Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Set up Bitcoin local environment #3

Closed
NedimRenesalis opened this issue Mar 7, 2020 · 1 comment
Closed

Set up Bitcoin local environment #3

NedimRenesalis opened this issue Mar 7, 2020 · 1 comment
Labels
task Creates a new workflow

Comments

@NedimRenesalis
Copy link
Member

NedimRenesalis commented Mar 7, 2020

@NedimRenesalis NedimRenesalis added the task Creates a new workflow label Mar 7, 2020
@ramizpolic
Copy link
Contributor

Following tasks have been resolved by this item:

  • switching to Bitcoin Core 0.19
  • rebranding the client
  • setting up the proper pipeline executions
  • switching to workflow of a hard fork from a specific block height, which in turn resolves our need for snapshots.

Sidenote:
After the hard-fork height, we will premine specific amount of blocks, by only allowing our private addresses to mine the blocks (i.e. whitelisting to our pub keys). We also have to take into account to premine 100.000 coins, and for that, we need to know following:

  • block reward - how much coins we obtain for a single block. We can use Bitcoin Block Reward Halving Countdown to obtain this number.
  • number of blocks - obtaining this, we essentially are solving the question of how many blocks we need to mine to obtain 100.000 coins.

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
task Creates a new workflow
Projects
None yet
Development

No branches or pull requests

2 participants