What is Bitcoin Block Height?

C O N T E N T S:


  • The block height is the amount of blocks on the chain between it and the starting genesis block (the bitcoin blockchain genesis block from January 2009 would be 0).(More…)


  • Miners collect transaction fees for the transactions they confirm and are awarded bitcoins for each block they verify.(More…)


What is Bitcoin Block Height?
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The block height is the amount of blocks on the chain between it and the starting genesis block (the bitcoin blockchain genesis block from January 2009 would be 0). [1] In mid-2017, a group of developers wanting to increase bitcoin block size limit prepared a code change. [2] The Bitcoin block chain is a public record of all Bitcoin transactions. [3]

The block height is just the number of blocks connected together in the block chain. [3] The bitcoin-qt node is now synced up to the current block height, and mouse-over displays the correct number of confirmations. [4] The number of confirmations is too low by about 30 (a bit of a guess as I get tx details and then check the block height the UI reports it’s synced to). [4]

I assume the transaction has a lock time specified as block height. [4]

The hard fork proposed by the Bitcoin Diamond (“BCD”) is expected to occur at the block height of 495866 (Beijing Time – Nov 24 2017). [5] When the block reached the height of 495850, we would suspend all the withdrawal and deposit of Bitcoin. [5]

According to spec a coinbase transaction should contain one input that has a 32-byte transaction id and 0xffffffff index (since there is no previous output), and a script that is of a variable lenge and contains block height (BIP34) and some arbitrary data (aka extranonce that contributes to enlarge the domain for the proof of work function). [6] List all block heights which contain any wallet transactions. [7]

Tipped as “the first charity platform built on a blockchain”, Bitcoin God forked on December 27th of 2017 at block height 501225. [8] Having forked on the first of January at block height 501888, Bitcoin holders received BPA tokens on a 1:1 ratio with BTC. [8]

Forked after a series of arguments as to how to scale the Bitcoin protocol, a group of developers forked Bitcoin Cash at block height 478558. [9]

In mid-2017, a group of blockchain developers proposed the implementation of a system that would double or triple the size of Bitcoin blocks. [9] The Blockchain Data API allows Bitcoin block and transaction payments data query functionality. [10]

The Bitcoin block reward refers to the new bitcoins distributed by the network to miners for each successfully solved block. [11]

It’s been executed on BTC testnet3 several times, leading to nearly triple the block height of the mainnet on the R&D network. [12] A block height chart is indicative of how steadily new blocks are being discovered on the blockchain as time passes, amid varying mining difficult levels. [11] It has a block height of zero, as no blocks precede it in the blockchain. [11] Block height is also calculated as the length of the blockchain minus one. [11] This API provides requests for data regarding single block, single transaction, chart, block height, single and multi address, unspent outputs, unconfirmed transaction, inventory and more. [10] Block height for Crpytopia is super behind, so I hope that Litecoin Btcoin Silver Up And Coming Cryptocurrency Reddit will receive my funds soon. [13]

This snapshot took place at the block height 272991 for ZCL and 511346 for Bitcoin. [14] OKCoin will take a snapshot of users? account every time a BTC hard fork occurs (at the predetermined block height), if the hard fork supports replay protection and proper splitting. [15] Forks in coins occur when two or more blocks reach the same block height. [16]


Miners collect transaction fees for the transactions they confirm and are awarded bitcoins for each block they verify. [3] Bitcoin adjusts the mining difficulty of verifying blocks every 2016 blocks. [3] The number of bitcoins generated per block is decreased 50% every four years. [3] Some members of the Bitcoin community including Roger Ver felt that adopting BIP 91 without increasing the block-size limit favored people who wanted to treat Bitcoin as a digital investment rather than as a transactional currency and devised a plan to increase the number of transactions its ledger can process by increasing the block size limit to eight megabytes. [2] As part of bitcoin mining, mining “pools” are a network of miners that work together to mine a block, then split the block reward among the pool miners. [3] Mining pools are a good way for miners to combine their resources to increase the probability of mining a block, and also contribute to the overall health and decentralization of the bitcoin network. [3] The data is bitcoin transactions and blocks, which is validated across the entire network of users. [3] A full node is when you download the entire block chain using a bitcoin client, and you relay, validate, and secure the data within the block chain. [3] Cryptography, which is essentially mathematical and computer science algorithms used to encrypt and decrypt information, is used in bitcoin addresses, hash functions, and the block chain. [3] Proof of work refers to the hash of a block header (blocks of bitcoin transactions). [3] This wont be a long post but one that we felt deserved it regarding Bitcoin’s blockchain and block number 527309 in which contained 71,596.09 BTC one of the highest recorded. [1] The total number of blocks in the chain (aka height), and the daily rate of growth. [17] When receiving the transaction through a block, its lock time must be that block’s height or less. [4] Height 0 for example refers to the very first block, called the “genesis block.” [3] For those who may not know, the definition of block chain height (block height) is the number of blocks preceding a particular block on the blockchain. [1]

