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Topic: Bitcoin Core (Read 132 times)
jimjim21
(OP)
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Bitcoin Core
March 30, 2018, 11:54:46 AM
#1
can i ask guys what is bitcore application in pc what is the benefits of it? ... because that app consume 200gb memory storage
jseverson
Hero Member
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Activity: 1834
Merit: 759
Re: Bitcoin Core
March 30, 2018, 12:02:04 PM
#2
Basically, it's a wallet that lets you run a full node. It's that big because it comes with a full copy of the blockchain.
As for the benefits:
You broadcast your transactions yourself
You contribute to the network
It's arguably the safest desktop wallet available
I might be forgetting a few stuff, but that's about it in a nutshell.
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BitcoinHodler
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HODLing is an art, not just a word...
Re: Bitcoin Core
March 30, 2018, 12:16:21 PM
#3
just check out the Full Node page on the bitcoin wiki and read what it is all about:
https://en.bitcoin.it/wiki/Full_node
bitcoin core is one of the softwares (the most popular one) that is implementing capabilities of a full node.
Holding Bitcoin More Every Day
Restu Siregar
Member
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Activity: 196
Merit: 10
Re: Bitcoin Core
April 01, 2018, 03:05:35 AM
#4
Bitcoin Core is the currently active Bitcoin software used, and is represented by the BTC symbol. Bitcoin Core was created by Satoshi Nakamoto and formerly known as Satoshi Client and Bitcoin-Qt. Bitcoin Core software is used and developed by Bitcoin miners around the world, creating a Bitcoin network. Bitcoin Core serves to verify transactions, create private and public keys, and have the ability to create a block with processing capacity of about 1,800 transactions every 10 minutes.
earnetheasy
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Activity: 308
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Re: Bitcoin Core
April 01, 2018, 03:42:12 AM
#5
bitcoin core is the full set of application that is the wallet for you currency. And a full node containing blockchain can be run with it. Its size is huge because of the blockchain. With this, you can broadcast the transactions, contribute the network etc.
Olawale16
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Merit: 0
Re: Bitcoin Core
April 01, 2018, 03:43:24 AM
#6
it is the safest enhancement for bitcoin wallets
MintDice
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Activity: 238
Merit: 46
Re: Bitcoin Core
April 01, 2018, 10:23:00 PM
#7
BTC Core is programmed to decide which block chain contains valid transactions. Users individually run their own Bitcoin Core full nodes, which allows you to only accept valid Bitcoins.
Hope this helps
Josh.dc
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Activity: 140
Merit: 0
Re: Bitcoin Core
April 02, 2018, 04:25:18 PM
#8
Bitcoin Core was created by Satoshi Nakamoto and formerly known as Satoshi Client and Bitcoin-Qt. Bitcoin Core software is used and developed by Bitcoin miners around the world, creating a Bitcoin network. Bitcoin Core serves to verify transactions
ptjoy
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Activity: 50
Merit: 0
Re: Bitcoin Core
April 03, 2018, 08:36:07 PM
#9
Quote from: jimjim21 on March 30, 2018, 11:54:46 AM
can i ask guys what is bitcore application in pc what is the benefits of it? ... because that app consume 200gb memory storage
Actually you can run core wallet with -prune 500 command line and it will cut all old bloks, so making database only 500 megabytes.
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