Bitcoin Halving Countdown CoinMarketCap

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#Ethereum reached the extraordinary mark of 10 million blocks on May 4. Ethereum's #blockchain #miners have shown an impressive performance by producing this amount of blocks in five years. Its #block count is now 270 thousand blocks more than #Bitcoin.

#Ethereum reached the extraordinary mark of 10 million blocks on May 4. Ethereum's #blockchain #miners have shown an impressive performance by producing this amount of blocks in five years. Its #block count is now 270 thousand blocks more than #Bitcoin. submitted by Tokenncoin to Tokenncoin [link] [comments]

Bitcoin is an adversarial network; by my count there were 68 attempts in the past week to feed an invalid block to my node. There was also an attempt to create 234,512 BTC out of thin air. This is why we don't trust, we verify.

Bitcoin is an adversarial network; by my count there were 68 attempts in the past week to feed an invalid block to my node. There was also an attempt to create 234,512 BTC out of thin air. This is why we don't trust, we verify. submitted by Bitcoin_21 to Bitcoin [link] [comments]

In early 2013, it became a common belief that new Bitcoin users should not be recommended Bitcoin-QT, the full node client. Bitcoin.org was changed to no longer exclusively recommend it. Two years later, the block size conservatives are saying the drop in full node count was due to block size

I distinctly remember that the recommending of Bitcoin-QT to new Bitcoin users became a faux pas in early 2013. It was claimed that regular people should download and install an SPV client like Multibit.
Predictably, there was a large drop in the full node count, as the wallet market became dominated by a large number of new, light clients, and the most trafficked Bitcoin website, bitcoin.org, stopped exclusively recommending people to install Bitcoin-QT.
Now, we have important developers like Luke-Jr claiming that this 95% drop in full node count can be mainly attributed to the growing size of the block chain, despite the fact that the drop began right when light clients began being recommended..
EDIT to add some data:
This is the image that GMaxwell and Peter Todd, two individuals who are conservative about the block size (in particular Peter Todd, who's been warning about increasing the 1 MB size limit since 2013), have linked to to make their point about the full node count:
http://i.imgur.com/EL0zHRe.jpg
Up until at least March 18, 2013, the only client recommended to visitors of bitcoin.org was Bitcoin-QT, and an installation link for it was provided right on the landing page:
https://web.archive.org/web/20130318211940/http://bitcoin.org/
The WayBack Machine shows that by March 25th, 2013, this had changed, and a 'Choose Your Wallet' button appeared on Bitcoin.org/:
https://web.archive.org/web/20130513214959/http://bitcoin.org/en/
From March 25th 2013 onward, the number of non-full-node wallets recommended by bitcoin.org increased, in response to a general increase in the number of high quality and/or well marketed light and mobile wallets on the market.
Now a days, Bitcoin-QT is one of twelve clients displayed on bitcoin.org's Choose Your Wallet page:
https://bitcoin.org/en/choose-your-wallet
Other than Bitcoin-QT and Bitcoin Armory, all of them are non-full-node clients.
This shift, from a wallet market where only Bitcoin-QT was available and recommended to one that is increasingly diverse and dominated by light clients, coincides with the point (Spring 2013) where we start seeing a rapid decline in the full node count.
submitted by aminok to Bitcoin [link] [comments]

PSA: Adjusted for difficulty, the Bitcoin ABC blockchain is 1 full additional block ahead than the current block count suggests.

According to Fork Monitor Bitcoin SV has achieved 87.723006 Accumulated log2(PoW) at block height 556803.
Bitcoin ABC acheived this milestone one block earlier at block height 556802.
If you adjust for difficulty, SV is one full additional block behind the current block differential.
Update 2: SV is now 2 full additional blocks behind in addition to the current differential when adjusting for difficulty.
submitted by CaptainPatent to btc [link] [comments]

Bitcoin transaction count drops by 42% as Veriblock's testnet ends - The Block Crypto

Bitcoin transaction count drops by 42% as Veriblock's testnet ends - The Block Crypto submitted by ulros to fbitcoin [link] [comments]

The "full nodes" on the Legacy/SegWit chain do not count as complete network nodes in Bitcoin. They are only "simplified nodes". In order to be a node, it also has to vote with its hashpower and generate blocks for the network. Total node count is irrelevant.

submitted by fruitsofknowledge to btc [link] [comments]

According to the long standing definition of 'blockchain' on Wikipedia, Bitcoin Cash is the main chain and BlockStream's SegWit coin is an orphan chain which will most likely never be the main chain because it is 1236 blocks behind (and counting)

According to the long standing definition of 'blockchain' on Wikipedia, Bitcoin Cash is the main chain and BlockStream's SegWit coin is an orphan chain which will most likely never be the main chain because it is 1236 blocks behind (and counting) submitted by n9jd34x04l151ho4 to btc [link] [comments]

/r/bitcoin user count has been inflated all day long. Can't remember the last time recently there were 400+ users at 1am. But no, this has nothing to do with the front page of this sub or the "full" blocks....

