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Showing 9 of 9 results by hhatton93
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Topic
Board Beginners & Help
Re: Bitcoin Core/Running a node
by
hhatton93
on 23/01/2025, 16:40:17 UTC
I finished downloading a pruned version of Bitcoin Core. I see the network traffic moving, does this mean I am actually running a node?

Yes.

Is there more I should do next?
I saw a video that showed a guy allowing incoming connections on bitnodes.io.

That video probably used bitnodes.io to verify his node actually can accept incoming connection.

Also, I noticed I'm using client version 27.0 is that correct?

It's not latest version of Bitcoin Core, but you won't face problem running older version.

When Bitcoin gets updated does it require one to reinstall Bitcoin Core?

What do you mean by update? If you mean network upgrade (such as SegWit addition), you're not required to upgrade version of Bitcoin Core. But you'll miss feature and functionality related with the network update.

Just like 28.0, when it moves on to 29.0 etc. But one responded that it isn't a problem to use an older version. Thanks for everyone's responses.
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Topic
Board Beginners & Help
Merits 3 from 2 users
Topic OP
Bitcoin Core/Running a node
by
hhatton93
on 21/01/2025, 23:19:07 UTC
⭐ Merited by Pmalek (2) ,btcltcdigger (1)
A few questions:

I finished downloading a pruned version of Bitcoin Core. I see the network traffic moving, does this mean I am actually running a node? Is there more I should do next?
I saw a video that showed a guy allowing incoming connections on bitnodes.io. Also, I noticed I'm using client version 27.0 is that correct? When Bitcoin gets updated does it require one to reinstall Bitcoin Core?
Post
Topic
Board Beginners & Help
Re: Bitcoin Core
by
hhatton93
on 03/01/2025, 23:23:03 UTC
ok great, I guess that's what is meant by a lightweight node.
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Topic
Board Beginners & Help
Re: Bitcoin Core
by
hhatton93
on 03/01/2025, 21:27:12 UTC
I don't have 624 gigabytes of space. I've always used a laptop. I'm not very tech savvy; is there a way I can update my laptop to do that? Or would I need to buy some kind of new one?
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Topic
Board Beginners & Help
Topic OP
Bitcoin Core
by
hhatton93
on 25/12/2024, 03:11:33 UTC
I am trying to download Bitcoin Core, but I keep running into the problem: "Unable to replay blocks. You will need to rebuild the database using reindex chainstate." What is likely the problem?
Post
Topic
Board Bitcoin Discussion
Re: Lost Bitcoin
by
hhatton93
on 19/02/2024, 22:33:08 UTC
OP I think you or the person who has lost the funds should be more careful, although this claim of yours needs a little proof so please show that also to confirm whether you are saying true or not, and how did you lose the funds I mean did someone stole the keys, or you forget the keys and don't have any access to your funds now?

And is it was 4 to 5 million dollars worth of BTC! as your statement indicates as they are 4 to 5 million BTC which got lost not the 4 to 5 million dollars worth of BTC. I just searched on Google and it says that now a total of 3.7 million BTC have been lost out of 19.6 million circulating supply (Article is 2+ months old--> Source
Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.
That's why I love Satoshi hehe, He has swag.

I didn't lose anything, just wondering.
Post
Topic
Board Bitcoin Discussion
Re: Lost Bitcoin
by
hhatton93
on 19/02/2024, 22:18:13 UTC
Yo,

So apparently there's like 4-6 million bitcoin that are lost and gone? Just curious if there was any ideas or plans to update the protocol to replace the lost bitcoins if there was a consensus, if that is even possible.

All the lost Bitcoin only mean a lower maximum supply. That causes the vaue of Bitcoin to go up. Less supply and more demand is just what we need. In fact, this will continue happening and Bitcoin value will continue rising. There is absolutely nothing wrong with this. Think of it this way: If a Bitcoiner loses his coins because they died or lost access to their wallet, all hodlers receive a kind of inheritence, automatically.

Is that not a great thing?

We should not change anything about this.



I guess? but considering all the big dick companies and gov'ts are accumulating and hoarding most of the btc, maybe having more btc available could allow more average folks to jump into the market? Plus after all, bitcoin was meant to be 21 million, not 21 million, but X amount is missing! sadge.
Post
Topic
Board Bitcoin Discussion
Re: Lost Bitcoin
by
hhatton93
on 19/02/2024, 22:02:35 UTC
So apparently there's like 4-6 million bitcoin that are lost and gone? Just curious if there was any ideas or plans to update the protocol to replace the lost bitcoins if there was a consensus, if that is even possible.
So that thieves (who are not the actual owners of the coins) should be claiming lost coins?

They should prove with their private keys that they are the owners.

You can not know the exact number of bitcoin that are lost because you can not say all coins that are not moved to another address are lost. Or which methodology did you use to arrive at 4 to 6 million BTC to have been lost?

I was watching a video on YouTube: https://www.youtube.com/watch?v=0_X3OwmKvkQ

In any case thanks for all the responses guys.
Post
Topic
Board Bitcoin Discussion
Topic OP
Lost Bitcoin
by
hhatton93
on 19/02/2024, 16:05:15 UTC
Yo,

So apparently there's like 4-6 million bitcoin that are lost and gone? Just curious if there was any ideas or plans to update the protocol to replace the lost bitcoins if there was a consensus, if that is even possible.