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Author Topic: What is Bitcoin Core ?  (Read 403 times)
jackhero (OP)
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October 17, 2017, 02:43:23 PM
 #1

What is Bitcoin Core?
Bitcoin Core is a third version of Bitcoin and also the most well-known version, Bitcoin Core was developed by Wladimir J. van der Laan from the original Bitcoin version. Previously, Bitcoin Core had another name, Bitcoin-Qt. Since the release of Bitcoin Core v0.5 (Bitcoin Deamon) - the command interface for Bitcoin, it is integrated to help interconnect transactions and update Blockchain.
Currently, there are four versions of Bitcoin, but the most popular are Bitcoin Core and Bitcoin Classic. It is because of the competition of these two versions that the Bitcoin community is increasingly divided.
In addition, Bitcoin Core is often criticized because Blockchain downloads are too slow. However, losing this one is another, Bitcoin core is still used a lot because the block size for each transaction is only 1MB. The Bitcoin Core community wants to maintain the size of 1MB, but Bitcoin Classic wants to upgrade and expand to 2MB.
Fria
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October 29, 2017, 12:50:41 PM
 #2

Im addition with what you are stated above, Bitcoin core is the source code that is transparent and it found in GutHub and it's free to use. Some Altcoins were created from Bitcoin's core and everyone can make his own crypto currency.
ir.yance
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October 29, 2017, 01:23:53 PM
 #3

What is Bitcoin Core?
Bitcoin Core is a third version of Bitcoin and also the most well-known version, Bitcoin Core was developed by Wladimir J. van der Laan from the original Bitcoin version. Previously, Bitcoin Core had another name, Bitcoin-Qt. Since the release of Bitcoin Core v0.5 (Bitcoin Deamon) - the command interface for Bitcoin, it is integrated to help interconnect transactions and update Blockchain.
Currently, there are four versions of Bitcoin, but the most popular are Bitcoin Core and Bitcoin Classic. It is because of the competition of these two versions that the Bitcoin community is increasingly divided.
In addition, Bitcoin Core is often criticized because Blockchain downloads are too slow. However, losing this one is another, Bitcoin core is still used a lot because the block size for each transaction is only 1MB. The Bitcoin Core community wants to maintain the size of 1MB, but Bitcoin Classic wants to upgrade and expand to 2MB.

is the currently active Bitcoin software used, and is represented by the BTC symbol.
Berk
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October 29, 2017, 01:26:27 PM
 #4

Bitcoin core is popular due to it being one of the most recommended for people wanting to host a full Bitcoin node.
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October 29, 2017, 01:30:29 PM
 #5

Currently, there are four versions of Bitcoin, but the most popular are Bitcoin Core and Bitcoin Classic.


Depends what is considered to be version of Bitcoin. There are many forks (Bitcoin Classic is a fork) so I don't really see why there would be only four "major" versions of Bitcoin. There are much more.
BitcoinBallerina
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October 29, 2017, 02:10:34 PM
 #6

Bitcoin Core is free open source software that anyone can download and use. It is a network that allows for the transfer of value in the most censorship-resistant way possible.

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October 29, 2017, 02:21:34 PM
 #7

Bitcoin is irreversible and anonymous. Cry
fiulpro
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October 29, 2017, 05:43:37 PM
 #8

Bitcoin core is the interface used for connecting the business , more like a reference client that helps in interaction between parties.
Bitcoin core  was first callet bitcoin QT then even before that it was called bitcoin^ they renamed it after the new features that were added in the previous versions
It facilates out transactions from one server to another, but its not like a wallet supporting buying and selling.
It was developed by Satoshi Nakamoto itself then further improved by Waldimar in 2016.
Its more like the skeleton of bitcoins.

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Kaller
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October 29, 2017, 05:53:13 PM
 #9

Bitcoin Core, as far as I know is the group of devs which are responsible for developing Bitcoin (the main one, not the other spinoffs).
whitemacna
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November 22, 2017, 08:14:01 AM
 #10

Bitcoin Core is the reference client of bitcoin. Initially, the software was published by Satoshi Nakamoto under the name Bitcoin, and later renamed to Bitcoin Core to distinguish it from the network. ... It is the reference implementation for bitcoin nodes, which form the bitcoin network.
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November 24, 2017, 12:48:08 PM
 #11

Bitcoin Core is also called free open source software that anyone can use. This is the network that enables the delivery of values in the most appropriate way with the sensor.
paaatrisya
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November 24, 2017, 01:23:46 PM
 #12

Bitcoin Core is an open source project which maintains and releases Bitcoin client software called “Bitcoin Core”.

It is a direct descendant of the original Bitcoin software client released by Satoshi Nakamoto after he published the famous Bitcoin whitepaper.
Jovl
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November 24, 2017, 01:35:26 PM
 #13

Bitcoin core is a software published by Satoshi Nakamoto unser the name of Bitcoin,
is programmed to decide which block chain contains valid transactions. The users of Bitcoin Core only accept transactions for that block chain, making it the Bitcoin block chain that everyone else wants to use.

chimcoin
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November 24, 2017, 01:53:01 PM
 #14

It addition,Bitcoin Core is a full Bitcoin client and builds the backbone of the network. It offers high levels of security, privacy, and stability.
AGD
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November 24, 2017, 01:56:46 PM
 #15

Bitcoin is irreversible and anonymous. Cry

People get ignored this quick these days ....

Bitcoin is not a bubble, it's the pin!
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paaatrisya
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November 24, 2017, 02:06:27 PM
 #16

Bitcoin Core is an open source project which maintains and releases Bitcoin client software called “Bitcoin Core”.

It is a direct descendant of the original Bitcoin software client released by Satoshi Nakamoto after he published the famous Bitcoin whitepaper.
marcous
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November 24, 2017, 04:35:56 PM
 #17

the presence of bitcoin core does helped the development of bitcoin users and its able saved bitcoin assets offline, but it took days to be able to download bitcoin core, and must have about 150GB of ram.

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November 24, 2017, 05:03:58 PM
 #18

Bitcoin core was named Bitcoin-Qt before. It was released to the public the moment he released the white paper of bitcoin. It was said to be the open software source made by non other than Satoshi Nakamoto. It's a free to download system. When you open the application, it would shot the ledger that lists every transaction made by bitcoin. Compared to Coinbase and any other bitcoin wallet, the only capacity of Bitcoin Core is to be able to send and receive bitcoins. On the other hand, coinbase and bitcoin wallet has the capacity to do buy and sell, link a bank account and has a downloadable application on the phone.
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December 01, 2017, 02:20:39 PM
 #19

Bitcoin Core is the reference client of bitcoin. Initially, the software was published by Satoshi Nakamoto under the name Bitcoin, and later renamed to Bitcoin Core to distinguish it from the network.
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