Bitcoin Core introduces new optimization technology
Cryptocurrencies originating from more sophisticated assets are very popular today. Many coins issued on the basis of Bitcoin are actively developing today as independent projects. The popular altcoin Bitcoin Core is no exception. The developers of the coin announced the introduction of a new technology into the cryptocurrency protocol. The measure used will improve the optimization of the coin and take the scalability of the coin to the next level. Next, we will discuss the applied technology in detail. Let’s highlight its advantages and prospects for Bitcoin Core. So let’s get started.
More about the technical solution
A well-known figure in the modern cryptoindustry was responsible for the development of the new technology. Hal Finney, who has tested many protocols that optimize and improve cryptocurrencies, helped provide a new solution for Bitcoin Core. The developer who received the first transfer of Bitcoins from Satoshi Nakamoto himself will no longer be able to renew the patent for the developed technology. Hal has been gone since 2014. Thus, commercial companies like Bitcoin Core can safely and legally implement a unique solution in their own work. Thanks to Hal’s solutions, theoretically, the speed of transfer transactions should increase by as much as 25%. Agree that the acceleration of transfers by a whole quarter is a serious indicator.
Until now, despite the previously valid patent, active tests of this technology were carried out. The project has been fully researched and can be implemented in Bitcoin Core. The next Bitcoin Core update will make transactions much faster. Which will definitely appeal to coin users. By the way, let’s sanely evaluate the cryptocurrency for 2020. Is Bitcoin Core worthy of serious attention, or are the updates installed just minor benefits? Let’s figure it out.
Bitcoin Core state for 2020
In fact, Bitcoin Core is one of the most progressive coins today. This is confirmed by the high popularity of this altcoin among both beginners and experienced users. Recall that over the past few updates, Bitcoin Core has introduced quite serious technologies. In particular, the Asmap protocol, which can protect the coin from government interference. The coin is not susceptible to erebus attacks. So stable operation is guaranteed even with government sanctions from one side or the other. Also, the cryptocurrency is actively fighting problems in mining. The developers of the coin have implemented a solution that allows them to identify computers that are transmitting incorrect data. And lower their status in the system. Thus, fair and easy mining of cryptocurrency is ensured for all users of the system.
And the coin, which is remarkable, does not stop there. Obviously, the developers are still planning a lot of updates that will also make Bitcoin Core better, more efficient and easier to use. Nevertheless, even now, a beginner can easily start interacting with this coin. There is nothing difficult in the full use of Bitcoin Core. The main thing is to stay up to date with the latest news from the crypto industry and the world of technology. After all, the position of the coin can change at any moment, both for the better and for the worse. Follow the digital industry with us. We publish only high-quality and interesting material. Thank you for attention. We wish you good luck. And enjoy using the updated Bitcoin Core!