Can I do transactions while Bitcoin Core is being synchronized?

1

How long does this process take? It is telling me 46 weeks left but its doing this for months. How do I speed of the synchronization?


I downloaded it from their website. It is the latest version of Bitcoin Core. Windows 10, 4.00GB 64 Bit

Lorna Amiott

Posted 2018-06-22T12:39:19.157

Reputation: 11

Question was closed 2018-09-22T19:47:34.280

Why not download the blockchain via torrent?Zombie 2018-06-22T12:54:01.913

can you elaborate more on "move transactions"?Adam 2018-06-22T13:28:57.073

@Zombie considering the timescale mentioned in OPs Q, I would guess the bottleneck isn't download bandwidth, more likely it is something like read/write delays from an external drive, or CPU usage.chytrik 2018-06-22T21:09:11.903

bottleneck is not internet bandwidth. For the initial sync, the bottleneck is validating the block-chain (this goes fastest with a solid-state drive, and several GB of RAM). And also it will be slower to download from BitTorrent because you will first have to download the block-chain, then validate it.Zombie 2018-06-27T11:40:11.907

" 46 weeks left but its doing this for months" are you saying that your sync has been ongoing for months? Something is wrong. Either you have AV massively slowing down your transfer or something has corrupted your database. Either way, without more information I doubt anyone can help.G. Maxwell 2018-09-09T20:41:01.437

Answers

-1

I assume, you are using bitcoin QT client, then the general answer to move coins without bitcoin core being sync'd is yes :-) Simply use another wallet software. You could export your keys from the current bitcoin core system, and import it into another wallet software. I am doing this often, and I have written my own unix shell scripts to then create a transaction manually. However I recognize, that you are a new member here, and I assume, you do not have the experience yet to do so. So it is quite difficult to explain the process, without having a sound understanding, what you do.

Why it is so slow in sync'ing the blockchain? There can be many reasons: I explained it here: https://bitcointalk.org/index.php?topic=4500995.msg40584294#msg40584294 There is no easy way to speed up things, but if you have a decent QUAD CORE CPU and 4 gig memory, with an SSD, you're good to go a few days.

For the sake of quickly getting things done, playing with low volumes (low values of funds), I guess the best option for you would be to export the PRIVATE keys from bitcoin wallet (there is plenty of messages in the forum her, just search for it, keywords QT wallet and dumpprivkeys), and then import into some SPV wallet, or some online wallet. However, there are different representations of keys to import and export (keys can be hexadecimal, or WIF or even WIF-compressed). So there is a learning curve involved! You would need to find a matching pair. Perhaps the question should be rephrased a bit, and someone in the community can help out on compatible export/import wallets...

pebwindkraft

Posted 2018-06-22T12:39:19.157

Reputation: 4 568

It's really unsafe for inexperienced users (or even experienced ones) to directly handle private keys. Many people have lost funds due to e.g. not understanding change.G. Maxwell 2018-09-09T20:39:18.483