| submitted by /u/expertbit
According to LongHash, every year, more than $ 87.3 billion is spent on mining gold. In contrast, less than $ 4.3 billion is used to mine Bitcoin.
Google Alert – bitcoin
Investors saw this last year when Bitcoin's 1,400 percent surge dominated headlines, yet smaller peers such as Ripple and Stellar far outperformed the world's biggest cryptocurrency. When Bitcoin rallied, its tight correlation with rivals broke down, according to a Bloomberg analysis. On the contrary …
Google Alert – bitcoin
Peter Rizun (head BU dev):
"To have a fee market with no block size limit you need Bitcoin's inflation rate to be nonzero"
"I don't believe a fixed supply is a central property of Bitcoin."
Roger Ver has also said that he is okay with the risk of bitcoin becoming paypal 2.0
I think if this was more widely known there would be much less support.
How are people supposed to use it on their localhost to build scripts to connect and debug? I have checked their v2 api, and there is no option for local debugging, how are we supposed to get around this?
Apparently, Bitcoin Core 0.13 will download part of the blockchain again, even though 0.12 already saved it on the disk.
debug.log shows the last block it downloaded with 0.12:
2016-08-15 09:07:28 UpdateTip: new best=000000000041eb2ccd0ed06d5bb632cf27b7ed584a669660cac28e1b71973720 height=922283 log2_work=67.979045 tx=10868067 date=2016-08-15 09:02:06 progress=1.000000 cache=7.3MiB(3942tx)
Later, some relevant excerpts from the
2016-08-15 09:40:14 Bitcoin version v0.13.0rc3 [...] 2016-08-15 09:40:28 LoadBlockIndexDB: hashBestChain=000000000041eb2ccd0ed06d5bb632cf27b7ed584a669660cac28e1b71973720 height=922283 date=2016-08-15 09:02:06 progress=0.999999 2016-08-15 09:40:28 init message: Rewinding blocks... [...] 2016-08-15 09:47:48 UpdateTip: new best=0000000000211a4d54bceb763ea690a4171a734c48d36f7d8e30b51d6df6ea85 height=828576 version=0x20000000 log2_work=67.431752 tx=10111478 date='2016-05-12 19:05:48' progress=0.997200 cache=3.1MiB(7756tx) 2016-08-15 09:47:50 UpdateTip: new best=00000000000f0d5edcaeba823db17f366be49a80d91d15b77747c2e017b8c20a height=828575 version=0x20000000 log2_work=67.431752 tx=10108953 date='2016-05-12 19:05:43' progress=0.997200 cache=3.3MiB(9069tx) 2016-08-15 09:47:52 UpdateTip: new best=000000009c9e433e9a79e5b9e42c80848978d76c7078e0d35c706eea35dc4602 height=828574 version=0x20000000 log2_work=67.431752 tx=10106552 date='2016-05-10 19:28:48' progress=0.997141 cache=3.6MiB(11260tx) 2016-08-15 09:47:52 UpdateTip: new best=0000000000002fa99e0fa83ba05aa380f392c625e11807018c7ab2f84f773331 height=828575 version=0x20000000 log2_work=67.431758 tx=10106553 date='2016-05-10 17:32:25' progress=0.997138 cache=3.6MiB(11261tx) [...] 2016-08-15 09:47:53 UpdateTip: new best=00000000004f22c4274b2358897f2b4abf001918629e241130fd3d1eafc4bfe6 height=829552 version=0x20000000 log2_work=67.44607 tx=10117642 date='2016-05-13 07:36:33' progress=0.997218 cache=4.4MiB(13128tx) 2016-08-15 09:47:53 UpdateTip: new best=0000000000f6287b3a4e30d86b07733862a6d5da4c00a897e2958f3831a6c6e8 height=829553 version=0x20000000 log2_work=67.44607 tx=10117643 date='2016-05-13 07:56:35' progress=0.997218 cache=4.4MiB(13129tx)
So apparently it was rewinding the blocks on disk and then reading some of them again from disk. Right now, it is fetching from the network, though.