The block contains transaction information that occurred during that time-span and is permanently recorded then distributed to all other miners. [1] In order for miners to confirm transactions and secure the block chain, the hardware they use must perform intensive computational operations which is output in hashes per second. [3]

Just like financial transactions where you send money from one person to another, in bitcoin you do the same thing by sending data (bitcoins) to each other. [3] A transaction is when data is sent to and from one bitcoin address to another. [3] Bitcoin has certainly revolutionized the way people do business payment transactions today. [1] The more confirmations that a transaction has, the harder it is to double spend the bitcoins. [3] The bitcoin ledger called the blockchain and the cryptocurrency split in two. [2] “A new digital currency is about to be created as the bitcoin blockchain is forced to split in two”. [2] Bitcoin, the first cryptocurrency ever created has indeed become the most widely used digital currency on earth. [1] “Bitcoin Cash: Price of new currency rises after bitcoin’s ‘hard fork ‘ “. [2] By now we all know the huge impact that Bitcoins have generated in the currency marketing world. [1]

The hash rate is how the Bitcoin mining network processing power is measured. [3] Bitcoin is a peer-to-peer protocol, where all users within the network work and communicate directly with each other, instead of having their funds handled by a middleman, such as a bank or credit card company. [3] In June 2017, Bitmain took leadership and formally announced a plan for the hard fork, then named Bitcoin UAHF (User Activated Hard Fork). [2] In relation to bitcoin it is characterized variously as a spin-off, a strand, a product of a hard fork, an offshoot, or an altcoin. [2]

It is currently 5.8% more profitable to mine on the Bitcoin (BTC) chain. [18] Just like with paper dollars you hold in your physical wallet, a bitcoin wallet is a digital wallet where you can store, send, and receive bitcoins securely. [3] Think of a private key like a password; private keys must never be revealed to anyone but you, as they allow you to spend the bitcoins from your bitcoin wallet through a cryptographic signature. [3] A private key is a string of data that shows you have access to bitcoins in a specific wallet. [3] Ideally, a bitcoin wallet will give you access to your public and private keys. [3]

A public bitcoin address is cryptographic hash of a public key. [3] It can be published anywhere and bitcoins can be sent to it, just like an email can be sent to an email address. [3] Bitcoins have value because it’s based on the properties of mathematics, rather than relying on physical properties (like gold and silver) or trust in central authorities, like fiat currencies. [3] Bitcoin Improvement Proposal or BIP, is a technical design document providing information to the bitcoin community, or describing a new feature for bitcoin or its processes or environment which affect the Bitcoin protocol. [3] The term cold storage is a general term for different ways of securing your bitcoins offline (disconnected from the internet). [3] The purpose of using cold storage is to minimize the chances of your bitcoins being stolen from a malicious hacker and is commonly used for larger sums of bitcoins. [3] Satoshi is the name used as the original inventor of Bitcoin. [3]

The Bitcoin (BTC) chain has grown 38.19GB more than the Bitcoin Cash blockchain. [18] The Bitcoin Cash blockchain is currently operating at 12.26% of the Bitcoin (BTC)’s difficulty. [18]

At the time of the fork anyone owning bitcoin was also in possession of the same number of Bitcoin Cash units. [2] As of May2018, daily transaction numbers for bitcoin cash are about one-tenth of those of bitcoin. [2]

