BitPay Releases Bitcore v1.0.0, Full Node Via Bitcoind

BitPay has announced the release of Bitcore v1.0.0, the latest version of its open source javascript library to build Bitcoin applications.

Though such tools have been generally intended for developers, BitPay says that you don't have to be a seasoned developer to use Bitcore v1.0.0:

"Out of the box, Bitcore is a full bitcoin node, and easy-to-install services make it simple to run your own Copay backend (Bitcore Wallet Service), Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term explorer (Insight), or directly accept bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, without extensive development experience."

The company indicated that the upgrade provides users with a full Bitcoin node in the network, using "Bitcoind"- short for "Bitcoin Daemon", the command-line interface for Bitcoin.

Users can run a blockchain explorer. New architecture, BitPay says, will allow Bitcore-operated services to perform over 20 times faster than previously.

The node can synchronize and index blockchain data more efficiently, and the Address Index storage space has been reduced from roughly 80 GB to 47 GB.

Among Bitcoin wallet and merchant service providers, BitPay has probably been the most involved in producing core software and tools for developers. One of the goals is to lay a robust groundwork for the Bitcoin network, thereby paving the way for a smoother adoption of Bitcoin and integration with the BitPay economy.

The upgrade also contains a number of out-of-the-box API services.