submitted by Clean1313 to Bitcoin [link] [comments]

Ethereum's network is not all DeFi and Speculation; it is also art, sports, and games

Ethereum's network is not all DeFi and Speculation; it is also art, sports, and games submitted by aminok to CryptoCurrency [link] [comments]

PSA: Adjusted for difficulty, the Bitcoin ABC blockchain is 1 full additional block ahead than the current block count suggests. /r/btc

PSA: Adjusted for difficulty, the Bitcoin ABC blockchain is 1 full additional block ahead than the current block count suggests. /btc submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

PSA: Adjusted for difficulty, the Bitcoin ABC blockchain is 1 full additional block ahead than the current block count suggests. /r/btc

PSA: Adjusted for difficulty, the Bitcoin ABC blockchain is 1 full additional block ahead than the current block count suggests. /btc submitted by cryptoanalyticabot to cryptoall [link] [comments]

Core: If youre going to claim bigger blocks cause centralization, please provide the exact minimum node count at which bitcoin becomes centralized and no longer secure. /r/btc

Core: If youre going to claim bigger blocks cause centralization, please provide the exact minimum node count at which bitcoin becomes centralized and no longer secure. /btc submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Vote with your Bitcoin Cash

Vote with your Bitcoin Cash submitted by MemoryDealers to btc [link] [comments]

Core: If youre going to claim bigger blocks cause centralization, please provide the exact minimum node count at which bitcoin becomes centralized and no longer secure. /r/btc

Core: If youre going to claim bigger blocks cause centralization, please provide the exact minimum node count at which bitcoin becomes centralized and no longer secure. /btc submitted by cryptoanalyticabot to cryptoall [link] [comments]

The censorship here is awesome. /s I keep testing it. I've had about 30 accounts blocked. It keeps addind to the subscriber count which is bullshit... /r/Bitcoin

The censorship here is awesome. /s I keep testing it. I've had about 30 accounts blocked. It keeps addind to the subscriber count which is bullshit... /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

'Bitcoin Classic' Mines First Block, Doubles Node Count to 1000

'Bitcoin Classic' Mines First Block, Doubles Node Count to 1000 submitted by smidge to btc [link] [comments]

01-02 09:42 - 'The censorship here is awesome. /s I keep testing it. I've had about 30 accounts blocked. It keeps addind to the subscriber count which is bullshit...' (self.Bitcoin) by /u/234username removed from /r/Bitcoin within 52-62min

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The censorship here is awesome. /s I keep testing it. I've had about 30 accounts blocked. It keeps addind to the subscriber count which is bullshit...
Go1dfish undelete link
unreddit undelete link
Author: 234username
submitted by removalbot to removalbot [link] [comments]

The censorship here is awesome. /s I keep testing it. I've had about 30 accounts blocked. It keeps addind to the subscriber count which is bullshit... /r/Bitcoin

The censorship here is awesome. /s I keep testing it. I've had about 30 accounts blocked. It keeps addind to the subscriber count which is bullshit... /Bitcoin submitted by cryptoallbot to cryptoall [link] [comments]

how does a miner build a new block that is counted among the limited 21 million bitcoins?

it seems to me that using this method, all of the limited amount of bitcoins would be used up quickly.
submitted by striger to Bitcoin [link] [comments]

Bitcoin is an adversarial network; by my count there were 68 attempts in the past week to feed an invalid block to… https://t.co/Hi7OonOTds - Crypto Insider Info - Whales's

Posted at: June 20, 2018 at 05:15PM
By:
Bitcoin is an adversarial network; by my count there were 68 attempts in the past week to feed an invalid block to… https://t.co/Hi7OonOTds
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submitted by cryptotradingbot to cryptobots [link] [comments]

Bitcoin is an adversarial network; by my count there were 68 attempts in the past week to feed an invalid block to my node. There was also an attempt to create 234,512 BTC out of thin air. This is why we don't trust, we verify.

Bitcoin is an adversarial network; by my count there were 68 attempts in the past week to feed an invalid block to my node. There was also an attempt to create 234,512 BTC out of thin air. This is why we don't trust, we verify. submitted by SimilarAdvantage to BitcoinAll [link] [comments]

[Draw #59] It’s almost time to see who our winner is, the draw awaits!

Here’s the part where we get one in the crowd.

