Reading 2 minutes Published Updated
Bitcoin Core has released version 25.0. The most recent update includes many new features, bug fixes, performance improvements and translation updates.
Bitcoin Core, the reference implementation of the Bitcoin (BTC) protocol, is essential to the operation and security of the Bitcoin network.
BTC reacted positively to the news of the upgrade. At the time of writing, BTC is trading at $28,009, up 3.2% over the past 24 hours, according to crypto market tracker Coingecko. The cryptocurrency is up almost 5% in the last seven days.
Source: Koingeco
This update brings significant improvements to transaction policies and expands the use cases for reduced transaction sizes.
The latest version of the full node client allows users to validate transactions, keep a copy of the blockchain, and participate in the consensus process.
Notable changes are peer-to-peer (P2P) and network modifications, new remote procedure calls (RPCs) that will enable fast wallet rescans, and updated RPCs.
Mempool and relay policies now allow transactions with a non-witness size of 65 bytes or more.
Bitcoin Core: A Brief Overview
Bitcoin Core is a software application that makes it easy to use and interact with Bitcoin. As the canonical reference implementation of the Bitcoin protocol, this version of the software is the most accepted and trusted.
Think of Bitcoin Core as the “brain” of Bitcoin. This facilitates the creation and administration of digital wallets, which are similar to virtual bank accounts for storing and transferring Bitcoin.
In addition, it connects users to the Bitcoin network, a decentralized network of computers that come together to confirm and record Bitcoin transactions.
Bitcoin Core is built to be secure and trustworthy. It uses cryptography to secure your transactions and Bitcoin. It also includes a built-in wallet and an intuitive interface that makes it easy for users to manage their Bitcoins.
BTCUSD returns to the area of 28 thousand dollars. Chart: TradingView.com
Be optimistic about the future of Bitcoin
The update seems timely as it came at a time when the Bitcoin network needed to address the scalability and transaction performance issues created by the advent of ordinals.
Bitcoin Core, now available on GitHub, is carefully evaluated and supported on Linux, macOS 10.15, Windows 7 and later.
While it should also work on other Unix-like systems, it is not tested as often and is therefore not recommended for unsupported platforms.
As a result of ongoing development and improvements, the Bitcoin community remains optimistic about the future of the leading cryptocurrency and expects its price to rise.
– Featured image from the Bitnovo blog