Bitcoin Verde

From CryptoWiki

Basics

"On the 10-year anniversary of the Bitcoin genesis block, a new full node client built from the ground up was introduced to the BCH community. The node project Bitcoin Verde is a complete full node, block explorer and library, the code’s open source documentation details.

According to the Verde project’s creator, he has worked on the client over the last year (2018) with thorough testing and had also asked for help from members of the XT development team. However, the programmer has explained that Bitcoin ABC, Unlimited, and XT are basically forked versions of the reference client Bitcoin Core and still may contain bugs. 

The client’s creator has detailed that Verde handles protocol decisions in a different manner than the traditional reference client. Rather than just the recorded UTXOs, Verde maintains the entire blockchain. The developer explained Verde assesses the situation and rules on the most proof-of-work (PoW) to be its “head” chain.

At the moment (1-2019), the project is in its beta stage and also doesn’t have a complete mining-pool module but the programmer plans to finish the feature in the near future after being a bit more confident with ruleset consistency. “It is my hope that during the next network stress-test, Bitcoin Verde can help to gather statistics on forks, transactions per second, and block/tx propagation time,” the client’s creator elaborated.

“Bitcoin Verde has its drawbacks: it’s a resource-hog. Since the whole blockchain is indexed, the disk footprint is about 600GB,” Verde’s developer confessed. “Another drawback is that Bitcoin Verde ‘does more stuff’ – it is essentially a block explorer, and because of that, the initial block download takes about 2-4 days to index all of the chain and its addresses.”

Team

Investors

  • "raised 26 BCH in just a weekend (2-2020) after having presented its project for increasing mining diversity project, announcing they will be striving to become a mining ready full nodeJoshua Green, the lead developer of Bitcoin Verde, stated these funds will also be used to improve SLP/Memo support, create testnet connections, and increase mining viability."