Bitcoin blockchain size reaches 100 GB | Coinfox

According to CoinDance , the current size of full bitcoin blockchain equals 100.18 GB. As of now, there are about 4,500 to 5,000 full bitcoin nodes constantly online.

The news about the blockchain reaching the 100 GB milestone met a mixed reaction on Reddit.

"Will we lose some nodes, which are running on virtual servers (due to more expensive tarif needed)," user ltogo wonders.

Other commenters noted that the key issue is not the size of files but the limited bandwidth capacity for some nodes connecting to the Internet through TOR.

"Its not about storage space its about...

Read more


Website: http://www.coinfox.info

Related topics : bitcoin blockchain size gb / bitcoin blockchain size current / bitcoin blockchain size limit / bitcoin blockchain size issue / bitcoin blockchain size problem

The problem with bitcoin and blockchain technology

The problem with bitcoin and blockchain technology

by

Cameron McKenzie

TechTarget

It's not just bitcoin's prodigious appetite -- it uses as much energy as the country of Slovenia. Security scares and long transaction times cast doubt on its viability.

This Article Covers

Share this item with your network:

Related Content

CIO Trends #2 -ComputerWeekly.com

It's stunning to see the price of bitcoin...

Read more


Website: http://www.theserverside.com

Why are Bitcoin investors suddenly flocking to Litecoin?

Just today, Litecoin has seen prices rise by 81 percent with the price of a single Litecoin going up to $328.92.�

Up by 4000 percent from year to date, Litecoin seems to be skyrocketing higher than its digital sibling Bitcoin, in terms of just growth.

Experts have already anointed Litecoin to be the 'silver' to Bitcoin's gold.

According to Coinmarketcap, Litecoin ranks fourth after Bitcoin,...

Read more


Website: https://yourstory.com

Why a Bitcoin Full Node? | Raspberrypifullnode

Why a Bitcoin Full Node?

Bitcoin is a digital currency supported by a peer-to-peer network. In order to run efficiently and effectively, it needs peers run by different people....and the more the better.

This tutorial will describe how to create a Bitcoin "full node" (a Bitcoin server that contains the full blockchain and propagates transactions throughout the Bitcoin network via peers). This...

Read more

Date: 2017-11-25 12:33:40
Website: http://www.raspberrypifullnode.com

Related topics : will bitcoin be the one world currency / bitcoin mining software windows server / bitcoin mining windows server / bitcoin mining server software / bitcoin server mining

Instructions To Get A Bitcoin Address | CoinQA

How to get a bitcoin address ? How to generate a bitcoin address ? I just downloaded bitcoin wallet on my PC but i don't find any bitcoin address. These are some of the questions we are getting almost daily from our readers. In this article we'll show you various ways to get your very own bitcoin address.

Let's start with bitcoin address : bitcoin address is just like email address, Facebook i'd� etc. Bitcoin address is an identifier of 27-34 alphanumeric characters, beginning with the number 1 or 3. For example " 12B2grAGYY8A8jGJbA6KDxvxVptJFSfnEV "

You can obtain or generate your personal address with in bitcoin wallet. Bitcoin wallet are...

Read more

Date: 2017-12-30 10:41:46
Website: http://www.coinqa.org

Related topics : get a bitcoin wallet address / bitcoin wallet address generator / create a bitcoin wallet address / bitcoin wallet address example / bitcoin wallet address blockchain

Running a Bitcoin full node on $5 a month - Marc Bevand

In the context of the Bitcoin scaling debate, small blockers believe that if the block size limit is doubled, running a fully validating Bitcoin node will become expensive and only well-funded corporations will be able to run nodes, hence increasing centralization.

However facts and data disprove this narrative.

Here is a fact: despite blocks currently averaging 1 MB it is possible to run a full...

Read more

Date: 2017-12-28 20:39:12
Website: http://blog.zorinaq.com

Related topics : bitcoin transactions per block / current bitcoin block size / current bitcoin block version / bitcoin transactions fee / current bitcoin transaction fee