Bitcoin wallet slow syncronization

Posts: 2
Joined: Fri Apr 07, 2017 12:57 pm

Bitcoin wallet slow syncronization

Postby dixon » Sat Apr 08, 2017 5:41 am

why does a bitcoin wallet seem to take a while when synchronizing?
Last edited by dixon on Sat Apr 08, 2017 6:25 am, edited 1 time in total.

Posts: 70
Joined: Thu Apr 06, 2017 10:50 am

Re: Bitcoin wallet slow syncronization

Postby gareth » Sat Apr 08, 2017 6:24 am

When synchronizing, your wallet is actually downloading the blockchain which is the record of every single transaction made on the Bitcoin network. Blockchain currently amounts to 9GB of storage which grows even further with each new transaction, hence the slow synchronization.

Posts: 17
Joined: Tue Aug 22, 2017 12:39 pm

Re: Bitcoin wallet slow syncronization

Postby anges » Wed Sep 06, 2017 5:09 am

The wallet will download a blockchain, which has record of each transaction that happened on the system. When you want to install a wallet, just download the entire blockchain. The blockchain requires heavy capacity, so the synchronization is slow.

Who is online

Users browsing this forum: No registered users and 1 guest