All of these characteristics must be true (MEMORIZE THEM):
- R = Revolutionary
- I = Immutable
- P = Public
- C = Collaborative
- O = Open
- R = Resistant to Censorship
- D = Decentralized
If a single one of them isn’t true than it isn’t a cryptocurrency.
Bitcoin is RIPCORD compliant!
Out of the box, you can only look up a transaction by its index when the transaction is associated with a wallet you own. This optimization makes sense from an efficiency perspective because should you waste disk space on transactions that aren’t your own? That is a good point, but you don’t save much space.
Continue reading “Be sure to set up your Bitcoin node with the full transaction index!”
This is how to start the Bitcoin Testnet node on macOS.
It creates an function
btctestnet for convenience.
This configuration loads the
txindex so I can lookup transaction information too.
open /Applications/Bitcoin-Qt.app --args -txindex=1 -testnet "$@"