Bitcoin mining is the process of using computer hardware to do mathematical calculations for the Bitcoin network in order to confirm transactions. [3] A confirmation means that the bitcoin transaction has been verified by the network, through the process known as mining. [3] Once a chain is formed, it confirms all previous Bitcoin transactions and secures the network. [3]

When a block is successfully mined on the bitcoin network, there is a block reward that helps incentivize miners to secure the network. [3] By 2016, Bitcoin’s block size limit had created a bottleneck resulting in increasing transaction fees and delayed processing of transactions that could not fit into a block. [2]

Difficulty is automatically adjusted to keep block verification times at ten minutes. [3] There have been 56929 blocks mined since the first hard fork. [18] A block is considered valid only if its hash is lower than the current target. [3]

The block reward is part of a “coinbase” transaction which may also include transaction fees. [3] The entire block chain can be downloaded and openly reviewed by anyone, or you can use a block explorer to review the block chain online. [3] Each block refers to a previous block adding to previous proofs of work, which forms a chain of blocks, known as a block chain. [3]

In March 2018, OKEx cryptocurrency exchange stopped trading selected Bitcoin Cash pairs referring to “inadequate liquidity”, however maintaining BTC and USD pairs, among others. [2] When Bitcoin Cash launched in early August, Bitcoin holders received one Bitcoin Cash token for each Bitcoin they held. [2] Like what we’re doing? Support us on Patreon or directly via Bitcoin or Bitcoin Cash. [18] It garnered community support and was later renamed Bitcoin Cash. [2] Added support for Bitcoin Cash vanity addresses via Vanity Cash. [18] “Bitcoin rival Bitcoin Cash soars as Coinbase adds support”. [2]

Bitcoin cash trades on digital currency exchanges including Bitstamp, Coinbase, Gemini and Kraken. [2]

If someone tries to send a bitcoin transaction to two different recipients at the same time, this is double spending. [3] Cryptography is used in multiple places to provide security for the Bitcoin network. [3]

This tx was around height 522030, and I don’t think there were any reorgs around then; the node displaying the UI bug was directly connected to another node on a server I control which was synced up, so I’m quite sure there were no reorgs or anything strange being sent to the QT node. [4]

It became mandatory with BIP34/v2 blocks to put the height of a block in a special encoded format into the coinbase transaction’s input “script”. [19] Prunes the blockchain, it will keep blocks specified in Network Configurations. [7] Returns the estimated current or historical network hashes per second, based on last blocks. [7]

Litecoin Cash promises 2.5-minute block times and 90% savings on transaction fees, versus Litecoin’s already very low requirements. [20] Compared to Bitcoin Cash: Litecoin Cash supports Segwit, and has much faster block times,” the description continues. [20]

SHA256 miners have little practical choice of hashpower destination, and if they do mine blocks they’re being paid in a currency with 10-minute block times,” the Bitcointalk post explains. [20] At some point in 2011/12 miners started using custom mining algorithms ignoring the best practise to mine to a different new public key (hash) for each subsequent block. [19] According to official release material published Thursday and an earlier post on forum Bitcointalk, Litecoin Cash will debut at block 1371111, crediting original Litecoin chain coin holders with 10 litecoin cash tokens for each litecoin held. [20]

Invalidation will work while running, restarting node will remove invalid block from list. [7] Returns new work, whenever new TX is received in the mempool or new block has been discovered. [7]

With everyone else too busy forking Bitcoin, we decided that the Litecoin blockchain was a perfect means of intial (sic) distribution for our coin.” [20] Blockchain has undoubtedly disrupted the financial sector with the popularity of Bitcoin, but it doesn?t stop there. [20]

This lead to a lack of uniqueness of the coinbase transaction id and destroyed some bitcoins forever. [19] Litecoin was one of the first cryptocurrencies to adopt SegWit technology last May, while Bitcoin Cash’s resistance to it has been a frequent source of criticism, and even jokes among, online commentators. [20] Making the case for their project, Litecoin Cash developers took direct aim at both Bitcoin and its pioneering hard fork. [20] BCD is a new digital currency which is produced during the Bitcoin hard fork. [5]

This package contains composable helpers for building and decoding a blockchain transaction and implements an example of bitcoin transaction builder and decoder. [6] Bitcoin forks have become an increasingly trendy accessory since the advent of Bitcoin Cash in mid 2017. [20]

December saw the phenomenon reach satirical heights, with a dedicated tool allowing anyone to create their own hard fork appearing for as little as $90. [20]

The total height of the blockchain is taken to be the height of the most recent block, or the highest block, in the chain. [11] My problem with cloud miners is simple: The height of the block in the blockchain; i. [21]

The reason it’s been executed on Bitcoin testnets successfully is because they have modified consensus rules that let miners make blocks at the lowest difficulty if the network hasn?t been active for a while, making the initiation of a time warp attack much easier. [12] The key difference in Bitcoin and Verge here is that Verge re-targets every block, whereas Bitcoin re-targets every 2 weeks. [12]

CORS header information is provided and all responses are in JSON. Blockchain is a service that provides information on bitcoins and block chain data. [10] The block reward is the only way that new bitcoins are created on the network. [11] Satoshi Nakamoto, Bitcoin’s creator, set the block reward schedule when he created Bitcoin. [11] Bitcoin God not only introduces Proof-of-Stake mining and a planned extension to include smart contracts (beyond Bitcoin’s existing Script capabilities) but further plans to implement a larger block size and a zero-knowledge proof in the future. [8] The SegWit system was designed to increase the block size and reduce delays in the Bitcoin protocol. [9]

With claims that its “DAG supported blockchain would be the most widely used one with the highest market cap”, and a mission to “make Bitcoin great again”, Bitcoin Pizza intended to fork the Bitcoin blockchain, reward its holders with airdropped tokens, and then able its participants to exchange those tokens for the official ‘BPA token’ at a later stage, given that blockchains and directed acyclic graphs are not interoperable. [8] Bitcoin God delivered 17 million GOD tokens one a 1:1 ration to BTC holders where, of the remaining four million tokens, 400 thousand would be used as Proof-of-Stake mining rewards while an additional 3.6 million tokens would be airdropped to charities. [8]

How does it work? Bitcoin Cloud Mining Cons And now the counterpart list: To get more details about Cloud Mining Vs Solo Mining Monero Lifetime Zcash Cloud Mining transactions, you must concatenate this URL with the desired transaction hash es. [21] I love this article! Cloud Mining is a way to mine bitcoin or different cryptocurrencies without the need of owning a miner or mining hardware. [21] Summary Bitcoin Cloud Mining is a way to mine Bitcoin without Is Ethereum Mining Profitable 2018 Altcoin Mining Pools mining hardware. [21]

With the blockchain, for example, Bitcoin mining pools and developers who own large amounts of Bitcoins are responsible for making changes in the blockchain protocol. [9] Bitcoin has been forked over 44 times, though some new blockchains are more wacky than others. [8] Instead of implementing new blockchain tweaks or long-term strategies, Bitcoin Pizza is unique in that it intended to marry Bitcoin with a directed acyclic graph the same technology that underpins IOTA and Byteball. [8] There have been more than five Bitcoin hard forks, one Ethereum hard fork and more than a dozen other forks from other blockchains. [9] A lot of developers have attempted to hard fork Bitcoin in the past and in 2017, they succeeded. [9]

Users wishing to nominate a charity can leave their wallet address on Bitcoin Gold’s social network, whereafter the cryptocurrency’s community will ‘vote to decide on the ratio and amount of airdrops’. [8] In a system where the user is ‘God’, Bitcoin God enables a community of token holders to vote on the ratio and amount of tokens issued to ‘charitable’ causes. [8]

If an attacker tried to initiate a time warp attack on Bitcoin, it would be visible for 2 weeks before taking any effect, giving the network time to respond and push out the bad actor’s hash rate. [12] There’s no explicit software mechanism that prevents a time warp attack on the Bitcoin mainnet. [12] While a time warp attack is just as possible on Bitcoin, its effects would be much less severe. [12] What’s your take? Are you concerned, not concerned, or unsure about a time warp attack on Bitcoin? Let us know your thoughts in the comments below. [12] In this example we will be using DOT, however, generating or viewing your deposit address for most coins has the Bitcoin Real Time Api Cryptopia Confirmation Deposit Ethereum basic steps. [13] You can get a live view of unconfirmed transaction propagation analysis on Bitcoin by connecting to our Transaction Propagation WebSocket, at the following address:. [21] Bitcoin, for example, was developed to provide secure, fast, peer to peer transactions. [9] The Bitcoin payment protocol implements a maximum of 7 transactions every second. [9]

With a market cap of $749 million and trading at $43, Bitcoin Gold is the 27th largest cryptocurrency network. [9] Bitcoin might be called the ‘father’ of cryptocurrency, but Bitcoin ‘God’ takes things to a whole new level. [8] Bitcoin Diamond came around the same time as Super Bitcoin and Bitcoin ore. [9] Better prices — Bitcoin Cloud Mining operations involve millions of dollars. [21] Useful Bitcoin Links and Information After reading all this bitcoin cloud mining text here some things, which might interest you: This is consistently one of the highest paying faucets out. [21]

This means miners can mine bitcoins and sell them for a profit. [11] Miners are profitable when their hardware and electricity costs to mine one bitcoin are lower than the price of one bitcoin. [11] Bitcoin Gold was forked so that Bitcoin miners could be equalized again. [9] While Bitcoin Wallet Code Ethereum Virtual Machine are many possible use cases, the two we hear most about are:. [21] Why not just earn the Bitcoins and keep the profits? In a multi-signature wallet, there are several private keys that can unlock the wallet, but just one key is not enough to unlock it. [21]

When a majority of mining pools rejected the idea, some developers forked the Bitcoin protocol. [9] Bitcoiners might enthusiastically share the tale of the purchase that saw one happy customer part with 10k BTC for two pizzas, and now Bitcoin Pizza has picked up the banner. [8] Non gamblers still use the website and earn substantial amount of bitcoins. [21]

The 2017 Bitcoin Cash fork, for instance, was meant to implement a code that would increase Bitcoin’s blocks to 8MB without using SegWit. [9] Bitcoin transactions are broadcast to the network by the sender, and all peers trying to solve blocks collect the transaction records and add them to the block they are working to solve. [11]

The resultant cryptocurrency network would hold more transactions in one block (8MB instead of Bitcoin’s 1MB). [9] Transactions are grouped in blocks of 1MB in size before being added to the blockchain. [9] PushTX “fddf3ddaaede31adcb28c73cace2fbbbb9b8c3fed6dcbafcbf9f0aafba9bb50f1efcb4cedcfbdcecb17f04f5fa1bdef33faa2ba7fa28c56a50facab96affffffffdacdcacaee1ea3f57ecedd1d09eacccadcc1af6a69bf12e90cbac” if err! Optional Time at which transaction was included in a block; only present for confirmed transactions. [21] By virtue of having a much larger network than altcoins, BTC miners can just choose not to build on blocks with invalid time stamps, rendering the attack much less effective (because it orphans the invalid blocks) as long as the attacker doesn?t have majority hash rate. [12] If two miners arrive at two different valid solutions for the same block at the same time, unbeknownst to one another. [11] Miners get incentive to include transactions in their blocks because of attached transaction fees. [11] Triggered for every new transaction making it into a new block; in other words, for every first transaction confirmation. [21] The very first block on a blockchain is called the genesis block. [11] When a hard fork occurs, certain blocks in the old blockchain are validated while others are invalidated. [9] A blockchain contains a series of blocks, hence the name blockchain. [11] I hope from this day forward when someone mentions blockchain you think of Mario punching a block. [11]

This prevents someone from forking the chain and creating a large number of low-difficulty blocks, and having it accepted by the network as longest. [11] New blocks can’t be submitted to the network without the correct answer the process of mining is essentially the process of competing to be the next to find the answer that solves the current block. [11] These blocks are essentially data units which are used to store transactional information of the network. [11] The mathematical problem in each block is extremely difficult to solve, but once a valid solution is found, it is very easy for the rest of the network to confirm that the solution is correct. [11]

Another interesting emergent mitigation is BIP113’s change to nLocktime users can actually heavily incentivize accurate time-stamping of blocks if users decide to start including this type of transaction in blocks. [12] Each block contains, among other things, a record of some or all recent transactions, and a reference to the block that came immediately before it. [11]

