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[Ask] What benefit when i using Bitcoin core??

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inigthz

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Posts: 154
Location: Indonesia

First, sorry.. i'm not yet running bitcoin core as long knew bitcoin.

Back to questions,

What benefit when i'm using Bitcoin core??

When we running (open wallet) coin POS, we can collecting coin from staking.

Does it same with bitcoin core or not??

Thanks.

Posted on October 2, 2014 at 11:12 PM

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• asdolino

  

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  You can't earn more coins with POS because btc is a POW only coin.

  Posted on October 3, 2014 at 12:10 AM
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• cryptozio

  

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  With bitcoincore you should be sure to have a bug free wallet but I would use a lightweight wallet like electrum or multibit.

  Posted on October 3, 2014 at 12:39 AM
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• inigthz

  

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  Location: Indonesia

  @asdolino You can't earn more coins with POS because btc is a POW only coin.

  So, where it goes the fee miners directly collecting??

  Posted on October 3, 2014 at 12:50 AM
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• king_nakamoto

  

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  The transactions fee go to the miners but I think I haven't understood well the question.

  Posted on October 4, 2014 at 1:31 AM
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• inigthz

  

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  Location: Indonesia

  @kingnakamoto The transactions fee go to the miners but I think I haven't understood well the question.

  Fee go to the miners

  Fee go to the miners, does mean bitcoin will be burn??

  Posted on October 4, 2014 at 8:34 AM
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• eshriek

  

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  @inigthz

  @kingnakamoto The transactions fee go to the miners but I think I haven't understood well the question.

  Fee go to the miners

  Fee go to the miners, does mean bitcoin will be burn??

  No, bitcoin does not get burned. There are blocks that are mined. Every 10 minutes (on average) a block is 'found' and 25 BTC are released to miners. All of the transactions that happen are recorded in the block. When you send btc there will be a fee (unless you specify no fee which will then take a long time to confirm). Your transaction is recorded in the 1st block, but it takes 6 blocks to fully confirm. After each block, miners get 25 btc plus the transaction fees for the block.

  see: https://en.bitcoin.it/wiki/Transaction_fees

  Posted on October 4, 2014 at 10:40 PM
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• feryanggraeni

  

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  Location: surabaya

  You can earn every sunday in counterwallet

  Posted on October 14, 2014 at 6:03 AM
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