I am running bitcoind for the first time, mine is at 218590 blocks at the moment and it looks like its only getting 2 blocks per minute now.
Is it normal that bootstrap.dat (4.5gb) takes more than 10 hours to update the whole blockchain?
Hi Abdussamad,
I have read about electrum before but is it usable for a bitcoin payment gateway system?
Btw, I found out that using the new version 0.8 it only takes a couple hours to process the whole blockchain.
The bootstrap.dat torrent includes blocks up to 216116, the complaint is about speed after this point.
The quotes above show the original poster already found out his problem is from not using the newest version of Bitcoin. No need to respond.That is in theory. In practice there is a bug with the 0.8.0 version where only ~70K blocks are loaded from the bootstrap.dat file instead of 200k+. This is my experience and you can read about it on this thread: