Bitcoin Forum
June 25, 2018, 02:30:26 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Technical question  (Read 474 times)
romanticon
Full Member
***
Offline Offline

Activity: 123
Merit: 100


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


1529937026
Hero Member
*
Offline Offline

Posts: 1529937026

View Profile Personal Message (Offline)

Ignore
1529937026
Reply with quote  #2

1529937026
Report to moderator
1529937026
Hero Member
*
Offline Offline

Posts: 1529937026

View Profile Personal Message (Offline)

Ignore
1529937026
Reply with quote  #2

1529937026
Report to moderator
1529937026
Hero Member
*
Offline Offline

Posts: 1529937026

View Profile Personal Message (Offline)

Ignore
1529937026
Reply with quote  #2

1529937026
Report to moderator
Automated Bitcoin Fork Extraction Tool WE DO TOUGH WALLETS: BCH | BTG | BCD | SBTC | UBTC | B2X | BCX | BTF Electrum 2FA, Trezor, Ledger, SegWit, Bech32
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529937026
Hero Member
*
Offline Offline

Posts: 1529937026

View Profile Personal Message (Offline)

Ignore
1529937026
Reply with quote  #2

1529937026
Report to moderator
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1004


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!