The more hash power a miner or mining pool has, the greater the chance is that the miner or pool has to mine a block. [11] At 144 blocks per day, 210,000 blocks take on average four years to mine. [11]

The time warp attack exploits the difficulty re-targeting code, and by faking time-stamps to make your blocks look like they?re coming out slower than usual, it lowers the difficulty. [12] This means every block up until block #210,000 rewards 50 BTC, while block 210,001 rewards 25. [11] The v0.12.0.0 node gets stuck frequently. v0.12.1 release i’ve been reading is mostly about ledger support, not fixing corrupt blocks. v0.12.2 supposedly fixes this issue. [22] The other one has been processed and has block confirmations but the ETH is not in my Cryptopia account. [13] We’ve talked about difficulty, and we’ve talked about hashing power, but what is that for? Breaking blocks! Well not really but it gave me an excuse to use a picture of Super Mario. [11]

The block reward acts as a subsidy and incentive for miners until transaction fees can pay the miners enough money to secure the network. [11] The block reward creates an incentive for miners to add hash power to the network. [11] The block reward is what miners try to get using their ASICs, which make up the entirety of the Bitcoin network hash rate. [11] Like Bitcoin Cash, Bitcoin X planned to increase Bitcoin’s block size to 8MB. However, BCX also intended to introduce smart contracts, a new mining consensus and an “X” number of possibilities. [9]

Since Bitcoin Cash happened, more than 10 other forks have happened. [9] At the time of writing, Bitcoin Cash has a market cap of $16.99 and trades at $990. [9] Over time, however and save for the introduction of zero-knowledge proofs BitcoinBoy’s goals have largely been achieved by Bitcoin Cash. [8]

Most Bitcoin forks are implemented to add new functionality to the Bitcoin blockchain. [9] Unfortunately, the network didn?t grow as fast as other Bitcoin forks. [9]

The attack in question is still valid against Bitcoin’s security model, and fixing security issues like this is important for keeping the Bitcoin network secure. [12] The process through which Bitcoin transactions are verified had become so capital-intensive that it was not profitable to mine with CPUs or GPUs. [9] Known as Segregated Witness (SegWit), the system segregated the data that constitutes a Bitcoin transaction and the signatures of those involved in the transaction. [9]

The block reward started at 50 BTC in block #1 and halves every 210,000 blocks. [11]

RANKED SELECTED SOURCES(22 source documents arranged by frequency of occurrence in the above report)

1. (40) Cryptocurrency Glossary – Blockchain Support Center

2. (28) Proof of Walken – Lets Talk About Blocks – Whale Reports

3. (23) Bitcoin Forks Explained: What are They & Why they Happen?

4. (15) Bitcoin Cash – Wikipedia

5. (12) Free Bitcoin Auto Faucet Can Ethereum Scale Auro Oceanic Resort

6. (12) From God to Pizza – Three of the weirdest Bitcoin forks yet | Coin Insider

7. (11) Bitcoin Is Vulnerable to Verge-Style Time Warp Attacks – Bitsonline

8. (10) First Litecoin hard fork promises to beat Bitcoin Cash at forking game

9. (7) Bitcoin Blockchain Block #527309 Contained 71,596 BTC ($450 Million USD)

10. (6) Coin Dance | Bitcoin Cash Block Details

11. (5) wallet / qt: confirmed transaction labeled “open” Issue #13299 bitcoin/bitcoin GitHub

12. (5) Bcoin API Reference

13. (3) Blockchain Data API | ProgrammableWeb

14. (3) Bitcoin Real Time Api Cryptopia Confirmation Deposit Ethereum

15. (3) consensus – Why was BIP34 (Block v2, Height in Coinbase) not implemented via the coinbase tx’s locktime or nSequence? – Bitcoin Stack Exchange

16. (3) Policy on BCD Hard Fork – Help center

17. (2) tx-builder – npm

18. (1) Bitcoin Private (BTCP) Mining and Profitability – 2Miners Blog

19. (1) Announcing OKCoin’s “Chain Split Token” Scheme – OKCoin

20. (1) Bitcoin Cash / BCC (BCH) ? Bio, Charts, Prices, Market Cap | Coinbio

21. (1) Block Height – Bitcoin Visuals