The Latest Bitcoin Core Version to Be Included by Miners Soon

The Bitcoin Core has received an upgrade. The new update- Bitcoin Core 0.12.1 will soon be incorporated by all the mining pools. Unlike other updates, the Bitcoin Core 0.12.1 is more focused towards improving the scalability of the Bitcoin network. Some of the main features of this new update include support for four different Bitcoin Improvement Proposals – BIP 9, BBIP 68, BIP 112 and BIP 113.

The inclusion of these new BIPs makes Bitcoin Core more compatible to soft forks and the implementation of Lightning Network, the purported solution for block size and transaction backlog issues. Released on 15th April 2016, the new version of Bitcoin Core can be downloaded from the following link on website. According to the website, the new version of Bitcoin Core will set the block version number to 0x20000001 between 0000 hrs. on May 1, 2016, and 0000 hrs. of May 1, 2017, making it readily deployable. The implementation of BIP 9 makes it possible for the inclusion of other BIP soft forks over time.

Some of the features that can be readily integrated into the new Bitcoin Core version includes sequence locks for relative locktime as prescribed by BIP 68.

Read more ... source: TheBitcoinNews

News from Darknet