Join our Telegram Channel!Get Bitcoin News stories in Telegram × DismissAsk Ubuntu Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 0 down vote favorite Hello so yesterday I tyried to install Armory, a bitcoin desktop wallet, to house my bitcoins.I am doing this for the sake of undertsanding bitcoins a little more and I do not plan to put large quantities in it as of right now, I am not that stupid.Anyways so I installed armory in ubuntu 16.04 and soon realized that I needed bitcoin core to communicate to the block chain. and rather than doing the simnple PPA methods I found I wanted to compile it myself because I prefer not to truat 3rd parties.I am not Julian Assange but where I can I prefer to not leave dependencies on corporations.Anyway I followed this YouTube video and I have Armory already installed: The YouTube link is in the first imagur link because I am a nub and can only post 2 links, it will be at the bottem of the 3 pictures Here is the issue: When I go to open Armory to play around it first gave me an error saying I needed to go to config to enable rcp.

Below is in sequencial order of how that error occured, my cursor is where I clicked: /a/boKsR So it was late and I just went to bed.But then today I load into Ubuntu and it does this: /a/StZIH It has been 30+ minutes and it still has not connected.I am going to post a picture of the RPC error in a few minutes.If any other logs are needed ask, thanks :) bitcoin up vote 0 down vote What you are encountering is not an error or an installation problem.It's the fact Bitcoin Core needs to download the entire blockchain from beginning to end, and then Armory needs to index it after Bitcoin Core does.This will take a long time to sync up.This is not something you can speed up either.The Bitcoin blockchain is huge and Armory needs that fully synced up Bitcoin Core client for it to work.Your system needs to sync up Bitcoin Core with the >75GB blockchain before your Armory will move forward.30 minutes is not enough time to download that, unless you are on 10Gig fiber or something.

Browse other questions tagged bitcoin or ask your own question.See more Height Age Size (kB) 472680 1 minute 999.99 472679 15 minutes 999.15 472678 48 minutes 998.24 472677 53 minutes 998.15 Like paper money and gold before it, bitcoin is a currency that allows parties to exchange value.Unlike it predecessors, bitcoin is digital and decentralized.For the first time in history, people can exchange value without intermediaries which translates to greater control of funds and lower fees.Buy Bitcoin Learn More Get A Free Wallet You may enter a block height, address, block hash, transaction hash, hash160, or ipv4 address...The number of bitcoin transactions in the last 24 hours.Interactive Chart Sponsored Link404We couldn’t find this page.Maybe it’s out there, somewhere...You can always find insightful stories on our homepage.Still feeling lost?You’re not alone.Enjoy these stories about getting lost, losing things, and finding what you never knew you were looking for.

If you ever asked yourself “What can I do to help Bitcoin succeed?” this post is for you.The Bitcoin network is dependant on decentralization.Meaning we need for a lot of different people to hold a copy of the blockchain (Bitcoin’s “history book”) and make sure that transactions going into the next block are actually valid.asic bitcoin miners for saleEach computer that holds a full updated copy of the blockchain and is connected to the Bitcoin network is considered a node.ethereum online courseI won’t go into a detailed explanation about this in this post but this video will get you up to speed if you’re a complete newbie.litecoin mining 1 gpuAs of today there are only 5000 reachable nodes on average running the Bitcoin network and that number has decreased dramatically since 2014.ethereum nyse

Here are some of the reasons this number is decreasing: So if you really want to chip in and “help Bitcoin” so to speak, you can just fire up a node at home.The process is pretty simple.Here are the initial requirements: It’s common for full nodes on high-speed connections to use 200 gigabytes upload or more a month.ethereum negativesDownload usage is around 20 gigabytes a month, plus around an additional 40 gigabytes the first time you start your node.bitcoin cvsEven though this may sound like a lot to ask for, most computers today can handle these requirements pretty easily.xapo bitcoin accountThe main issue will be the bandwidth the node will consume and this is something you should be aware of before hand.bitcoin mining over wifi

If you’re not sure I suggest you consult your Internet service provider.If you don’t want to commit to these terms on your own computer you have two additional options to consider: Here at 99Bitcoins we run our own node on a VPS.best litecoin equipmentThe coins you get when you sign up are sent from this node and we consider this to be our small contribution to the Bitcoin network.First make sure Bitcoin is legal in your area.Second, make sure that you’re aware of your Internet upload and download limits so that your provider doesn’t slow your connection or shut you down unexpectedly.So now I will show you detailed instructions on how to fire up your own personal node whether it’s on your own computer or on a VPS.The following process is accompanied with screenshots from a Windows computer but is identical to a Mac computer as well.If you are having any difficulties with this process please contact us and we’ll try to do our best to help.

Once you complete these step the Bitcoin Core software will start downloading a copy of the Blockchain to your computer.Since this is a big file it can take anywhere between a few hours to several days to complete.While downloading the program will show how updated it is at the bottom of the screen: Keep in mind that this process will take a big chunk of your bandwidth and that you can stop it at any time by just closing the Bitcoin Core software.The next time you’ll resume the program it will continue from where it left off.Finally in order to make sure that the node is operational as much as possible allow the program to launch whenever you login to your computer.To do this go to “settings” -> “Options”.On the “Main” tab click Start Bitcoin on system login and then Click the Ok button to save the new settings.Before we can say our node setup is complete we will need to configure our network connection to allow other nodes to communicate with our node.This step is relevant only if you’re setting up your node at home and not if you’re setting it up on a VPS.

The first thing you’ll want to do is see whether or not your router is already configured to accept inbound connections.You can use one of two options: Open Bitcoin Core, wait about 30 minutes and then hover over the signal strength at the lower right side of the program.If it says you have more than 8 inbound connections* you’re good to go, if not – enable network connections as explained below.*In order to run a node you’ll need more than 8 connections.If you have less you can still use the program as a Bitcoin wallet but not as a node.fire up your Bitcoin Core program, wait about 10 minutes and then visit BitNodes’ page.Enter your IP address and click on “Check Node” (if you don’t know your IP address just type “what’s my ip” in Google).If you get a green light you’re all set and there’s nothing more that needs to be done.If you get a red light you’ll need to enable network connections.This is probably the most complex part of the process.For users who aren’t tech savvy I highly recommend contacting your Internet service provider’s support and ask them to help you configure your router to allow inbound connections to port 8333.

If you feel comfortable enough to configure this stuff yourself follow these steps.After you’ve finished continue to the firewall configuration.You need to configure your computer’s firewall to allow connections to port 8333.For additional information for Windows, see the links below: Mac OS X comes with its firewall disabled by default, but if you have enabled it, see the section Allowing Specific Applications from the official Apple guide.After you’ve done all of the steps above check your inbound connections again either through the Bitcoin Core program or Bitnodes’ testing tool.Using a VPS to run a Bitcoin node will allow you to support the Bitcoin network 24/7 but it also has disadvantages: If you feel you want to set up the VPS yourself here is a short Reddit post explaining the process.The main advantage Bitcoin has today over traditional payment methods is its decentralization.But if the the number of reachable nodes will continue to diminish, Bitcoin risks losing this advantage.