Bitcoin Stack Exchange

Bitcoin News / Bitcoin Stack Exchange - 1 year ago

Drastic decrease in peers

Been running a standalone node on the same hardware for some years now. I run this node simply as a supportive node, unlocked bandwidth to facilitate people bootstrapping the blockchain. No settings have changed recently. I noticed...

Bitcoin News / Bitcoin Stack Exchange - 1 year ago

Bitcoin hash rates/difficulty

Difficulty is defined relatively: it is how much more difficult it is to mine a block compared to a fixed "maximum target", which corresponds to roughly 232 hashes. In more detail, a Bitcoin block is PoW-valid when its hash (interpreted as a 256-bit...

Bitcoin News / Bitcoin Stack Exchange - 1 year ago

Does Bitcoin fee depend on amount?

A Bitcoin transaction is a combination of one or more inputs and one or more outputs. Each input is itself an out put of a previous transaction. So it is not liquid. I think it is good to think of them as paper banks. If you buy something that costs...