Bitcoin Forum
August 17, 2017, 04:11:59 AM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Technical question  (Read 453 times)
romanticon
Full Member
***
Offline Offline

Activity: 123


View Profile
November 11, 2011, 01:27:46 PM
 #1

Hi,

Should My local wallet be aware of all the Transactions being proceed in order to
get the relevant to me Transactions ? If that is correct how it is going to work in very big scale ?

Thanks in advance


There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1502943119
Hero Member
*
Offline Offline

Posts: 1502943119

View Profile Personal Message (Offline)

Ignore
1502943119
Reply with quote  #2

1502943119
Report to moderator
1502943119
Hero Member
*
Offline Offline

Posts: 1502943119

View Profile Personal Message (Offline)

Ignore
1502943119
Reply with quote  #2

1502943119
Report to moderator
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218


Gerald Davis


View Profile
November 11, 2011, 01:45:24 PM
 #2

Your wallet may not be aware of every 0-confirm transaction is the network is large enough but every confirmed transaction is part of the block chain.  The main wallet needs the entire block chain to validate transactions. 

There are lightweight wallets which rely on a trusted server to handle the work of parsing the blockchain.  As the blockchain grows that may be an option for more users.  There are also discussion on protocols which would allow lightweight clients to get "assistance" from the network of full clients in order to eliminate the trust issue.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!