To be clear, Bitcoin Core is the software that enables nodes to run on the Bitcoin blockchain. It has led to some confusion about what Bitcoin Core actually is. Bitcoin Core is the main software with which Bitcoin nodes are managed, a direct descendant of the original software created by Satoshi Nakamoto in 2008. ![]() Schnelli started working on Bitcoin Core in 2013, and became a full-time maintainer in 2015, but after eight years he decided to quit. ![]() In the past, certain prominent individuals of the Bitcoin Cash community have incorrectly referred to Bitcoin as Bitcoin Core, wanting to draw a clear distinction between Bitcoin and Bitcoin Cash, a cryptocurrency that resulted from a disagreement between members of the Bitcoin community and resulted in a hard fork. Jonas Schnelli, a life as a Bitcoin Core developer. Running a node gives you voting power in deciding whether these changes should be implemented. The software allows members of the community to, yes, run a node, but it also gives nodes the ability to create a Bitcoin Core wallet and it’s used by developers to test network changes on the so-called testnet before implementing these changes to the Bitcoin blockchain. ![]() It’s this element that makes Bitcoin decentralised, and why it’s referred to as a peer-to-peer network.īut there’s more to Bitcoin Core. Listen To The Episode Here: Apple Spotify Google Libsyn Overcast In this week’s episode of Bitcoin Bottom Line, hosts C.J. If the Bitcoin blockchain is the spine of the network, and nodes the brain, then Bitcoin Core can be considered the nervous system.Īny person with a computer can host a node. The Bitcoin community consists of members that support the Bitcoin network by hosting a version of the blockchain and its entire history of transactions on their computers, which are called nodes.īitcoin Core is the software that enables these nodes to run on the Bitcoin network.
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