Bitcoin Developers Release Major Update on Testnet, What Changed?

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Bitcoin (BTC) developers have announced the release of v31.0rc4 for testing. As highlighted by Bitcoin Core Project on X, this major release follows v30.2 and comes with binaries and draft notes available for review by developers, node operators and testers. The announcement targets Bitcoin researchers, miners and wallet infrastructure providers as a major change has been introduced in the cluster mempool design. For clarity, the mempool is like a waiting room where transactions sit before miners include them in blocks. In this redesign, there is improvement in transaction selection for blocks, fee efficiency and the handling of complex transaction packages. Rather than impose limits, the new system organizes transactions into clusters. It comes with a default limit of 64 transactions per cluster and 101 kB size. The idea is to help the node make better decisions when prioritizing transactions by fees. Additionally, the update allows a user to replace a pending transaction with a higher-fee version. This will ensure that a replacement improves the mempool’s overall fee structure. A new release candidate of Bitcoin Core, v31.0rc4, is available for testing.This is a new major release, and follows v30.2.Work-in-progress release notes are here: https://t.co/aSo2yLDcAtBinaries are available here: https://t.co/tJBrlaSGYx The Bitcoin node software v31 also has improved privacy features, better fee estimation and performance upgrades. On the privacy front, ...