but that is for a good reason.

Technically, they aren't. The estimate for code release was April, so there are 15 more days to go. Zarathustra is just one of those 'users' that attack Core from any angle.

Will this version 0.12.1 be faster in downloading blockchain/synchronizing ?

No. 0.12.0 and 0.12.1 should sync equally.

[achow101]

Technically, they aren't. The estimate for code release was April, so there are 15 more days to go.

Well the 4 BIP soft forks was scheduled to be released in March but it just came out today, so I would say it's a bit behind.

[Real-Duke]

Just updated my Banana Pi this evening from 0.12.0 to 0.12.1 and all is running flawlessly.
Thanks for the new update! 

[chek2fire]

Gz for this new version!

[Digital_Lord]

congratulation cyrus for the new virsion of bitcoin core. I am currently using electrum but thinking to move to new bitcoin core.
I used old bitcoin core but that was took so many times to synchorizing. what about this one?

[achow101]

congratulation cyrus for the new virsion of bitcoin core.

Heh, well Cyrus isn't someone who works on Core (at least, not that I know of), he just posts these announcements because no one on the core dev team does.

I am currently using electrum but thinking to move to new bitcoin core.
I used old bitcoin core but that was took so many times to synchorizing. what about this one?

The latest versions are kinda fast, it does depend on your computer though. Since 0.10, the sync speed has increased and with some other upgrades, it has gotten slightly faster. However, it still can take between a few hours and a few days depending on your internet, hard drive, CPU, and RAM.

[Amph]

Yay, BIP 68 & 112 are more bricks in the foundations for Lightning channels. Super-cheap transactions that smash the 250,000 tx/day limit into tiny pieces, looking forward to when the 2MB morons run out of things to talk about

hello i'm a 2MB moron  
i still dont see how LN is going to make one time payments ( these are the only types of payments i have ever done with bitcoin ) cost less.
from my understanding LN is good for poeple like bitpay accepting 1000's of TX coming from coinbase.
but if i want to send 0.01BTC to alice and thats the end of it, LN is useless to me... is it not?

edit: maybe i'll indirectly benefit from LN taking away 1000's of TX going directly from coinbase to bitpay now happening on LN, greatly reducing the traffic onchain making fees onchain lower.

not to mention the more centralized aspect(hubs aspect of LN), it's funny how those that support LN and are anti-2MB guys, talk about the primarely weakness of having bigger block, which is that there will be more centralization....

[Lauda]

Well the 4 BIP soft forks was scheduled to be released in March but it just came out today, so I would say it's a bit behind.

I was talking about Segwit only, although you are right, those soft forks are late.

Since 0.10, the sync speed has increased and with some other upgrades, it has gotten slightly faster. However, it still can take between a few hours and a few days depending on your internet, hard drive, CPU, and RAM.

I've managed to sync my node within 17 hours on a older dual core CPU and HDD (using default settings). I'd say that this quite the achievement considering the previous synchronization times.

The latest versions are kinda fast, it does depend on your computer though.

Time to update again!

[dumbfbrankings]

This April segwit release seems to be running really smoothly. Thanks devs for focusing on capacity through node network bifurcation/obfuscation and not just "things needed for LN hubs".

[martha5dool]

Gz for this new version!

Is is better than Electurm and also fast like electrum ?

[OmegaStarScream]

Gz for this new version!

Is is better than Electurm and also fast like electrum ?

It's not fast as Electrum .
Electrum is a Lightweight wallet where you don't have to download the blockchain while you have to when you use Bitcoin Core.

[Lauda]

This April segwit release seems to be running really smoothly.

There has been no Segwit release yet, what are you talking about? This version does not contain Segwit.

[tuvok007]

I"we deleted whole blockchain from my hard drive and now I will download the whole thing again. I am on "two years and 48 weeks behind" on sync thing with my current version 0.12. Will this version 0.12.1 be faster in downloading blockchain/synchronizing ?

Ok,tnx everybody for answering   I"ll just try the new version and see if it is faster in syncing

[Lauda]

I"ll just try the new version and see if it is faster in syncing

Again, you don't have to 'try to see' anything. 0.12 and 0.12.1 should sync equally fast as there are no improvements in that area between those two versions.