TL;DR - This post is for the sole purpose of choosing a winner. If you commented in this [Drawing Thread], you are entered in the drawing and don't need to do anything else. By 16:00 UTC, the winner will be selected. The Bitcoin (BTC) blockchain will be used to pick this winner. This can be verified at any device running Python 3.5, and you do not need to own Bitcoin in order to participate.
Additionally, all information to replicate the Drawing at home is available on Dropbox and GitHub, scroll down for more information.
Importantly, this post WILL NOT BE EDITED in order to keep the integrity of the Drawing. To verify this, there will not be an asterisk during the time passed since its creation. The winner will be announced in a stickied comment.
DISCLAIMER: Some of the information may be unrevised, but procedures are the same as prior draws. Thank you.
Off Topic:
The [Discussion] Thread at /millionairemakersmeta is open. All comments are welcome there for any inquiries.
[Discussion for Fall and Winter 2020-2021]: https://old.reddit.com/millionairemakersmeta/comments/iw8mse/_/
Explanation!
The Bitcoin (BTC) blockchain will be used to choose a winner. Once the time listed has passed, there will be an active check to determine the blockchain's winning hash. Like before, this subreddit will wait for the 3rd Block after the time (being 16:00 UTC) to select the winner.
If a block is discovered by 15:59 UTC, it will not be counted towards the counter of three blocks. If it's discovered by 16:00:00 UTC, then it will decrease the counter. This can be checked by seeing the timestamp given to it by blockchain explorers.
You are able to see how this subreddit will verify the winner by checking the GitHub repository, which also includes a back-up plan in case of an emergency.
Standard Protocol:
This post will not be edited! This is to prevent tampering of the hash or files by any of the moderators. To prove this, look for the lack of an asterisk near the time since creation.
To verify if a hash for a file is that of Draw #59, upload the file of choice to a SHA-256 generator, and match it with its respective hash output. The result you receive should be the same as what is listed here.
If you are interested in doing this for yourself, download Python 3.5 or better and follow the path to the folder labeled: MM59
Status Reports:
I will be commenting on the progress of the drawing via the comments, so other users can keep track of the progress. These comments will be pinned at the top of the post and be distinguished. Most likely, after 1:00 PM ET, the pinned comment will be announcing the winner.
If you can run Python yourself and follow the instructions, you will be able to find the winner. Make sure the hash released from the blockchain and the total number of participants match with what is described below. In addition, thank you for your patience.
Information Used For Draw #59:
GitHub Repository: https://github.com/lilfruini/CommentGathering-MillionaireMakers/tree/masteMM59 SHA-256 of Comment IDs: 6bdfd8d448bad1a0e13011f269b1d1d6b83416a872b0ea79493c075d53506461 SHA-256 of Authors: ed70c96c86ec382e462e8c045e2a9fcdd6b8665b4e6fdd4f180185508e97bc10 SHA-256 of DQed Age: 89db4164e849a1a5638eaf69249b552fe475c7091c9f34792b0907d367fec80e SHA-256 of Multiple Posters: f3c08ddbec20b198b0f8fc5fca351919aa856b4a9bb03993fbe003021b367dc9 SHA-256 of Truncated IDs: acca048cd9bc8dfaf8d65987c45c31d704955e69fc8af141105b9af4573a8a73 Block Selection: The Third Bitcoin Block After 18 October 2020 - 16:00:00 UTC Total Participants: 7,252 
submitted by MakerOfMillionaires to millionairemakers [link] [comments]

'Bitcoin Classic' Mines First Block, Doubles Node Count to 1000 How Cognitive and Blockchain are transforming Regtech, Counter Fraud & Customer Service Blockchain in 2 Minutes with Excel - YouTube Blockchain Course Intro Bitcoin JSON-RPC Tutorial 1

The most popular and trusted block explorer and crypto transaction search engine. For this upcoming Bitcoin halving (also known as halvening), the total number of Bitcoin mined by miners per block will be reduced from 6.25 BTC to 3.125 BTC. Why Are Halvings Significant? As rare as an eclipse, a World Cup and your best friend buying you a drink, the Bitcoin halving generates a lot of excitement in crypto circles. They are at the very core of the cryptocurrency’s economic ... Block is a permanently recorded file at Bitcoin containing information on occurred transactions. Block is the record of the every recent transaction or its part that has not been recorded in the previous blocks. Practically in all cases blocks are added to the end of the chain, which contains all transactions and is called blockchain.When a block is added to the end of the chain, it cannot be ... What is a block halving event? As part of Bitcoin's coin issuance, miners are rewarded a certain amount of bitcoins whenever a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block ... Bitcoin transactions are broadcast to the network by the sender, and all peers trying to solve blocks collect the transaction records and add them to the block they are working to solve. Miners get incentive to include transactions in their blocks because of attached transaction fees. The difficulty of the mathematical problem is automatically adjusted by the network, such that it targets a ...

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'Bitcoin Classic' Mines First Block, Doubles Node Count to 1000

Share your videos with friends, family, and the world An introduction to the Bitcoin JSON-RPC tutorial series. BTC: 1NPrfWgJfkANmd1jt88A141PjhiarT8d9U ₿ Folge mir jetzt auf Twitter. Dort bekommst Du von mir Breaking News zu Bitcoin, Altcoins und dem Krypto-Markt: https://twitter.com/AlexMittermeier/ ₿ TI... High level overview of how blockchain woks The competing variant to Bitcoin Core just mined its first block with P2XTPool. Bitcoin Classic node count has also doubled, and at least some Classic supporters hope to “stay together.”

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